cross-posted from: https://lemmy.world/post/22161530
SEATTLE (AP) — Boeing has delivered layoff notices to more than 400 members of its professional aerospace labor union, part of thousands of cuts planned as the company struggles to recover from financial and regulatory trouble as well as an eight-week strike by its machinists’ union.
The pink slips went out last week to members of the Society of Professional Engineering Employees in Aerospace, or SPEEA, The Seattle Times reported. The workers will remain on the payroll through mid-January.
Boeing announced in October that it planned to cut 10% of its workforce, about 17,000 jobs, in the coming months.
“Our upper management made a bunch of terrible decisions, so we’re fixing this by firing the competent people who do all the actual work. Please buy our shares.”
Don’t worry. After this move or CEO and share holders will be happy, and that’ll make our planes safer!
And the executives and management… who did this to Boeing, what will happen them while the rest are having their lives thrown into turmoil?
Nothing, because after all, they were simply executing the mission of the shareholders (who are blameless in all of this). Maximize profit, minimize cost.
This is simply more of that same mission. They hurt the company, we pay with our livelihood.
The executives got huge bonuses most likely
We should nationalize Boeing
This please.
It doesn’t even need to be permanent, just enough time to replace the executives and board with competent people who aren’t just trying to borrow and bust the company. The regulatory body obviously fucked up letting the '97 merger go through and need to rectify the problem not just continue to let it fester.
I am sure safety will improve… Cut Executive comp… JFC these parasites never stop
So we have learned their plan ton pay for those 38% pay raises.
The machinists got their concessions, Boeing staff should be 1 big union… but divide and conquer.
