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Economy |
Boeing will cut its staff by 10% - more than 10,000 jobs - and slash its production of its main commercial planes, including the 787 and 777, after it reports $641 million first-quarter loss |
2020-04-30 |
Posted by:Skidmark |
#11 Kind of a shame, really. I remember flying on a 787 and it was pretty nice. Before that it was the 767, really smooth. But, yeah, if the investors are no longer getting their ROI, it's time for some changes. |
Posted by: Abu Uluque 2020-04-30 14:39 |
#10 And happy to make $20 / day and probably serious about their jobs because no aircraft mechanic union to cover them for smoking a joint on the job. |
Posted by: M. Murcek 2020-04-30 13:04 |
#9 Just visiting with a neighbor and topic of aviation maintenance outsourcing came up. I didn't know it, but there are lots of aviation repairs/maintenance tasks (he called them 'heavies') done in Taiwan and the far east. Evidently a 'heavy' maintenance cycle done on a 747 here in the states could cost $4-5m dollars. In Taiwan, about a quarter of that cost. Having flown over and monitored some of these cycles first hand, he indicated the Taiwan teams literally swarmed the aircraft by the dozens. He asked a supervisor what his people made and was told "about $20." He figured that was 'per hour.' He was wrong. It was $20. per day. |
Posted by: Besoeker 2020-04-30 13:00 |
#8 Own goal. |
Posted by: Iblis 2020-04-30 12:53 |
#7 The sole function of a company is to make a good product at a profit Pretty heavy lifting on that FIFY |
Posted by: M. Murcek 2020-04-30 12:11 |
#6 the sole function of a company is to make for its investors. when it stops doing that it downsizes. |
Posted by: Zebulon Hatfield1153 2020-04-30 11:54 |
#5 Oh yeah I remember when they rejected the sweetheart deal that Dallas offered them. " We are going to Chicago, they have better restaurants there. " Also they were going to get into the China market. "Like a fish , the rot starts at the head . " |
Posted by: Thaith Elmeresing6163 2020-04-30 11:23 |
#4 Move corporate HQ to Tulsa or Wichita. Having it in Bath House Barry land obviously didn't improve anything except the front office fukups' social lives. |
Posted by: M. Murcek 2020-04-30 10:29 |
#3 They earned it. All of the upper management needs to go. |
Posted by: DarthVader 2020-04-30 08:58 |
#2 Boeing deserves to fail. And after this fiasco with the "737" Max, I have zero sympathy for Boeing. In fact, some C-Suite pukes should probably hang. |
Posted by: Clem 2020-04-30 08:35 |
#1 On the union side, start by cutting people from the parts of the KC-46 production line that were responsible for "construction debris and tools" being left in spaces inside the aircraft resulting in rejection by Air Force inspectors. |
Posted by: M. Murcek 2020-04-30 07:31 |