‘Big gap’ between what new Boeing CEO is saying and what’s happened

[@samspade8612]

But first increase CEO bonuses, outsource major components, and line the pockets of crooked politicians until we need a government bailout.

[@michelmacias8969]

The whole board of directors of Boeing should go out

[@peterl545]

Agree. That's the source of this terrible management culture. Government needs to step in.

[@stevenwood7131]

most of the culture change that needs to happen must take place at the top. the lowly machinist does their jobs faithfully. The attitude problem at the top is egregious.

[@archer1803]

Are you sure about that? Boeing management is certainly responsible for most of the problems at Boeing, but was it management who didn't install the bolts on the Alaska Airlines door that fell off? Was it management who drilled the holes incorrectly in the aft pressure bulkheads? Was it management that left FOD in so many aircraft from the 787s to the new KC-767? That was the machinists, some union machinists in Seattle and some non-union machinists in South Carolina. The machinists have to accept some of the responsibility, too.

[@Rocky-wz6co]

@@archer1803 it WAS management that set up the production process, it was management that set the wage and compensation structure that has made it difficult to hire new workers, it was management that watered down the training and hands-on learning in the factory that has hampered the learning curve and quality for so many workers, and it was management that farmed out engineering to cheaper, distant sources that has slowed production and fixes that have come from the shop floor. Workers have to do the work and share responsibility, but few armies can succeed without competent, involved generals who are about glory and money.

[@KnightWraiths]

there is a HUGE gap.. saying the company cant pay what the union is asking for and then turns around and pays an exiting CEO $34 million to stay on the board of directors.

[@TheBooban]

I don’t think the CEO decides over the board.

[@gregorylyon1004]

They cannot afford to pay lifetime pensions

[@ronparrish6666]

Such a simpler company when they were making the 707 and had all those military contract's for the B52

[@tbluescan]

Calhoun is still on the board...no change....funny

[@JohnJones-k9d]

The 17,000 being laid off is a pure scare tactic for negotiation.

[@GregCunningham-u7k]

Those were the non union suckers.

[@BobConnor-n2g]

Some of the 17,000 may have been people like secretaries, bookkeepers, accountants, other office workers and many of them were probably women, these would be non management jobs.

[@flowerdoyle3749]

The Bean Counters need to bow out if they want the culture to change. Middle management is rewarded for cost cutting. That means maintenance and repairs on buildings and equipment are pushed out. Safety ignored if it cost too much. That applies to vendors as well....they are expected to cut cost continually. Eventually quality suffers with such practices. I lost my Lead position ($3000.00 savings) for stopping the reuse of torqued bolts. (Big NO NO in manufacturing) It all comes down to the $.

[@JxLx2022]

yup.. all this JIT stuff.... it doesn't work in aviation / aerospace..

[@aarrinmiller5394]

The "cut" maintenance but then pay vendors untold amounts of money and they also cut procurement personal to complicate ordering materials adding middle men/ women and longer lead times

[@TheBooban]

Well, first step is to personally take charge of the union negotiations because the team there seem to be stuck in the old culture.

[@michelmacias8969]

Corporate greed.......

[@TheBensonBadBoy]

Meet the new boss, he's the same as the old boss.....Pete Townshend

[@gregorylyon1004]

LOL. I love it

[@billr1129]

Why does Boeing have so much debt mr ortberg? Look at the leadership

[@hoffrun]

If 50% of Boeing doesn't understand what quality looks like , that company is doomed.

[@frankblangeard8865]

Chapter 11 bankruptcy would allow them to 'walk away' from a lot of things. Worked for GM in 2009-2010.

[@gregorylyon1004]

How's your pension doing at GM ??? My thought exactly. What pension ??? LOL. You Union boys think that the world owes you a lifetime free ride. You thought wrong

[@201sovereign]

Bla bla bla whatever Boeing says I'm still not flying on any of their aircraft 😂😂😂

[@JohnJones-k9d]

If this guy is getting rid of of 17,000 people what the hell was the last CEO doing if the new one thinks he doesn’t need 17,000 employees.

[@gregorylyon1004]

Well. Boeing doesn't need to pay 17000 workers lifetime pensions

[@AftStrut]

Let's not forget Calhoun is still on the board of Directors.

[@The-Team-Out-West]

Dump the defense side. Give it back to McDonnell Douglas. Including personnel and business model.

[@mtybobyng]

They made sure they took him down a controlled path in the factory. Cleaned and pushed bad work away.

[@jonathanking625]

Did they get the Kc 46 order by suing the government as they had selected the Airbus A330MRT ?

[@JohnJones-k9d]

US Socialism at tis finest, dont let the better company or product win, keep the junk companies going that dont deserve to survive.

[@SuperMassman]

The company is needed for US military work,, it will survive, but not as it is now.

[@gregorylyon1004]

It will survive. Non Union it will

[@ceilahuge6730]

There’s are ways over staffing all over factory floor

[@cdbfullbore]

They want to squeeze 60planes a month out of a single factory that is having quality issues at 15planes a month

[@unfixablegop]

Ortberg can't fire the people who just brought him in. The shareholder value foolishness, which really boils down to bonus maximization, will remain the core of Boeing's business philosophy.

[@666-x9s2e]

The results are in and its REJECTED. Strike! Strike! Strike! Pension! Pension! Pension! Let's go!!!

[@gregorylyon1004]

Your dreaming. You ain't gonna get a lifetime free ride pension from Boeing. They will never agree to that. It would cost billions of dollars per year. Plus medical benefits. Nope. Stay on strike until Christmas. The answer will still be NO

[@gregorylyon1004]

If Boeing loses those government contracts over this strike. No problem. I'm sure that Airbus will be glad to fill them ALL

[@dewyakana1543]

KaBooom.

[@nickcashman2908]

"We pretend to build the plane QA pretends to look"

[@jimgrif5998]

Cut space.

[@stevewilson6390]

$6BILLION quarterly loss!!!!!!! and more to follow it's going to be a long long turnaround on this. People are blaming higher management and rightly so but also the shop floor workers are not fit for purpose. These people produced shoddy poor work no pride whatsoever, shame on them for letting it happen! skilled workers they are not. I wouldn't pay them in peanuts, harsh but true.

[@vgstb]

Plenty of shop floor workers were fired because they wanted to stick to procedures in order to produce quality parts and correct assembly. The top forces the workers to do a shoddy job.

[@stevewilson6390]

@@vgstb If so i appologise! Being pressurised and bullied is wrong. We all have financial commitment and i guess it's easier to comply and receive your wages than be fired and have no income.

[@gregorylyon1004]

That's right friend. Scab labor wants fat Union pay and a lifetime free ride pension. They are dreaming

[@AcmePotatoPackingPocatello]

All those Wall Street analysts = toilet paper wiping corporate lies going back 20 years. ...Wall Street needs to be neutered.

[@JxLx2022]

he was a little negative.. ??

[@frankblangeard8865]

Basically he was saying that it would be nice if Boeing survives but he doesn't see any way that could happen. Yes...a little negative.

[@vgstb]

There is no way out of this mess without dumping the debt, that means bankruptcy is unpreventable.

[@peterazlac1739]

According to the NTB Boeing needs three to five years to fix their quality problem but they do not have that long since the sanctions on Russia and China have caused them to come up with aircraft that compete with the &£&Max Boeings main money tree and this will displace their sales in BRICS countries that do not want to buy in dollars with Airbus taking a higher share of the rest with safer and more economic aircraft like the A350-2000.

[@jackie-k]

What is the new CEO going to do about this? Changing culture is taking care of the people who do the jobs who make you money!

[@gregorylyon1004]

They want a lifetime free ride pension. Boeing cannot afford to pay it. It's that simple

[@GauntletKI]

Changing culture away from DEI

[@frankpinmtl]

Double Executive Income? I agree.

[@ranma1507]

Boeing has Too much bureaucracy, too big for its own good. Need to split into commercial aviation and defense. Boeing also needs to get rid of 737.

[@regional1000]

Get rid of the 737??? The only program making money lololol!!!

[@X9682]

​@@regional1000this guy know hahah

[@laurentiutrifan8173]

Boeing will buy Embraer & Spirit AeroSystems. For these 2 purchases are those 10 billions that are raised from the capital market. It seems kinda costly to fly 737 fuselages all the way to Brazil ... but the way cheaper labor force of Embraer factory (44 % of Boeing salaries) will compensate & bring larger profit margins. 🤔 P.S.: Jon Holden brought the union members into this trap ... and will keep them in there ... until they will wake up. But it will be too late. The gates of the factory will be already locked. For good.

[@vgstb]

That will never be allowed by the Brazilian government.

[@JohnJones-k9d]

If this guy is getting rid of of 17,000 people what the hell was the last CEO doing if the new one thinks he doesn’t need 17,000 employees.

[@Antiquated-Ether]

Let Elon musk buy it. See what he did to twitter!

[@winterbomber2]

@@Antiquated-Ether yeah lost tons of value and advertisers fled. lol its worth way less than what he bought it for.