Boeing told employees Monday it will continue to cut jobs at its commercial airplane unit in 2017, citing fierce competition with rival Airbus and a drop in new orders.
“While we have made progress in reducing costs and improving affordability, we will need to do more in 2017,” said an internal company message. “We will need to continue to reduce the size of our workforce next year.”
The company will start by leaving open positions unfilled and offering voluntary buyouts. It said it will only turn to layoffs as a last resort.
