Boeing to cut 5% of commercial airplane workforce

Driving the news: Boeing Commercial Airplanes CEO Stephanie Pope told employees Monday that the company needs to slow production increases to give its factories and suppliers more time to stabilize, the Seattle Times reports.

• The reductions will come through layoffs and attrition.

• Boeing's commercial airplane division employed about 50,500 people at the end of 2025, meaning a 5% reduction would translate to roughly 2,500 positions if staffing levels have remained similar, per the Times.

Zoom in: Boeing said in its third-quarter earnings call that it expects to miss its 2026 target of 500 deliveries of the 737 MAX.

What they're saying: IAM District 751, which represents local Boeing machinists, confirmed to Axios that the union was notified shortly before the news was shared with its members.

• The union does not yet know how many workers will be affected or which employees face cuts, spokesperson Deirdre Kaniewski told Axios.

What's next: Affected Boeing employees will be notified in December, per the Seattle Times.

This is a developing story. Check back for updates.