Boeing sacks 150 finance employees in US

The aircraft manufacturer Boeing Co (BA.N) announced on Tuesday that it intends to remove approximately 150 finance employees in the United States this year in order to simplify its organisational structure and direct more resources into manufacturing and product development.

According to a statement that Boeing sent out to the media through email, the corporation plans to reduce employment levels in its information technology and finance departments.
Boeing, a company that has had problems in the past with engineering and production, has stated that it has boosted its staff by approximately 10,000 employees earlier this year and has stepped up hiring in its engineering and manufacturing departments in order to meet the demand of the market.

The Federal Aviation Administration (FAA) has promised to monitor Boeing more closely and outsource less duties for aircraft certification to the firm in the wake of two 737 MAX crashes in 2018 and 2019. These crashes occurred in 2018 and 2019.

The United States government gave its clearance to the arrival of the first Boeing 787 Dreamliner in December of last year.

Because of the FAA’s reservations with Boeing’s proposed inspection technique, the company decided to cease deliveries in May of 2021. The Federal Aviation Administration (FAA) said in September 2020 that it was looking into possible manufacturing defects in some Boeing 787 jetliners.

Latest articles

Australia: 1 woman dies every 10 days by current/former partner

On the International day for Elimination of Violence as against Women (IDEVAW), various ministers from Australia raised their voices against the ongoing violence against...

Australia, Sri Lanka to build policy frameworks in KLIE program

The Knowledge and Linkages for an Inclusive Economy (KLIE) Grant Program will help in collaborating organizations of Australia and Sri Lanka and will help...

Canada saw 264% hike in abortion-related calls after Government improved facilities

After the Canadian Government increased the funding to improve abortion-related facilities in the country, Action Canada saw a whooping hike of 264% in calls...

US committed in Israel’s security: Dr Colin Kahl

Dr. Colin Kahl, the Under Secretary of United States Defense for Policy, met with Benjamin "Benny" Gantz, the Israeli Defense Minister, recently to reaffirm...

Related articles