Boeing stated on Monday that due to the production capacity increasing at a slower pace than the company expected, it plans to cut 5% of its workforce in its commercial aircraft business.

The person in charge of the commercial aircraft business, Stephanie Pope, stated in a memo sent to employees that this reduction in staff will be carried out through a combination of natural attrition and layoffs.

Pope reiterates that the company is still working hard to stabilize the production rate of its best-selling 737 Max aircraft. This model is manufactured in regions outside of Seattle.

Last month, CEO Kelly Ortberg told investors that the company would not significantly increase the production of the Max model until the second half of next year. He stated that the company's wing production speed was slower than expected.

In his Monday memo, Pope wrote: 'We need to adjust our production plan and reduce aircraft output, which will result in an excess of staff. Unfortunately, this means we will have to adjust the workforce according to the revised business plan. In the end, we will cut about 5% of the employees through a combination of natural attrition and involuntary layoffs. Notifications regarding this will begin to be sent from December onwards.'

Boeing's goal is to increase production to 52 aircraft per month in the second half of 2027. Ortberg indicates that the company has been working hard to stabilize the production of the 737 Max aircraft at around 47 per month.