US aircraft manufacturer Boeing has planned to cut the number of employees globally. Under this, the company has shown the way out to 180 employees of its engineering technology center in Bangalore. According to the information, Boeing, facing many challenges globally, has around 7,000 employees in India. India is a major market for the company.
Last year, Boeing announced a trimming of about 10 percent of the employees globally. The source, who is aware of the case, said that as part of the number of employees globally, Boeing has shown 180 employees of his Boeing India Engineering Technology Center in Bengaluru in the December quarter of 2024. There has been no official statement from Boeing about this.
The source said that it is the effort of the company that this retrenchment did not affect the operations with its customers and the government. In view of this, the company has made a strategic adjustment, affecting limited number of posts. The Boeing India Engineering and Technology Center (BIETC) in Bengaluru and Chennai performs complex modern aeronautical functioning.
The engineering and technology campus of Bengaluru is one of the company's biggest investment outside the US. According to the information available on the company's website, Boeing in India purchases about $ 1.25 billion annually from more than 300 suppliers.
Boeing is one of the world's largest aerospace and defense technology companies. Boeing is the largest exporter of America whose business is spread over 150 countries in the world. India is a big market for this company. Its sales in 2021 were $ 62.3 billion, and the Fortune was ranked 54th in the 500 list. In recent years, problems such as 737 Max accidents (2018-2019) and delay in production have affected its business and reputation.
