Thread regarding Boeing Co. layoffs

When you read the news and see the market needs of airplanes in a recession, regardless of what cause the downturn like this will or could be 3-5 years comeback so layoffs could go 30% or more. Boeing is cash strapped with survival mode in the eyes because in this market is key to make the next best airplane at the right time without going twice to specially 5x plus over projected cost for R&D to flight which Boeing has then try to make a profit before they retire that plane series, because that's what is k–ling them. Boeing wasted millions to billions since they acquired Mc Douglas to 787 battery burnout, Military 4 year tanker spill over, to 737 engineered death trap. Now Fire the bean counters , 10-1 worker to micro managers the overloaded 2nd levels and sloppy greedy stock holders that are such a burden of waste . Don't give or let any proprietary leak to China everybody knows why.

Calhoun>>>I am working from home to help the spread of covid-19.We are all in this together. BS, BS, BS!!! YOU ARE AT HOME HIDING FROM THE COVID-19!!! IF WE COME TO WORK, YOU ALL SHOULD BE THERE!!!

where are you South Carolina?

VLO will be offered from P3 up. Management will lose jobs via restructures and might not be eligible (maybe they have something better). I was told I’d get VLO notice tomorrow, several weeks ago. I don’t work in Seattle though and well obviously there are big problems there.

I agree. Tomorrow's meeting is more about protecting Calhoun and the BOD than any of us...the expendables. A few weeks ago, Calhoun basically admitted in an interview that he was overwhelmed, and many of the steps he's taken so far would seem to reflect that fact. Maybe he isn't up for the job, OR maybe tomorrow he decisively cuts our throats and then says BS like "Boeing Cares", and "We Have The Workers In Our Thoughts and Prayers" etc. Shareholders love that kind of stuff.

Someone else said 10 years, and that might be about right. One has to figure anyone over 55, topped-out, or otherwise "expensive", will be on the block. Unfortunately, that includes a lot of skill and experience. And, as a recently retired friend in Renton said "These new people don't understand doing it right the first time, they can't match part numbers, and they don't know how to do rework". Anyone who worked on one of the teenagers in Everett knows how expensive it is when you have to go back in and re-do it...correctly.

Anyway, tomorrow should be very interesting. I'm also wondering if they make an announcement about accepting bailout money since they k–led the Embrarer deal.

Well put Boeing Boy". This exact same process took place with the last company I was with. They will keep tight lipped until the end. We all should know prior to the earnings call. My guess is tomorrow.

If you don’t have ten years in the puget sound, good luck

Boeing BCA has so many rat holes to deal with’ who the hell knows’ this company has been engaged in total deceit for the 15 years I’ve been with the company’ watched the union bow and fake vote counting’ these are crimes that should have been Investigated’ 737 people should be in jail, but no!

Yes I’ve always known around lay off time Boeing is very tight lipped. The VLO offers will be here tomorrow but I’m guessing from all the bad news and other talk of lay offs there may be involuntary ones for those under a year of seniority. I think they have decided sooner the better. Good luck everyone. Ps if a higher up or union official has info let’s hear from you it’s anonymous

Very well said. In a nutshell, Calhoun's # 1 priority is protecting the BOD & execs; he will do whatever it takes to keep them fat & rich. Layoffs are coming, no doubt, he'll just do whatever it takes to keep the stock price artificially as high as possible.