You literally could not get a more clear sign of what's ahead for the entire airline industry. Buffet didn't even sell everything in 2008-09, and even now he won't say he expects a turnaround anytime soon. RIP Airline... — read more
The Stereotypical Boeing Employee
I didn't really believe in this until I started working at Boeing. One day, as I was driving around the plant with my trainer in a cart he looked over at me and said" I know what you're thinking, that these people actually build airplanes". I wasn't... — read more
Boeing Management
Boeing is heavy in management, do you Guys feel under Calhoun leadership will see management cut this round.
Tuition Reimbursement Program safeguard?
Currently enrolled in the Learning Together Program. According to Boeing policy, you don’t have to reimburse Boeing if you are laid off which got me thinking...is it less likely that I will lose my job? Boeing already invested over $40K in me. Or am... — read more
SPEEA full R3 layoff
Might wanna start looking for a new job now before everybody leaves
mud
its what is not being said from this companey that bothers me and common sense says it all boeing employees treated like cattle don't think keep your blinders on and walk and stand in the lines on the floor which covers a dirt road, lines? gonna be a... — read more
Question regarding job bump back rights.
I have questions regarding job bump back rights during layoff. Can someone with higher seniority bump someone off from a job code they never previously held? If a person went from hourly to salary are they eligible to bump back to hourly job?
Boeing dumped from NASA lunar lander contract!
Serves you right haha. You cant even make your Starliner fly, or should i say, float. https://rt.com/usa/487471-nasa-contracts-moon-bezos-spacex-boeing/
Deep
The job cuts will be deepest — more than 15% — in the large division that makes airline jets, which has assembly plants in the Seattle area and South Carolina. Deliveries of those planes have plummeted by two-thirds in 2020, compared with a year... — read more
Confirmed: NO Bailout
I just read the article in The Seattle Times, and it was 98% about propping up the stock and maintaining liquidity etc. Basically zero about employees, except that they'll be letting a bunch of us go. "Thoughts and prayers, team members". This is... — read more
IAM 751 Job Included in VLO
District Lodge 751 Voluntary Layoff (VLO) April 30th, 2020 Job codes that are included in the current VLO: 00205 16707 72407 97110 01806 18104 74808 97111 03907 18308 77308 98208 10507 20106 81208 99206 11407 30106 82003 99308 .. — read more
Involentery Layoff Boeing
does anyone know how Boeing decides who to keep on their payroll? do they keep the experience people in line and layoff the younger ones or vice versa? Im in Space and Launch and worked for almost 2 and half years.
Boeing To Cut 16,000 Jobs In The First Round of Layoffs
https://abc7news.com/business/boeing-to-cut-16000-jobs-after-massive-profit-loss/6137447/ After Revenue Slides and Profit Evaporates Due To Years of Management Malfeasance, The Max Debacle and now COVID-19 Along With Failures In Mutable... — read more
The New Normal
Now that it appears that Boeing will NOT take the bailout, it's going to get interesting very fast. Supposedly, 70,000 VLO offers were sent out corporate-wide, meaning that they're deciding now on just how far they will cut, which will be deep. Look... — read more
Job codes for VLO?
I’ve seen references to a list of job codes that were offered a VLO. Does anyone know if that info is available to employees somewhere? I’m in SPEEA, if that helps
“This is worse than 9-11,” said industry analyst Scott Hamilton.
Data pix. SEATTLE – Boeing executives said during a conference call that white-collar jobs will represent a higher percentage of those laid off but, they added plants in South Carolina and Puget Sound will bear the brunt. “You work with... — read more
Boeing is NOT taking the government bailout
Boeing's pride and arrogance gets in the way again. They will sell bonds at almost junk status. https://www.bloomberg.com/news/articles/2020-04-30/boeing-kicks-off-mega-bond-sale-to-shore-up-funding-in-crisis
BDS layoffs Impact
BDS employee here. Anyone know how significant the layoffs will be in BDS? All BDS contractors are being let go in the next few weeks and unfortunately, are margins in Q1 were lower than Q4 2020
We all know what this means...
Vish sent email ITDA Managers asked to evaluate team size with respect to workload.
Where do you see Boeing in 2 years?
Just curious.
White Collar Workers to be Affected at a Higher Percentage
https://q13fox.com/2020/04/29/employees-react-to-boeings-layoff-announcement/
What about New Hires?
What happens to engineers that have less than a year of seniority? Is there anything in the contract that protects new hires with less than a year in? I am being serious, not a wise a–.
How deep will the cuts go
Seniority wise, who will get cut? 10 years in? 5 years or less?
What are you all keep crying about? 10% temp ILO ain't that bad
unless you're new with less than 2 years seniority you shouldn't worry about layoffs. even the announced 10% will be temporary one.
Seattle Times Editorial
To paraphrase the piece, the Editorial Board lamented GE-style management tactics that were geared almost exclusively to the shareholder and advocated for returning HQ to Seattle. The real interesting part to me was the suggestion that Boeing return... — read more
Notices coming out 5/27 -5/29, last day on 7/31
Boeing conveniently buried this information in a Boeing News Now article, but starting May 1, managers will be assessments and notices will go out May 27 to May 29, with the notice date being June 1. Last day on payroll will be July 31st.
Boeing Wants a Bailout After Years of Bad Corporate Governance
And Without Giving Taxpayers Anything in Return https://www.esquire.com/news-politics/a32314911/boeing-60-billion-bailout-coronavirus-737-max-equity-stake/ It's a familiar story in the America Brought to you by Ronald... — read more
If you were offered a VLO and don't take it, you'll be getting an ILO down the road
Consider the VLO your unofficial notice. It's Boeing's way of letting you know your time is coming up.
Why is Lord Calhoun copying from Lord Culp again?
10% is not enough, should be 30% to maximize savings. Better still, hire robots that dont need pension. I think LC must be agreeing with me
LAYOFFS OFFICIAL! JUST ANNOUNCED TODAY!
"Boeing will cut 16,000 jobs after posting massive loss...The cuts will be deepest in Boeing's commercial airplane unit – about 15% of jobs." https://www.cnn.com/2020/04/29/business/boeing-loss-staff-cuts/index.html
Will this protect employees from non-VLO layoffs or not, though?
Boeing Co is working with investment banks on a multibillion-dollar bond-fueled financing package, aiming to shore up its balance sheet amid a sharp travel downturn from the pandemic, three people familiar with the matter said on... — read more
BOEING
DOW is DOWN today. S&P is DOWN today. BOEING is in the midst of VLO, with ILO on the horizon, and their STOCK is UP!!! In this new era of leadership and transparency, I am certain all impacted Boeing employees can’t wait to wake up tomorrow read... — read more
Lock them up!!!!!!!!!!!!
https://www.wsj.com/articles/prosecutors-regulators-probe-boeing-737-max-production-issues-11588085503
Boeing Rebuked By Investors In Vote To Split CEO, Chairman Roles
https://www.chicagobusiness.com/airlines-airports/boeing-rebuked-investors-vote-split-ceo-chairman-roles While The Votes Aren’t Binding They sent a clear message to the board, That large institutional shareholders Want More... — read more
Just announce ILO's and get it over with
Why even offer VLO's when nobody is going to take them? Just announce the 50% cut and let us move on with out lives.
"Boeing Tells Union It May Have to Cut Workforce by Up to 35%"- Seattle Times
Just a start. https://www.seattletimes.com/business/boeing-aerospace/boeing-ceo-air-travel-wont-return-to-2019-level-for-two-to-three-years/
Now this mess too...
https://www.barrons.com/articles/boeing-abandons-deal-drawing-protest-from-embraer-51587914799
VLO 12:01 am
Good luck all