There Will Be a Reduction of Almost 150 Finance Jobs in the United States at Boeing Co

Boeing Co

On Tuesday, the aircraft manufacturer Boeing Co (NYSE: BA) announced that it intends to remove approximately 150 finance employees in the United States to simplify its organizational structure and direct more resources into manufacturing and product development.

According to a statement that Boeing (NYSE: BA) sent Reuters via email, the corporation plans to reduce the number of employees working in its information technology and finance departments.

Boeing Co Problems in the Past

Boeing Co, a company that has had problems in the past with engineering and production, has stated that it boosted its staff by approximately 10,000 employees earlier this year and has stepped up hiring in its engineering and manufacturing departments to meet the market demand.

The Federal Aviation Administration (FAA) has promised to monitor Boeing more closely and outsource fewer 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 approved the arrival of the first Boeing 787 Dreamliner in December last year. continue reading

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


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About the author: Valerie Ablang is a freelance writer with a background in scientific research and an interest in stock market analysis. She previously worked as an article writer for various industrial niches. Aside from being a writer, she is also a professional chemist, wife, and mother to her son. She loves to spend her free time watching movies and learning creative design.