Boeing to trim 4,000 jobs amid makeover of commercial unit

March 30, 2016 1:33 PM

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Boeing plans to cut about 4,000 jobs from its commercial airplanes division by mid-year as part of a broader effort to reduce costs amid fierce competition from Airbus Group.

The U.S. planemaker doesn't plan any involuntary layoffs, for now. Rather, the savings will come from 1,600 workers who elected to leave the company under a voluntary program announced last month, Marc Birtel, a Boeing spokesman, said by email. Another 2,400 positions are either vacant or will be sh...

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