After many companies engaged in mass layoffs, next to make headlines are Boeing layoffs. As per latest updates, Boeing Co layoffs are expected to impact around 2,000 white-collar jobs in the recent round of job cuts.
According to a Reuters report, Boeing is expected to cut these 2,000 jobs in finance and human resources (HR) departments through a combination of attrition and layoffs. However, even though about 2,000 employees are expected to get the pink slips, some new are expected to be on boarded.
On this, the report adds that Boeing confirmed that it is outsourcing about one-third of these jobs to Tata Consultancy Services (TCS) in India. Adding that Boeing would continue to simplify its corporate structure, the company said that it will “lower staffing within some support functions.”
Last year, Boeing layoffs were reportedly expected to impact about 150 people in the finance department. The Reuters report adds that when the company made this announcement, it said that these layoffs would happen in the United States in order to simplify its corporate structure and focus more resources towards manufacturing and product development.
It must be noted that Boeing layoffs have reportedly been confirmed by the company and add to the list of companies engaging in mass layoffs. In the light of a global economic slowdown, many companies have cut jobs in an effort to reduce costs and make ends meet.