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Boeing to cut 4,000 jobs from commercial airplane division

Move part of broader effort to lower costs amid fierce competition from Airbus

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Boeing Co plans to slash about 4,000 jobs from its commercial airplane unit by mid-year as part of a broader effort to reduce costs amid fierce competition from Airbus Group SE.

Chicago

BOEING Co plans to slash about 4,000 jobs from its commercial airplane unit by mid-year as part of a broader effort to reduce costs amid fierce competition from Airbus Group SE.

The US planemaker doesn't plan any involuntary layoffs, for now. Rather, the savings will come

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