Boeing sets layoffs as it struggles to raise output
SEATTLE, Washington — Boeing plans to cut 5 percent of its workforce as it struggles to increase jetliner production output, the division’s chief, Stephanie Pope, told employees on Monday in an internal memo. “As shared in our third-quarter earnings, we need to reset the pace of our production rate ramps to provide our factories and supply chain partners additional time to achieve stability. “Adjusting our production schedules and reducing aircraft output puts us in an…