Boeing says it will cut about 2,000 white-collar jobs in finance and HR

WASHINGTON,  (Reuters) – Boeing Co BA.N expects to cut about 2,000 white-collar jobs this year in finance and human resources through a combination of attrition and layoffs, the U.S. planemaker confirmed yesterday.

Last month, the Arlington, Virginia-based company announced it would hire 10,000 workers in 2023 after hiring 15,000 people in 2022, but said some support positions would be cut.

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 it is outsourcing about one third of those jobs to Tata Consulting Services TCS.NS in India.

Boeing shares closed up 0.4% to $206.81 and were 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.