Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the change-wp-admin-login domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/u168781334/domains/cashmycurrency.com/public_html/wp-includes/functions.php on line 6260
Boeing laid off up to 180 people in India as part of global workforce reduction – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

Boeing laid off up to 180 people in India as part of global workforce reduction

Boeing laid off up to 180 people in India as part of global workforce reduction

In 2024, Boeing announced a global workforce reduction of around 10%. File
| Photo Credit:
Reuters

U.S. aircraft maker Boeing gave pink slips to up to 180 employees at its engineering technology centre in Bengaluru as part of a global workforce reduction exercise, according to a source.

Boeing, which has been facing multiple headwinds globally, has around 7,000 staff in India, which is also a key market for the company.

Last year, Boeing announced a global workforce reduction of around 10%.

The source aware of the development said as part of the global workforce reduction, up to 180 staff at the Boeing India Engineering Technology Centre in Bengaluru were laid off in the December quarter of 2024.

There was no official statement from Boeing.

The source said strategic adjustments were made affecting limited positions while ensuring no adverse impact on customers or government operations.

While some roles have been removed, new positions have also been created, the source said and added that reductions in India have been more measured, with a clear focus on maintaining customer service, safety, and quality standards.

The Boeing India Engineering & Technology Center (BIETC) in Bengaluru and Chennai undertakes complex advanced aerospace work.

The company’s wholly-owned engineering and technology campus in Bengaluru is one of its largest investments outside the U.S. Also, Boeing’s sourcing from India is at around $1.25 billion annually from a network of more than 300 suppliers, as per its website.

Scroll to Top