Two weeks ago, we reported that hiring at Boeing ($BA) appeared to have bottomed out on June 5. On that date, Boeing job openings sunk to a multi-year low of just 366 openings, down from a high of 2,180 in early 2019.
As of this week, however, openings are climbing, last at 684 job listings on July 6.
The uptick in hiring is a sign that the worst for Boeing is behind it, and that it's looking to once again build teams and fulfil orders.
The largest center for new Boeing jobs is at its Bengaluru, India facility (75 openings) followed by St. Louis; Annapolis Junction, MD; and Zhoushan, China with 53 new openings each. Boeing's Renton, WA facility, where the 737 MAX is manufactured, only shows 23 openings as of this week.
|
City |
Title (Count) |
|---|---|
|
Bengaluru |
75 |
|
Saint Louis |
53 |
|
MD - Annapolis Junction |
53 |
|
Zhoushan |
33 |
|
Everett |
28 |
|
Renton |
23 |
|
Seal Beach |
14 |
|
Mesa |
13 |
|
Hazelwood |
12 |
|
Seattle |
12 |
The Bengaluru facility is looking for a large number of engineers and programmers in a potential sign that the company is looking to finally put its software issues behing it.
This doesn't mean that Boeing is out of the woods, especially when it comes to a slowdown in orders in the wake of safety issues and a subsequent grounding of its 737 MAX aircraft. Just today, Saudi Arabian carrier Flyadeal canceled a $6 billion order for the jet, instead ordered new planes from Airbus.
Meanwhile, Boeing's PR woes are set to continue as airlines begin to report troubled earnings that will no doubt point to the grounded 737 MAX as a major reason for lost revenue.
Futher reading:
- Boeing hiring bottoms out for the first time in years
- Job openings at Boeing drop 54% as 737 MAX investigation drags on
- Another troubling sign for Boeing: job openings are down 23% in typically busy season
