Thread regarding Boeing Co. layoffs

Nah, their current McDonald's business model has been more effective for Boeing executive wealth growth. Outsource as much as you can and deceive and suck the life out of the employees still needed until they can be tossed to the curb and replaced with fresh naive meat. This combined with much PR propaganda is what successfully fooled customers and investors for many years.

Boeing needs to utilize the Nike business model where products are built and assembled overseas eliminating high paying union jobs. Then Boeing can use the profits to build a new generation of aircraft to compete with Airbus and pay the greedy executives of Boeing.

It's too late for changes that will positively influence Boeing ethics or performance. The US needs new startups that are free of the Boeing corruption, nepotism and toxic culture that focuses on keeping Wallstreet happy and maximizing executives bonuses to the exclusion of everything else needed to have a successful aerospace company.

How often do hospitals, refineries, construction sites etc Layoff their oldest employees? The employees Who have the most experience and trained most of the younger employees? Just So they could bring in employees right out of school who are underpaid to give themselves a bonus? This is why Boeing laid off their employees in Seattle and replace them with employees in South Carolina

The work culture at Boeing is the most toxic of any industry that I am aware of. Literally laying people off just so you could bring someone in making less money. No one I know who works at Boeing, unless they are an executive, recommends that career to their friends or children. Most regret getting into the field.

Until that toxic work culture changes Boeing will not be successful again.

The entire board of directors including Calhoun should’ve been fired after the first 737 max crash. Anyone a VP level up should’ve been fired immediately

Hey cut them some slack. A Boeing leaders job is to represent the shareholders and earn them a profit at any cost even if it means driving the company into the ground.

Hey cut them some slack. A Boeing leaders job is to represent the shareholders and earn them a profit at any cost even if it means driving the company into the ground.

Here is the script:

• Calhoun dumped within 60 days
• New them/he/she and BOD initiate a big equity raise, further devaluing the shares but $$$$ available
• Last round of fat bonuses for the big dogs
• Bankrupt... hammering the 'creditors', suppliers and pensioners
• Selloff, or more a likely giveaway, most of the garbage that is services - if they made a fuselage painted like a tu-d, it would be called services
• Split of commercial and military

The government gave many BILLIONS to US airlines, which are for the most part terribly run financially, to prop Boeing up by taking all their garbage death traps when they really don't need them immediately. Without that boost, this goose would already be cooked.

Chapter 11 and then a government bailout and all the "leadership" removed

I dunno. They sure threw some nice parties with plenty of booze, snow and prostitutes. Their yacht parties were legendary. With all the cheating on their spouses, don't know how they stayed married though? I guess you have to be a good liar and have little regard for anything but yourself and your bank account to be a Boeing leader.