10:18 AM EDT, 11/01/2024 (MT Newswires) -- Boeing ( BA ) dismantled its diversity, equity, and inclusion department as part of a workforce revamp under new Chief Executive Officer Kelly Ortberg, Bloomberg reported late on Thursday, citing people familiar with the matter.

The DEI team will merge with another human resource group focused on talent and employee experience, while Sara Liang Bowen, who led Boeing's ( BA ) DEI office, left the company Thursday, the report said.

Boeing ( BA ) didn't immediately respond to a request for comment from MT Newswires.

Shares of Boeing ( BA ) rose 2.2% in recent trading Friday.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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