Thread regarding Boeing Co. layoffs

What’s propping up the stock if things are so bad?

FAA Calls for Significant Changes and Further Oversight of Boeing Company

https://www.ntd.com/faa-calls-for-significant-changes-and-further-oversight-of-boeing-company_1019143.html

The Federal Aviation Administration (FAA) administrator told lawmakers this
Tuesday that significant changes are needed to improve quality and safety
at the Boeing company, as its management is incapable or unwilling to follow
the most basic principles of management and that of quality control.
Adding to that, Boeing, put quite simply, cannot be trusted and they have
a long track record of dishonesty and obfuscation to backup that assertion.

Boeing likes to go in the out door. Can you smell what I'm cooking? Stinky:-)

Machinists’ union rejects Boeing’s ‘final’ offer, calls it ‘huge mistake’

This surprised many, as Boeing’s Management is known the world over as being
Honest, Forthright and Earnest.

However in this instance
Boeing management took it upon itself to bypass the Union and send this
New offer directly to all members, and the media without any prior communication from our Union and thereby damaging the negotiation process, attempting to go around and bypass our Union negotiating committee.

This type of unethical behavior cannot and will not be tolerated by the
Union members or their representatives.

It’s one thing to asѕaѕsinate whistleblowers, it’s quite another thing to ѕtab
The remaining loyal workforce and their Union in the back by using such
underhanded tactics, such as misleading the media by wrongfully stating the
Union membership is required to vote on their latest offer.

The striking workers also said this deceit did not give enough time to present details to the membership, or secure all voting locations,” the union added.

what happened to Boeing Integrity?

https://www.aerotime.aero/articles/boeing-machinists-reject-boeing-final-offer

Boeing Lays Off ‘Vital’ Contractors in Sweeping Cost Cuts
https://airlinegeeks.com/2024/09/17/boeing-lays-off-vital-contractors-in-sweeping-cost-cuts/

Boeing is laying off several experienced contractors as part of broad
cost-cutting measures announced by the company’s finance chief on Monday.
The manufacturing giant said it was considering furloughs for some
management and executive-level staff.

The Seattle Times reports that some layoffs have already begun.
The manufacturer reportedly removed “dozens” of engineering
contractor positions with only a day’s notice.

These contractors are largely retired employees who were brought back to
help fix ongoing manufacturing issues with the Boeing 777X, 787 Dreamliner,
and 737 MAX.
Speaking to the Seattle Times, one engineer described the
contractors as “vital,”
Calling The Move
“just another very bad decision in a continuing long line of bad decisions.”

If you don’t want your thгoat's cut like the contractors, the same contractors that
they use to cut our thгoat’s,

• Then We Should Vote No

When you wish upon a star.

https://seekingalpha.com/article/4722644-boeing-stock-can-new-ceo-fix-broken-corporate-culture-sell?source=partner_newsnow

Diagnosing Boeing:
Causes of Culture Collapse

Before we can talk about Ortberg, we must first talk about the company
he now leads, and the scale of the problems he has inherited.

Sometimes a corporate turnaround is simply a matter of formulating and
executing a particular solution to a particular problem.
Unfortunately, Boeing’s problem is not so simple,
nor is it solvable with any single fix.
That is because Boeing's problem is essentially pathological, permeating its
entire organization.

Boeing’s particular pathology is visible across virtually every aspect of its business. You can see it in the way Boeing handled the 737 Max 8 program,
from development and construction to its reactions and responses to
multiple fatal crashes.
You can see it in Boeing’s space program, which has managed to strand a pair
of astronauts on the International Space Station by launching a leaking spacecraft. The examples are pretty much endless, as The Wall Street noted in late January:

Boeing and its supply chain have been beset by snafus—from mis-drilled holes
on 737 fuselages and production slip-ups on the 787 Dreamliner to mishaps
with the new Air Force One—which have disrupted production at several factories.

The underlying pathology behind all of Boeing’s many and varied failures
and faults ultimately stems from a common source: corporate culture.
To be more accurate corporates lack of commonsense and integrity.

Boeing’s current culture crisis has been long in the making:

Boeing survived and thrived, sustained by an engineering culture steeped in designing superior aircraft built to demanding tolerances.
Its airplanes were industry-changing…Since the mid-1990s, the company bought
out McDonnell Douglas, a domestic rival, moved its headquarters twice,
shifted some assembly to the East Coast
(which allowed the company to sidestep the unions)
and changed chief executives the way you would planes in Atlanta.
What got lost in all this shuffling is a corporate culture that once prized
engineering and safety, replaced by one that seemed to be more focused
on delivering profits over perfection.”

• The Price of Resisting Accountability—

https://youtu.be/snTaSJk0n_Y