Thread regarding Boeing Co. layoffs

Boeing board to face investors’ suit over 737 Max Fraud
https://www.bnnbloomberg.ca/boeing-board-to-face-investors-suit-over-737-max-crashes-1.1649124

I issued a directive to my toilet to flush but it gave me some sh*t

China to clear the 737 MAX for flights over its territory using new safety protocols
https://i.redd.it/e9vkmnfigsl21.jpg

Thems that can DO
Thems that can't Manage

That place defines mismanagement. It's a sh÷tshow. So many talented people, that unfortunately are not in mgmt.

Maybe that software engineer shouldn’t have swapped the starliner and MAX software…

…Boeing has 99 problems.

Boeing spins off venture capital arm to trim costs
Plane maker formed HorizonX in 2017 to invest in early-stage companies
or those with transformative aerospace technologies
https://www.thenationalnews.com/business/aviation/2021/08/06/boeing-spins-off-venture-capital-arm-to-trim-costs/

The Chicago-based plane maker dissolved an internal investing unit,
known as NeXt, last autumn as it pared spending and retreated from several
ambitious forays launched late last decade before the 737 Max grounding and
coronavirus pandemic along with a multitude of other Boeing debacles that
drained more than $52 billion in cash.
Adding To That
Boeing Crashes: $43 Billion in Share Buybacks Turn into Existential Threat
https://wolfstreet.com/2020/03/11/boeing-crashes-as-43-billion-in-past-share-buybacks-turn-into-existential-threat/

Boeing’s total revere of fortune under current management is 95 billion dollars

In another example of incompetence, negligence, arrogance and pettiness
Boeing Management gave Airbus the deal of a lifetime.

How Airbus Spent Just One Dollar To Replace Boeing
As The Worlds Largest Aircraft Maker In The World
#MaximusAviation
https://youtu.be/77rsE-tBYgQ

This is the true story of how Airbus bought the A220 program for literally
just one Canadian dollar and in the process dethroned Boeing claiming
the number one spot as the world's largest plane maker.

Boeing Management Is The Disaster: Boeing Management Is The Debacle:

Why China Buys Boeing
https://seekingalpha.com/article/4445242-why-china-buys-boeing

In short, to enrich its own aircraft manufacturing.
China is currently working on certifying its own C919 single aisle jet, and while
this aircraft is not expected to compete with Boeing outside of China,
it is the aspiration that China has an aircraft manufacturing country that makes
a healthy relation with Boeing very important.

China has been making steps, but those steps are largely supported by
attracting manufacturing work to the country, and to continue attracting work,
China needs the Boeing-Airbus (EADSF) (EADSY) duopoly to work efficiently
as well as strong demand from China.
Examples of Enriching the Aircraft Manufacturing industry In China
are the Airbus assembly line for the Airbus A320 family aircraft as well as completion
centers for the Airbus A330 and the Airbus A350. The completion and delivery center in
China recently completed the first Airbus A350 delivery to China Eastern Airlines (CEA).

Inveigling the west out of their technology to eventually compete.
The road to extinction is paved with good intentions.