Boeing says it should reduce about 2,000 jobs in finance and HR

Published: February 07, 2023

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Boeing expects to chop about 2,000 white-collar jobs this 12 months in finance and human assets by means of a mix of attrition and layoffs, the US planemaker confirmed Monday.

Last month, the Arlington, Virginia-based firm introduced it will rent 10,000 employees in 2023 after hiring 15,000 individuals in 2022, however mentioned some help positions could be reduce.

The firm confirmed a Seattle Times 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’s outsourcing about one-third of these jobs to Tata Consulting Services in India.

The firm’s shares closed up 0.4 per cent to $206.81 and had been up 0.5 per cent in after hours buying and selling.

Boeing mentioned Monday it should “continue to simplify our corporate structure.” Last month, Boeing mentioned it should “lower staffing within some support functions” – a transfer meant to allow it to raised align assets to help present merchandise and expertise improvement.

Last 12 months, it mentioned it deliberate to chop about 150 finance jobs within the United States to simplify its company construction and focus extra assets into manufacturing and product improvement.

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