© Reuters. Boeing (BA) confirms it will cut 2,000 admin jobs, outsource some to India
By Senad Karaahmetovic
Boeing Co (NYSE:) confirmed media reports that it is set to cut around 2,000 admin jobs this year. The restructuring will take place in the finance and human resources divisions through a combination of attrition and layoffs.
Seattle Times first reported on the job cuts. Boeing said it plans to outsource about a third of these jobs to contractors in India as it continues to “simplify our corporate structure.”
The news comes after Boeing said in January that it is looking to “lower staffing within some support functions.” The company also said it plans to hire 10,000 workers this year after adding about 15,000 jobs in 2022.
Boeing stock is up 1.3% in premarket Tuesday after closing at $206.81 yesterday.
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