Boeing Co plans to make staffing cuts in the aerospace company’s finance and human resources (HR) departments this year, with about 2,000 jobs being lost, the firm said.
“We expect about 2,000 reductions primarily in Finance and HR through a combination of attrition and layoffs,” Boeing wrote in a statement on Monday. “While no one has been notified of job loss, we will continue to share information transparently to allow people to plan.”
The company, which recently relocated its headquarters to Arlington, Virginia, said it expects to “significantly grow” the overall workforce during the year.
Photo: Reuters
“We grew Boeing’s workforce by 15,000 last year and plan to hire another 10,000 employees this year with a focus on engineering and manufacturing,” it said.
Boeing’s total workforce was 156,000 employees as of Dec. 31 last year, the company said.
The Seattle Times reported that Boeing plans to outsource about one-third of the eliminated positions to Tata Consulting Services Ltd in Bengaluru, India.
Mike Friedman, a senior director of communications, told the Times that the other positions would be eliminated as the company makes reductions in finance and human resources support services.
“Over time, some of our corporate functions have grown quite large. And with that growth tends to come bureaucracy or disparate systems that are inefficient,” Friedman said. “So we’re streamlining.”
About 1,500 of the company’s approximately 5,800 finance positions would be cut, with up to 400 more job cuts in human resources, the Times reported.
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