Thread regarding Boeing Co. layoffs

CEO Layoff Needed

The problem with today Leadership, case in point, would be current CEO:

  1. He is an accountant by profession, but ends up in the AMERICAN Aerospace industry. Why? because they want an accountant to cook the books for quarterly wall street report. But they forget one thing, quarterly report can inch up stock up, but door blowing out could take down billions in second.
  1. He spent 26 years in GE, under Jack welch, who was master of manipulating the stock market, and destroyed GE as we know of today. Jack Welch philosophy was simple, cost reduce, off shore, buy a company milk it to death, sell it for stakes, use it to fudge quarterly numbers. Pls read: https://www.amazon.com/Man-Who-Broke-Capitalism-America_and/dp/198217644X. Thus he is infected!
  1. https://www.amazon.com/Man-Who-Broke-Capitalism-America_and/dp/198217644X. so based on the book, we have several of Jack Welch disciple still running corporate American, particularly Aerospace industry, running the show. Need to wash them out.
  1. The wall street problem, driving the industry from wall street quarterly perspective is just way too myopic for the Aerospace industry, where safety is paramount. We all travel, our families lives are stake. Wall street nothing more than quarterly number to create wealth.

737 was build some 30 years ago, it was the bread winner for Boeing. Howe can Boeing break what was working perfect ? they just wanted to add fuel efficient engines and new avionics- Really and they broke a perfect design?

Thus need to layoff of CEO who is just worried about what wall street thinks and bring a techy into his role.

When the GPA -->> 0, Engineer Major converts to Business Major. Still stand! lol

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| 1021 views | | 8 replies (last January 24, 2024) | Reply
Post ID: @OP+1qwUotKE

8 replies (most recent on top)

One trick pony Dave

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Post ID: @duhq+1qwUotKE

I'm a new employee and whoever posted this header has helped me out immensely on the background of this company. Looks like it's time to put out them feelers again and brush my resume up.

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Post ID: @4hks+1qwUotKE

All the managers get together and rank their employees to decide who they layoff but no one is ranking the managers and deciding which ones they get laid off so you have this enormous number of managers and a continuous revolving door of mechanics engineers. The problem now is most of them have wised up and don’t want to come back to Boeing and ride the job carousel. so Boeing is bringing in people with no experience no training to fill job recs.

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Post ID: @1hbw+1qwUotKE

There are derisive posts about Jack Welch everywhere you look. It’s becoming common knowledge that his management style was a disaster for his company and others who adopted it.

So the real question is why did the Boeing Board of Directors continue to hire his protégé?

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Post ID: @1pmd+1qwUotKE

Sadly, all accurately predicted back in 2007...and nothing changed then or since.

https://www.rbogash.com/boeing_delay.html

https://www.rbogash.com/boeing_comments.html

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Post ID: @1kho+1qwUotKE

Everything stated here is absolutely correct. However, Boeing has been mismanaged for over 25+ years. It goes back to Phil Condit and has been a toilet ever since. Boeing doesn't have one division (Commercial, Space or Defense), that isn't being run into the ground. It's a complete disgrace....

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Post ID: @1mvg+1qwUotKE

They are called "GE Angle of Death."

All trained under in GE under Jack Welch. The dark side of management.

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Post ID: @quy+1qwUotKE

All true but it won't help or save Boeing. There have only been nepo bean counters and politicians at Boeing for decades now only focused on their personal interests. All the good capable people have long since bailed out. People at Boeing these days are incapable of doing aerospace and are more fit working in the fast food industry.

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Post ID: @ihy+1qwUotKE

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