As interest rates rise and companies tighten their belts, white-collar workers have taken the brunt of layoffs and job cuts, breaking with the usual pattern leading into a downturn. WSJ explains why many professionals are getting the pink slip first. Illustration: Adele MorganBoeing Co. said it would cut about 2,000 jobs primarily in finance and human resources as it broadly increases its head count this year.
The Arlington, Va., aerospace manufacturer said the cuts were part of an effort to simplify its corporate structure and would occur through layoffs and attrition, while it would outsource some of the jobs.
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But they want to hire 10k. Wtf
Based.
They will be outsourcing at least one-third of those jobs to Tata Consulting Services (TCS) in Bengaluru, India...moving jobs out of the US.
HR departments everywhere have grown too big anyway
That’s okay, they can find one of the millions of minimum wage jobs Joe’s created!
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