More 737 Max drama https://finance.yahoo.com/news/faa-warns-safety-hazard-overheating-123537080.html
What about Boeing's engineering culture feels broken?
What specifically about the engineering culture at Boeing feels so broken right now? Is it different in different parts of the company or are they all affected by similar lack of competent leadership?
Ha ha ! $149 Million loss in Q2
https://news.yahoo.com/amphtml/boeing-loses-149-million-q2-115650332.html
Wait until investors scrutinize the increase in labor cost for the 2024 IAM contract
https://finance.yahoo.com/news/boeing-investors-scrutinize-cost-spirit-141018359.html
Why are executives giving bonuses based on the stock price instead of based on the profit margin the show each quartis
Why would the Board of Directors reward the CEO of bonuses based solely on the stock price and not based on if the company made any profit in the previous quarter? It’s embarrassing to be losing millions of dollars and be paying your CEO a bonus for... — read more
A crumbling empire.
Deliveries and cash flow boosting the stock, but still delivering the backlog built when they couldn’t deliver 737 to the customer. Doesn’t reflect the production and development mess. Starliner. lol. 777x. 5xlol. Max10. 15xlol. Max7. 100x lol... — read more
New 737 MAX 10 Jet Is Not Going Over Well at All
Well go figure... https://turbofuture.com/news/boeing-new-jet
Will Boeing stop hiring based on race?
After the supreme court decision, striking down colleges and universities, admitting students based on race will Boeing stop hiring to meet quotas based on skin color?
Scandal TCS- oh my…
https://www.livemint.com/companies/tcs-names-new-head-of-hiring-amid-probe/amp-11687799384687.html Bribes for jobs, you don't say??? Unethical. Corput…. Need I say more. Better start digging deeper and the layers of the onion start to unfold. — read more
Spirit Aero Strikes …Ha ha
Boeing supplier stops production at Wichita plant after workers vote to strike
Boeing sued for allegedly stealing IP, counterfeiting tools for NASA projects
Are you kidding me! Cheating, and still can't figure out how to get into space. https://www.cnbc.com/2023/06/07/wilson-aerospace-sues-boeing-over-allegedly-stole-ip-for-nasa-projects.html?__source=iosappshare%7Ccom.google.Gmail.ShareExtension
Starliner Grounded Indefinitely
I hope no one is surprised. Boeing is a sad joke of a company https://thehill.com/homenews/space/4031720-boeing-starliner-safety-concerns-ground-indefinitely/
I hope we'll have more layoffs soon
I can't wait to get out of here.
Show me the incentives and I will show you the outcome- Charlie Munger
Sums up boeing corporate strategy over the last decade. The incentive were tied to the stock price so Boeing CEOs poured all the company cash reserves into raising the stock price. Can anyone explain why the Board of Directors still gives... — read more
Calhoun All Hands Meeting on June 7 (4pm PST - 5:30pm PST)
Calhoun All Hands Meeting on June 7 (4pm PST - 5:30pm PST) This meeting starts at 7pm for those on the East Coast. This doesn't make sense.
Boeing Managers
Do boeing managers just sit in meetings all day and don't actually do any work? I have never seen anything like this is other corporations...there managers actually work. Boeing has the laziest managers.
Boeing is successful in Canada
https://www.canadianmetalworking.com/canadianfabricatingandwelding/article/fabricating/success-at-boeing-canada-winnipeg
BCA is a cluster F@#k, Burn Out, Rapid Turnover, Exclusion, Poor Leadership, Dysfunction
DISBELIEF! Calhoun says “transparency every step of the way” there has been ZERO transparency and lies upon lies. Our Company VALUES and ACTIONS should be guiding our decision making. He also says our people are what make us great and he and the EXCO... — read more
Boeing has had 1 quarter where they had a profit since the 737 max crash
For the last seven years, since the 737 max crash, Boeing has only had one quarter where they didn’t lose money. How does the board justify paying David Calhoun a bonus when the company is in the worst financial shape it’s ever been in? They are... — read more
Finance Layoffs Continued
Employees impacted by round 2 of Finance layoffs will receive notice Thur or Fri of this week. Round three coming later as more jobs offloaded to India and/or hubs in Mesa and St Louis.
Boeing leave service center
There's talk on the floor of a class action lawsuit against Boeing leave service center "The Reed Group " for a patern of Federal and State FLMA violations. Does anyone know what law firms are working this?
Damn the Torpedoes - Full Speed Ahead
Boeing CEO stands by plans to increase 737 Max production despite recent flaw https://www.cnbc.com/2023/04/18/boeing-ceo-737-max-production-increases-stand-despite-recent-flaw.html
Lockheed Martin set to buy Boeing
According to several individuals with knowledge of the matter, negotiations for a merger between Boeing and Lockheed Martin have been ongoing for several months
More Boeing Incompetence
Boeing tightens procedures to address bolt-torque issue at Renton 737 factory Wait what? I thought these issues only happened in non-union shops? Watch the union folks run the macro that votes this post down. But just because you don't like it... — read more
Indirect Supply Chain (ISC)
I am hearing that Indirect Supply Chain (ISC) is being spun off to TATA Consulting. The end result will be layoffs. Not sure what job rolls will be impacted or how many employees will be Impacted. Has anyone heard anything? Definition Indirect... — read more
Maybe There Is Another Company Named Boeing Out There ?????
https://www.comparably.com/companies/boeing/layoffs
Boeing to take charges on KC-46 tanker over quality issue says finance chief
Boeing Chief Financial Officer Brian West did not disclose the precise value of the additional charges, which will be announced as part of the company's first quarter earnings, but margins at Boeing's defense business would be negative as a... — read more
Percentage of those who come back to Boeing
Although most people would probably never come back to this company after leaving it, there might also be some who would come back despite everything. What do you think is the percentage of those?
For three months know I have been asking my Lunatic Boeing manager if she can give me a voluntary layoff?
Her reply has always been "At this time there is no business case to give you or anyone else at Boeing a voluntary layoff." Well today little Ms. Lunatic came by asking if I was serious in asking for voluntary layoff? Without delay I told her Yes... — read more
777 is a mess
With late parts and back shop failures they are pushing out unfinished planes. Constantly designating people and working outside or in random bays that are not equipped to build the plane. I don’t understand why they don’t stop the line to recoup... — read more
With no new planes under development for the foreseeable future Boeing jobs are absolutely boring
I also cannot stand the Lunatic Boeing manager I work for. She is d-mber than a box of rocks. How can you become a technical manager at Boeing if you earned a college degree in French. There lies the problem. Too many Boeing managers who should have... — read more