Thread regarding Boeing Co. layoffs

Boeing soon to have a PR problem

With the stock shooting up almost overnight and making stockholders millions, Boeing is about to face another PR problem.

Laying off amidst a stock rally of almost 100% gain.

It's going to look bad. Now, I have no doubt they will follow through. They will get rid of 16k+ people, but it's not going to play well in the press.

Changing course due to it being a bad look would require Boeing leadership to have some sort of self awareness. As will all corporate leadership (and politicians) they become disconnected from the rank and file (no matter how many fireside chats they do from their home office).

One can hope they will see the light, but it has not happened yet.

by Anonymous
| 1421 views | | 8 replies (last June 10, 2020) | Reply
Post ID: @OP+15ma365H
Comment! It's anonymous!

8 replies (most recent on top)

Lol 'bad pr', could it have been any worse already?

by Anonymous
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Post ID: @2nix+15ma365H

Yep, I mentioned this earlier about a correlation between layoffs and stock price going up for the "economy for dummies" audience. Even a 5th Grader can see that "pattern".

by Anonymous
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Post ID: @2ayf+15ma365H

Yet another dense person who doesn’t understand how economics work. Part of the reason the stock went up is BECAUSE the company reduced labor force.

by Anonymous
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Post ID: @2hog+15ma365H

It’s not an almost 100% gain. It’s more. I caught the bottom at just under $100 and cashed out yesterday. Not bad for 3 months. Was just cashing in on ignorance. 737 MAX looks like a dumpster fire and there’s no way I’m investing in that long term.

by Anonymous
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Post ID: @1cox+15ma365H

In the words of the Almighty Joe Budden, “PUMP PUMP IT UP, PUMP PUMP PUMP IT UP”

by Anonymous
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Post ID: @1nck+15ma365H

Are you in fantasy land? I would hate to see your dot to dot pictures. Layoffs are because no plane orders has nothing to do with stock price. They reduced workers based on no orders. When market turns around Boeing will need workers and they will not look at stock price to determine worker count. Boeing is a company in a free market society the USA

by Anonymous
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Post ID: @tgp+15ma365H

Sorry to disabuse you of the notion, but just like the Honey Badger, executives don't care. They're more than happy to see the stock price run back up again, then they will dump right before the market takes another plunge in the fall.

Calhoun is probably getting paid partially in options so he could care less.

by RoryIsALiar
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Post ID: @lkv+15ma365H

Dave’s doing a fine job!!

by Anonymous
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Post ID: @mnz+15ma365H

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