Layoffs not in Boeing’s plans; will hire thousands this year

Boeing said it is aiming to add thousands of workers this year, Fox News Business reported.
The airplane maker said it “intends to hire about 10,000 employees with a focus within our business units and in engineering and manufacturing as we look to further stabilize our operations, increase production and invest in innovation” in 2023, a Boeing spokesperson told FOX Business.
Boeing’s workforce totaled over 156,000 at the end of 2022, employment data available on the company’s website showed. That marked a roughly 15,000 increase that, according to the Boeing spokesperson, was “driven by significant hiring in engineering and manufacturing.”
“While we plan to grow the total workforce in 2023, we will continue to simplify our corporate structure and expect lower staffing within some support functions so that we can best align our resources in direct support of our products, services and technology development efforts,” Boeing also told FOX Business.
The news of Boeing’s recruiting efforts comes just days after the company released its financial results for the fourth quarter.
Boeing said its fourth-quarter revenue was $19.98 billion, up roughly 35% from when it reported $14.79 billion in the same period in 2021. Its net loss narrowed to $663 million.
Meanwhile, Boeing said its deliveries of commercial airplanes for the quarter came in at 152.
“Demand across our portfolio is strong, and we remain focused on driving stability in our operations and within the supply chain to meet our commitments in 2023 and beyond,” CEO Dave Calhoun said in the company’s earnings release.
Airbus, a main competitor, on Thursday expressed its own intentions of expanding its workforce this year by 13,000, according to The Seattle Times.