Friday, March 31, 2023
HomeAll Ch00 Ch00 NewsBoeing To Cut 2,000 Jobs
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n Monday, Boeing Co officially confirmed the planemaker plans to cut approximately 2,000 white collar jobs in its finance and human resources divisions using a combination of layoffs and regular attrition.

Boeing had stated last month it planned to cut some support positions, however it noted that it would also hire about 10,000 workers in 2023, following its hiring of 15,000 workers in 2022.

The company was confirming a Seattle Times report on Monday, which said the Arlington, Virginia-based company was expecting, “about 2,000 reductions this year primarily in finance and HR through a combination of attrition and layoffs.”

Boeing also revealed that it planned to outsource about a third of the jobs it was cutting to Indian consulting firm Tata Consulting Services.

In after-hours trading, Boeing was up 0.5% after closing up 0.4% to $206.81.

 

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