https://www.king5.com/mobile/article/tech/science/aerospace/boeing/boeing-job-cuts-third-quarter-report/281-ec827ab0-8c64-4d56-ba15-896d9b72d448?fbclid=IwAR2Sx_GQpatVui_N0Ow-J98PHAyLtLHmgLqpFSRUvvmA3d1xKJ6vjTZsjfg
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Build ahead for suppliers next couple months then 25 % more layoffs. Turn and Burn people.
Boeing has been whipsawed by a drop in revenue after its 737 MAX
was grounded in March 2019 following two deadly crashes, and then a
pandemic that has caused air travel to plunge and left airlines with more
planes than they need.
It has been a bruising stretch for what was one of America’s preeminent
manufacturers.
Thursday marks the second anniversary of the first MAX crash, Lion Air
flight 610, which plunged into the Java Sea just off the coast of Indonesia
k–ling all 189 aboard. The pandemic has intensified the pain for what was
already a shabbily managed company.
Some analysts think that Boeing’s scaled-back forecast is way too rosy,
As cancellations snowball, leaving it with too many workers.
The Max boondoggle.
Boeing has spent about two years overhauling flight-control software and
computers for the MCAS gimmick, an Airbus wannabe system on the cheap,
that caused the planes automated anti-stall system to push the nose down,
flying the planes into the ground in Indonesia and Ethiopia taking the lives
of 346 people.
60k more to be laid off