Boeing expects to lose about 2,000 finance and human resources jobs this year due to a combination of job cuts and layoffs.
U.S. aircraft maker Boeing Co confirmed on Monday that it plans to cut around 2,000 white-collar finance and human resources positions this year through a combination of attrition and layoffs.
Last month, the Arlington, Va.-based company announced it would hire 10,000 workers in 2023 after hiring 15,000 in 2022, but said it would cut some support jobs.
The company 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 also confirmed that it outsources about a third of these jobs to India’s Tata Consulting Services.
Boeing shares closed 0.4% higher at $206.81 and he was up 0.5% in after-hours trading.
Boeing said Monday it will “continue to simplify our corporate structure.” Last month, Boeing said it will “lower staffing within some support functions” a move meant to enable it to better align resources to support current products and technology development.
Last year, Boeing announced plans to cut about 150 finance jobs in the United States in an effort to simplify the company’s structure and focus more resources on manufacturing and product development.