Boeing to slash nearly 150 finance jobs in U.S.

The Boeing emblem is seen on the facet of a Boeing 737 MAX on the Farnborough Worldwide Airshow, in Farnborough, Britain, July 20, 2022. REUTERS/Peter Cziborra/File Photograph

Sept 20 (Reuters) – Planemaker Boeing Co (BA.N) mentioned on Tuesday it plans to chop about 150 finance jobs in the US this yr to simplify its company construction and focus extra sources into manufacturing and product growth.

The corporate will scale back staffing in its data expertise and finance departments, Boeing mentioned in an emailed assertion to Reuters.

Boeing, which has handled engineering and manufacturing points prior to now, mentioned it elevated its workforce by about 10,000 workers earlier this yr and ramped up hiring in its engineering and manufacturing departments to reply to the market demand.

Within the aftermath of two 737 MAX crashes in 2018 and 2019, the Federal Aviation Administration (FAA) pledged to scrutinize Boeing extra intently and delegate fewer duties to the corporate for plane certification.

Final month, the U.S. authorities accepted the primary Boeing 787 Dreamliner for supply since 2021. learn extra

Boeing halted deliveries in Might 2021 after the FAA raised issues about its proposed inspection methodology. In September 2020, the FAA mentioned it was investigating manufacturing flaws in some 787 jetliners.

Reporting by Shivani Tanna in Bengaluru; Modifying by Sherry Jacob-Phillips

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