Thread regarding Gulfstream Aerospace layoffs

Cash Cow

Gulfstream has been a cash cow for GD for many years. Seems they would be nuts to sell it, but they’ve never taken a hard look at the people running Gulfstream either, so who knows. They’ve largely stayed out of Gulfstream’s affairs since Gulfstream has been steadily contributing to GD’s profits. Due to the lack of competition and huge margins, it would be hard not to make a profit. This downturn seems temporary. I doubt they’ll sell it, but if they do I hope they find a buyer that really cares about the aircraft we’re producing and the people that make them. The work force has been demoralized for years from poor good-ole-boy management. People aren’t giving their best ideas to improve processes and designs, they’re planning vacations and and doing the bare minimum.

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| 921 views | | 1 reply (May 7, 2020) | Reply
Post ID: @OP+14PhkHEZ

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Gawg it's going to be ruff with a reduced workforce. They must be planning to delay programs.

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