World News

Boeing plans to cut 787 Dreamliner output, jobs: Bloomberg News

(Reuters) – Boeing Co <BA.N> is planning to cut 787 Dreamliner output by about half and announce job cuts in its first-quarter earnings report, Bloomberg news reported on Thursday.

Details of the production changes for Boeing’s commercial lineup are still being finalized and will determine the number of jobs to be removed through layoffs and buyouts, the report added.

Boeing did not immediately respond to a Reuters request for comment.

(Reporting by Maria Ponnezhath in Bengaluru; Editing by Himani Sarkar)