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Boeing laying off workers

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Boeing announced it will slash 5% of its workforce in the commercial airplane division.

Some of the cuts will be made through attrition.

CEO Kelly Ortberg said on an earnings call last month that the company is delaying a manufacturing expansion of its Max aircraft to the second half of 2027. Ortberg also said the construction of airplane wings is proceeding slower than expected.

Read more from Moneywise.

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