Thread regarding Boeing Co. layoffs

https://www.financialexpress.com/industry/boeing-to-double-component-sourcing-from-india/1897397/

Aircraft maker Boeing plans to double sourcing from India from the current
Value of $1 billion a year to $2 billion from over 200 suppliers, according to
Darren Hulst, Vice-President and Global Head of marketing for
Boeing Commercial Airplanes. These suppliers are manufacturing high-end
systems and Components for some of Boeing’s most advanced products as part
of its Global supply chain.

So much for on-shore sourcing!!!

We All Are So Sick of Governments, Corporations and Banks Lying
Time to take matters into our own hands

Bankruptcies Are Looming In The Aerospace and Airline Sectors

https://airinsight.com/insight-friday-march-13-2020-bankruptcies-are-looming-in-aerospace-and-airline-sectors/

The Boeing Company is currently bleeding cash
After decimated its own balance sheet over the last six years
Spending 43 Billion for stock buybacks
The Boeing Board of Misfit Miscreant Monkeys Lavish Life Styles Could Force
Chapter 11, Putting Thousands Out of Work As They Steal Millions More

Boeing Soup Kitchen Set To Re-vitalize The Renton Campus

While the 421 building will house the new isolation wards
The 420 building will be the home for the Soup Kitchen along with
The new Pot Shop in what was the Boeing Merchandise store.
With no cheap Chinese products to sell Boeing is going to Pot.

Boeing Management is given solemn assurances that the Soup Kitchen
Will be safe from infection and food borne illnesses

https://www.barrons.com/articles/boeing-stock-barely-rallied-in-a-blowout-day-for-the-market-thats-strange-51583357501?mod=hp_LATEST

March 4, 2020 4:31 pm ET
Boeing Stock Barely Rallied in a Blowout Day for the Market.
That’s Strange.
LOL: Not Really
Southwest Airlines has removed the plane from its schedule through Aug. 10

Did Uncle Sam use Biological Warfare to take back the top spot
@bzbe+13jxu2yr

It would seem the powers that be dislike the naming for Species of Monkey’s

• TED Talks Mastering the minefield:

Dealing with Bullies Bozos and Buffoons
Jeanne Sullivan speaking at Barnard College

https://www.youtube.com/watch?v=QsO2zqJIjQM

For more than 20 years Jeanne Sullivan has navigated the investment world
as a venture capitalist, Fielding Bullies, Bozos, and Buffoons all the way to
the top. In this TEDx talk she shares her secrets for how and when to stand up,
Step up, and Speak up. Sullivan recounts the trials and tribulations of >

How many more lives will be destroyed by the Boeing Culture aside from their
Corporate Homicide
https://www.youtube.com/watch?v=_T5xhHzZjPQ
https://www.youtube.com/watch?v=a5P8CkVckmA
@wse+130PAxl2
Boeing Will not need to Layoff, they will chase-off whoever they like.
There was another post related to this subject, the Talk was given by a
Different speaker I could not find that post to Link to
Enjoy the Talk; hope it helps.
@2wmq+13jxu2yr

https://www.zerohedge.com/markets/southwest-extends-737-max-flight-cancellations-through-early-august

Despite optimism over FAA comments about return to service,
which sent the stock up to the highest level since early December,
the narrative of mid-year flight is now starting to crack.

Randy Tinseth, vice president of commercial marketing at Boeing,
painted a wonderful story for Bloomberg earlier this week about how
the troubled 737 Max would return to service by mid-year.

Tinseth is paid by Boeing to tell happy stories, not sad ones.
His mid-year narrative of a return to service was a ploy by the company
to keep investors from dumping shares.

However, the narrative is now coming apart at the seams! That’s because,
on Thursday morning, Southwest Airlines extended cancellations of Max flights
from June to now early August, reported Reuters.

Southwest, the largest operator of Max jets, said all flights with the aircraft
were slated to return by June 6, have now been pushed back to August 10.

The delay will remove 371 weekday flights from its peak-day schedule of
more than 4,000 daily flight – during the carrier's summer travel season,
could affect profitability and lead to earnings revisions on the year.

Boeing CFO Greg Smith, on Wednesday, said the company would abandon
forward guidance as long as the planes remained grounded and production
halted.

Smith said when production of the planes restarts (still no clear timetable)
it would take two years to get the volume back to the pre-grounding level
of 57 planes per month.

And to make matters worse, the grounding of the planes and image
deterioration of the company led to zero new orders for jets in January.

@2wmq+13jxu2yr
https://uk.reuters.com/article/uk-boeing-737max-nma/boeings-new-ceo-orders-rethink-on-key-jetliner-project-idUKKBN1ZL31J
@OP+11rruGBQ

• (Opinion)

China has already taken over as the world’s largest manufacturing base
USA is in second place. If Boeing fails the USA fails (The Empire Dies)
The Boeing Board of Misfit Miscreant Monkeys Must Go

This place isn’t dying due to “layoffs”
It’s the fact that it’s turning more and more into a sh– hole.
Managers and even TEMP managers have audacity to throw threats left and right if you’re not “engaged”
Morale and culture is well below 6 feet and going

Hmmm so do I remain at Renton, get paid for the easy money? Or do I get a head start & take my years of aerospace work experience to find stability with another job? Hmmmm decisions decisions... I think I’m going to take the grandfathered in Boeing mentality approach. Milk Boeing until I really get laid off. Than I’ll compete with the many other thousands of other too laid off Boeing employees in search of a new job. Worst comes to worst, I’ll just sit on my lazy a– collect unemployment. Start selling off my toys to get by until Boeing calls me back. Yeah sounds like a plan!

The culture will change at Boeing. Not in a good way but it will change. If the company wants to treat it's employees the way it does it will not last. The current management are useless beings who ride on the coat tails of the people who built the company up. I will milk them for every last drop.

@zzy+13hRV7g6
Boeing discloses SEC probe; toxic culture raises flags
https://www.complianceweek.com/regulatory-enforcement/boeing-discloses-sec-probe-toxic-culture-raises-flags/28390.article
Mon, Feb 3, 2020 9:11 AM

In a Jan. 31 Form 10-K, Boeing disclosed “multiple legal actions” have been filed
against it as a result of the Oct. 29, 2018, accident of Lion Air Flight 610 and
The March 10, 2019, accident of Ethiopian Airlines Flight 302.
The company notes the DOJ and SEC are among regulators probing the accidents.

Other employees painted a picture of Boeing’s toxic culture.
For example, one employee said, “‘I don’t know how to fix these things.
It’s systemic. It’s culture.
It’s the fact we have a senior leadership team that understand
Very Little About the Business and yet are Driving Us to Certain Objectives.”’
https://www.youtube.com/watch?v=_T5xhHzZjPQ
https://www.youtube.com/watch?v=a5P8CkVckmA
@2mjv+11CjeUhV
@1dyj+138pWUB7

"Not one person has been laid off"

Let's address that with the first of many lies that have been told. Dave said "we are going to keep spending on new products"
Then he sends the NMA "back to the drawing board"

With that, the NMA has let go almost ALL of their contractors. While these don't count as "layoffs" since they are contractors, but they no longer work at Boeing none the less. Call it what you want, they have reduced headcount.

Others on the NMA have seen the writting on the wall, many direct employees have put in their notices as well.

To a lesser extent, people on other programs and other sites are following their lead. By the time this is over, they won't need a layoff, as probably 10-20% will leave on their own. Saves them severance pay.

If you are too blind to see, Boeing management are making things miserable (in Renton) especially jumping down hour throats about useless projects. They hope you will get frustrated enough to leave on your own.

Look around, our competitors are holding job fairs in all of our sites around the country. Trying to capitalize on the frustration. If you see one pop up, I urge you to go, take another job somewhere else.

Good Luck

You all been effected by the max virus.

You all are so dramatic. Renton is dying? Seriously? Boeing hasn't laid off a single employee.

The Retirement Community for Boeing’s top executives of 2019
https://www.youtube.com/watch?v=4K7S8gJaaoo
@zzy+13hRV7g6

Official Theme Song for the Boeing Board of Misfit Miscreants, at the link
Below
@1ocd+12goMzAw

I Like it @1eyi

Boeing needs to be honest.___LOL___ @OP+13jpeZLj
I need to start hitting the lottery every time I play
And People in Hell want Ice water
https://www.youtube.com/watch?v=5W5d-ibbbvU

Our Boeing life now
https://www.youtube.com/watch?v=gjKQKnCUYkE

Just watch the superbowl, eat lots of food, have a few drinks and don't think about this stuff.

I_I_I, just need to understand this Narrow Body / Wide Body thing
It is a thing right?

All we really need to know is this - @OP+13gII9cz
And, at the current losses we need to sell 4000 Max units to break even

@fym
We All know that is the Boeing way preach one thing and act another
Lip Service without the happy ending.

@xlj
Yes sir / no sir as long as there paying me
Well ain’t no time to wonder why whoopee were all

https://www.moonofalabama.org/images9/boeingcartoon.jpg
@OP+1398XxTh
https://listverse.com/2018/03/02/10-infuriating-cases-of-affluenza/

More of the same, Dave is another insider, its like Dennis never left

Management down your throat? But I though Dave said that that type of culture was just in "pockets" of the company? This is not representative of the Boeing company.

Maybe before making statements like that, he should ask around.

Renton closing for good @OP+12DVnm2m
Seattle Times says Renton shutdown likely @OP+12xMgF0e
The Most Sobering Question Is @OP+11MPoEcs
The Good Spin @afv+11ED9pML
The Renton Site Is Crashing @OP+11rruGBQ
@2exq+12zRpBk9 / @zzy+13hRV7g6
Earnings call on 29 January @OP+13gII9cz

With 11 month of threads being created and all of their associated replies
We can now give a full dissertation just by using links.
How Cool Is That?

Useless projects thought up by useless good old boy management to save their jobs.