Boeing cuts 150 finance jobs in the US after the flight debacle

Boeing cuts 150 finance jobs in the US after the flight debacle


  • Boeing Co B.A Shared plans to eliminate 150 US finance jobs in 2022 to streamline the company structure and focus more resources on manufacturing and product development.
  • Boeing would cut staff in its information technology and finance departments, Reuters reported citing an email from the company.
  • Boeing earlier this year added 10,000 employees to its workforce and its design and manufacturing departments to respond to market demand.
  • After two 737 MAX crashes in 2018 and 2019, the Federal Aviation Administration (FAA) has pledged to take a closer look at Boeing and delegate less responsibility for aircraft certification to the company.
  • That first crash killed 189 people and the second 157 people.
  • In January 2021, a Sriwijaya Air Boeing 737 departing from the Indonesian capital Jakarta crashed shortly after takeoff with 62 people on board.
  • In March 2022, a 737-800NG aircraft carrying 132 people crashed in China southwestern province of Guangxi.
  • Recently, the Chinese Civil Aviation Administration (CAAC) confirmed a meeting with Boeing regarding the return to service of the 737 MAX.
  • Boeing said its Middle East fleet is likely to grow to 3,400 aircraft over the next two decades to service fast-growing passenger and cargo needs.
  • Price promotion: BA shares traded up 0.08% to $146.06 on the latest premarket check Wednesday.
  • Photo via company


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