Boeing says it will cut about 2,000 white-collar jobs in finance and HR

WASHINGTON – Boeing Co. expects to cut about 2,000 white–collar jobs this 12 months in finance and human sources through a mix of attrition and layoffs, the US airplane maker confirmed Monday.

Final month, the Arlington, Virginia-based firm announced it would rent 10,000 employees in 2023 after hiring 15,000 individuals in 2022, however stated some assist positions could be cut.

The corporate confirmed a Seattle Instances report Monday it expects “about 2,000 reductions this year primarily in finance and HR through a combination of attrition and layoffs.”

Boeing additionally confirmed it is outsourcing about one third of these jobs to Tata Consulting Providers in India.

Boeing shares closed up 0.4% to $206.81 and had been up 0.5% in after hours buying and selling.

Boeing stated Monday it will “continue to simplify our corporate structure.” Final month, Boeing stated it will “lower staffing within some support functions” – a transfer meant to allow it to raised align sources to assist present merchandise and know-how improvement.

Final 12 months, Boeing stated it planned to cut about 150 finance jobs in the US to simplify its company construction and focus extra sources into manufacturing and product improvement. – Reuters

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