Boeing begins layoffs, to slash 2,000 jobs in finance and HR Vverticals; outsourcing employees at TCS hit hard

Aviation giant Boeing is slashing 2,000 jobs in finance and HR verticals this year and the company outsources about a third of those jobs to Tata Consulting Services (TCS) in Bengaluru, the media reported. The rest of the jobs will "disappear" as Boeing reduces its finance and HR support services, reports Seattle Times, citing Mike Friedman, a senior director of communications at Boeing.