Boeing unveiled plans to pare back production in line with demand, which would reduce its monthly output of 787 Dreamliners from 14 to 7 in the next two years, and 777 twin-jets from 5 to 3 per month in the next year. For its 737 Max, formerly Boeing’s best-selling airplane, it’s targeting a “gradual increase to 31 per month” following the restart of production, which is reportedly slated for mid-2020. Boeing also said it would eliminate 10% of its jobs, roughly 16,000 positions, through buyouts, attrition, voluntary layoffs, and involuntary layoffs.Connie Lin (Fast Company)