Just look at all of the inane threads these
Mouth breathing nose picking bugger eating Plummer cracked moгons
have created
Let them all go, or Boeing should open a carwash unit and transfer them all.
They should all be working at an automated carwash.
18 replies (most recent on top)
Let me help you out.
- The next time you get decent information here will be the first.
- I get it, you are a mouthbreathing union member. You can't be bothered to do anything yourself, you need someone to spoon feed you. So, open wide here comes the spoon. You could try going to the Boeing careers site and actually SEE which locations and segments are hiring rather than putting a stupid post here.
Just a thought.
Can someone confirm which boeing divisions are hiring? Just wondering if the 160,000 down to 130,000, is realistically more like, 65,000 in BCA down to 35,000????
There will be more next. Air Travel won’t pick up until the pandemic is over. Boeing management solution to most things is to layoff more people.
What’s NMA ?
Boeing is just contracting to stop the bleeding. Yes more layoffs will help slow the bleeding. NMA is dead until 2025 when t will be re-evaluated.
Right now all options are on the table, really ALL options.
145000 - 130000 = 15000. So what the company does is lay off 145000, and tell them to reapply for the 130000 jobs. Reason is to ensure that none of the 15000 can sue the company for discrimination. I have witnessed many departments do this for the sole purpose of laying off 2 freaking folks who are itching to sue sue sue!!!
Most of you have no idea how business works. 160000-19000=141000 end of 2020. Next year we will cut 11000 more. There will be two more VLO's as Boeing is already taking on more bonds and selling BA to account for buyouts to come. That with attrition will get anywhere between 5k-10k. The rest will be Involuntary Layoffs. Quit worrying and listening to these other uneducated people who don't even work for Boeing.
@vag+17FcmHZj its not paid in Boeing stock. You will not get Boeing stock in your 401k as a match.
They are selling Boeing stock (presumably the all the stock they purchased) and using the money to match exactly the way you have it allocated today.
It means 130,000 people will now do the work of 145,000 people. Boeing likes to call it LEAN but it is nothing more than piling on more to the employees remaining. Luckily the 401K match is still in effect but is now paid in Boeing stock. Awesome.
So many threads are stark reminders that buffoonery reigns supreme at Boeing
Another prime example of “Smart Phone Addiction”
You must be an IAM employee if you can’t figure out what 145000 - 130000 is equal too. I know high school math must have been difficult for you.
Boeing announces new plan to cut 30,000 jobs as it reports a £374m loss
for the third quarter.
That is far deeper than the 19,000 reduction that the company announced
three months ago.
Boeing updated its jobs plan on the same day it reported a £374 million loss
for the third quarter, a swing from the £905 million profit it earned in the same
period last year.
https://www.dailymail.co.uk/money/markets/article-8890193/Boeing-announces-new-plan-cut-30-000-jobs-reports-374m-loss-quarter.html
+++++++++++++++++++++++++++++++++++
https://thehill.com/policy/transportation/523152-boeing-plans-thousands-of-additional-job-cuts-in-next-year-amid
The company recorded a net loss of $466 million in the third quarter after
earning a profit of $1.2 billion in 2019. Revenue fell 29 percent to $14.1 billion,
but slightly higher than predictions of $13.9 billion. Its shares experienced
a $1.39 loss per share, better than Refinitive’s consensus estimates expecting
a $2.52 loss per share. — {Shady Book-keeping}
Boeing’s financial trouble started before the pandemic, when it had to ground its 737 Max planes in March 2019 after two crashes left hundreds of people dead.
What happens next?
145,000 -130,000 = A whole bunch
Isn't that what a six year old would say
Now back to bucking rivets!!!
Do more stock buybacks.
What happens next?
You pay more union dues to make up for the people being laid off.
Congrats!
Do the math.
We've taken extra $37 billion in debt. Bleeding has to stop at some point.