Tags
Aktuelle Nachrichten
America
Aus Aller Welt
Breaking News
Canada
DE
Deutsch
Deutschsprechenden
Europa
Europe
Global News
Internationale Nachrichten aus aller Welt
Japan
Japan News
Kanada
Konflikt
Korea
Krieg in der Ukraine
Latest news
Map
Nachrichten
News
News Japan
Russischer Überfall auf die Ukraine seit 2022
Science
South Korea
Ukraine
UkraineWarVideoReport
Ukraine War Video Report
Ukrainian Conflict
UkrainianConflict
United Kingdom
United States
United States of America
US
USA
USA Politics
Vereinigte Königreich Großbritannien und Nordirland
Vereinigtes Königreich
Welt
Welt-Nachrichten
Weltnachrichten
Wissenschaft
World
World News
19 Comments
at an average salary of $92,854, that’s an extra $1.578B they can funnel into executive bonuses, RSU, and stock buybacks. Shareholders rejoice.
COO: “We’re bleeding cash because of bad decisions made by executives and because of people in the unions who work for us squealing to Congress. What do we do?!”
CEO: <opens notes from b-school> “Cut jobs!”
Vulture-max shareholder-value-capitalism is reaching its final form in spectacular fashion via Boeing.
They never learn….
And of course they’ll cut the people with the most longevity . . . who have the most experience. What could possibly go wrong??
That should put some pressure on the remaining employees and improve the quality of the builds. /s
and THAT should take care of ALLLLLL the issues!
How will they keep making planes with 17,000 less employees?
Before that ratfuck Jack Welch ruined everything by rushing the late stage capitalism endgame, companies didn’t lay people off to get (more) profitable. It wasn’t seen as a thing. His poison is everywhere, including Boeing.
The beatings will continue until morale improves
Such an ethical company. It’s the Phillip Morris company of today. No proof that cigarettes increase heart disease err no proof shortcuts affects plane safety, we used duct tape and fishing wire.
Doors are falling off their planes and they’re firing workers?
I guess it’s easier to destroy 17,000 people’s careers instead of shooting them all, disgusting corporation
I think people are being a bit unfair to Boeing now. The new CEO (who is actually an engineer) might actually know what he is doing and was given such a mess by the previous CEO that there isn’t many options at this point. They basically need to break the company down and build it back up again.
Damn housing market is about to get good 💸
Imagine a government that doesn’t limit ceo pay and isn’t forced by law to limit salary and reinvest.
The engineer’s left , the company goes shite. Ceo + executives should resign.
Lots of people not understanding what’s going on.
The boeing union strike is costing $100 million a day. Or $3 billion a month. If they run out of money, then the business is effectively bankrupt. They need more runway and cutting a lot of jobs helps buy them time. These roles would need to be refilled after the strike. Desperate times call for desperate measures.
They’re screwing the investors by issuing new shares and doing everything they can to withstand the labor dispute. The current average wage for a machinist there is $77k and the union wants 40% increase over 4 years or basically 10% each year. Boeings last offer was 30% as to high of a wage increase puts significant pressure on their products staying cost competitive.
They need to hire less engineers and more accountants