financetom
Business
financetom
/
Business
/
Boeing dismantles diversity department, Bloomberg news reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Boeing dismantles diversity department, Bloomberg news reports
Nov 1, 2024 4:25 AM

(Reuters) - Boeing ( BA ) has dismantled its global diversity, equity and inclusion department, Bloomberg news reported on Thursday, citing people familiar with the matter.

The report said the staff from Boeing's ( BA ) DEI office would be combined with another human resources team focused on talent and employee experience.

Sara Liang Bowen, who was a vice president in the department, announced earlier in the day on LinkedIn that she had left the company.

"It has been the privilege of my lifetime to lead Equity, Diversity, and Inclusion at the Boeing ( BA ) company these past 5+ years. Our team strived every day to support the evolving brilliance and creativity of our workforce," she said in the post.

On Tuesday, Boeing ( BA ) launched a stock offering that could raise up to $24.3 billion as the planemaker looks to strengthen its finances, pressured by a more than six-week strike by factory workers. Earlier this month, the company also said that it planned to cut 17,000 jobs, which represent 10% of its global workforce.

(Reporting by Aishwarya Jain in Bengaluru; Editing by Anil D'Silva)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
India trade council joins forces with global body to boost furniture manufacturing
India trade council joins forces with global body to boost furniture manufacturing
Aug 18, 2023
The Trade Promotion Council of India (TPCI) and the World Furniture Confederation (WFC) have signed an MoU to create furniture industrial clusters in India. The agreement was made during the WFC's Annual General Meeting in Dongguan, China, attended by over 500 global business leaders.
ED Director Sanjay Kumar Mishra's tenure ends, Rahul Navin appointed in-charge chief
ED Director Sanjay Kumar Mishra's tenure ends, Rahul Navin appointed in-charge chief
Sep 15, 2023
According to an official order, Navin, a 1993-batch IRS officer, will hold the charge till the appointment of a regular director or until further orders. Navin is currently the ED’s special director.
Bilateral trade conversations at G20 and B20 yield significant benefits, says HDFC Bank’s Abheek Barua
Bilateral trade conversations at G20 and B20 yield significant benefits, says HDFC Bank’s Abheek Barua
Sep 6, 2023
In an exclusive interview with Moneycontrol, Prime Minister Narendra Modi highlighted India's commitment to advancing the interests of the developing world within the G20 framework. CNBC-TV18 spoke to Indranil Pan, chief economist at Yes Bank and Abheek Barua, chief economist at HDFC Bank on what they make of the comments made by PM Modi with respect to India's macro environment.
Global sugar body spots opportunity for Indian exporters in Kazakhstan, Azerbaijan
Global sugar body spots opportunity for Indian exporters in Kazakhstan, Azerbaijan
Sep 21, 2023
Advocating for increased efforts on climate-related issues and improved preparedness within the sugar industry, he emphasised that the sector must be responsive to the challenges posed by El Nino in light of unusual weather patterns such as snow on the tips of volcanoes in Guatemala and extreme heat in London, juxtaposed with cold conditions in Spain.
Copyright 2023-2026 - www.financetom.com All Rights Reserved