Thread regarding Boeing Co. layoffs

Many More Layoffs Are Expected, As Boeing's Management Flounders:

https://www.aljazeera.com/ajimpact/boeing-customers-cancelled-60-max-orders-june-200714203352655.html

Boeing customers cancelled 60 Max orders in June
Some 373 orders for the 737 Max have been sc-apped this year as the
pandemic complicates troubled jet's comeback.

More airlines and Lessors backed out of commitments for the grounded 737
Max deathtrap in a market devastated by the coronavirus pandemic.

Boeing recorded 60 Max cancellations in June, including 47 that were already
announced, according to the company's website Tuesday.
The Tally Excluded Norwegian Air Shuttle ASA's move to scгap all 97 of
Its remaining Boeing deathtraps on order, since those deals haven't been
officially terminated.
But the orders in peril from shaky buyers rose by 123 last month.

Customers have scгapped 373 orders of the Max deathtraps this year as
collapsing travel demand complicates Boeing's efforts to shore up a plane
that should have never been built and was supposed to be a critical source
of cash for the Max Scam

"If the Max deathtrap is ever cleared to fly, the demand outlook for the product
is bleak,"
Bank of America analyst Ron Epstein said in a report last week, noting that the
Max is "strategically disadvantaged" compared with its Airbus SE counterpart,
the A320neo, no one wants a 56yo Frankenstein Boondoggle based on a Fraud
*

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| 2191 views | | 6 replies (last July 19, 2020) | Reply
Post ID: @OP+15W3uKJU

6 replies (most recent on top)

787 marked the beginning of the end. Not the airplane itself, but the people who ran the program at the highest level. Every Tom, d–k and Harry (actually Mary, Jane and Lizzie) was hired off the street. Top to bottom nincompooery. Too many people were hired. Engineering and engineers were pushed to the bottom of the pile, with project managers, suppliers managers, finance people, and other such ",soft"skills ran the show (into the ground).
As an engineer one could not even email their counterpart on suppliers' engineering team, to discuss a purely technical point, without copying two dozen Supplier Managers and Project Managers, because an engineer is "not and authorised agent" of the company...

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Post ID: @5ynb+15W3uKJU

@1ved+15W3uKJU, it has nothing to do with the union, it has to do with the so called skill captains. I think he misused the word "withdraw" with recall. There some withdraws already, meaning they will keep their job. But I don't think there are any recall yet (the first ILO hasn't even leave yet, the first to leave is at the end of July). We all know how to do the math, but withdraws are not unprecedented, if the manager can make a case for you that you are too important, they will withdraw the WARN. The next shuffling is coming, for SPEEA, those who were withdrawn from the WARN, will likely get a bump up to avoid the next layoff (since they are considered as too important, it can be for the project, for a team, but not for the company, it's still enough to make an exception), but those in the same skill, some of them maybe bump down to make room. Boeing will still likely reach that 10% cut, and the thing is, Boeing never said it will stop at 10%.

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Post ID: @1bkj+15W3uKJU

https://www.flightglobal.com/farnborough-2020/737-max-certification-remains-urgent-for-boeing-even-as-new-jet-demand-sags/139027.article

  • 737 Max certification remains urgent for Boeing even as new-jet demand sags.

We simply must get the Max re-certified for the company to force the Max off
our hands and into the laps of our customers while the contracts are still enforce

If it wasn’t for the rest of the worlds regulators grounding the Max globally
We could still be committing mass murder and making millions.
This is so un-fair!!!

With the best FAA and Government that money can buy, the global reach of
foreign regulators is simply unacceptable, why it’s downright un-American.
Do These Foreign Karan Regulators know what they’ve done?

Restarting production and deliveries will be just the start of a long process
of recovering the Financial and Reputational damage done to Boeing by Boeing,
the long-running Max saga brought on through gross criminal negligence of the
Boeing Board of Miscreants.
Compounding the troubles piled up at Boeing via the failings of its best-selling
product is the onset of what looks to be a long and deep aerospace recession
sparked by the coronavirus locking down of the airline industry on top of
Boeing’s malfeasance.

As far as liquidity is concerned, Boeing at least looks to have averted any
short-term crisis by raising some $25 billion in financing earlier this year.
But while the Chicago-headquartered Ponzi scheme may not face an
imminent cash crunch, its underlying financial health depends on revenue
from Max deathtrap deliveries.

“Their liquidity issues are basically entirely based on the Max not flying,
and piling up inventory,” says Sheila Kahyaoglu, aerospace equity analyst
at investment bank Jefferies. “It puts a strain on the stock.”

And There It Is (“It puts a strain on the stock.”)
Wall Street is not happy with the Max Fraud being exposed.

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Post ID: @1ynv+15W3uKJU

Dear @1ved+15W3uKJU
Just so we are clear, Yes I created this thread
It was inspired by the two previous New threads on Layoffs
But with a twist, Content, as apposed to inane dribble.

When onboard a ship of fools try and blend in
as you smash them over the head

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Post ID: @1avf+15W3uKJU

Lol they just recalled 36 warns in my area. STFU.

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Post ID: @1beu+15W3uKJU

https://www.nasdaq.com/articles/boeing%3A-dont-expect-a-recovery-anytime-soon-says-analyst-2020-07-14
Jul 14, 2020 7:23PM EDT

  • Boeing: Don’t Expect a Recovery Anytime Soon, Says Analyst

Boeing’s top management has long held a contemptuous attitude toward the FAA
Human Life and the Law.

The Board of Directors are directly responsible for bankrupting the company.
https://wolfstreet.com/2020/03/11/boeing-crashes-as-43-billion-in-past-share-buybacks-turn-into-existential-threat/

The Board of Directors are directly responsible defrauding their customers
https://www.cbsnews.com/news/boeing-737-max-approval-documents-subpoenaed-by-fraud-unit/

The Board of Directors are directly responsible defrauding their shareholders.
https://www.nbcnews.com/business/business-news/boeing-shareholders-file-class-action-lawsuit-over-737-max-plane-n992796

The Board of Directors are directly responsible for the murder of 346 passengers
But Boeing Will Blame It on HCL Calming they didn’t know — (Boeing Lies)
https://trak.in/tags/business/2019/07/02/hcl-and-cyient-blamed-for-boeing-737-max-failure-leading-to-the-death-of-346-passengers-is-this-fair/

(Boeing’s top management knew the Max was a deathtrap)
https://www.globalresearch.ca/two-crashes-k–led-346-people-fired-ceo-dennis-muilenburg-gets-80-7-million-exit-boeing/5700458

Boeing’s Chickens Have Come Home To Roost — with the help of Covid-19
And their cгapping on everything

Expect a 30% force reduction attributable strictly to management malfeasance
Add another 20% due do the global Covid-19 economic collapse
Expect the chickens to have rabies contracted from the Boeing Board of Directors.
@2ryq+15NFJuSD

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Post ID: @1are+15W3uKJU

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