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> No, this is how Boeing has always operated. While I have no doubt Boeings business has been cyclical, many of the problems they face today can also be attrib
by jussij 6y ago
> No, this is how Boeing has always operated.
While I have no doubt Boeings business has been cyclical, many of the problems they face today can also be attributed to bad management.
These problems can be linked back to when Boeing merged with McDonnell Douglas, resulting in it's loss of engineering focus:
https://www.msn.com/en-za/money/news/how-the-mcdonnell-douglas-boeing-merger-led-to-the-737-max-crisis/ar-BBYzJXz https://www.msn.com/en-za/money/news/how-the-mcdonnell-dougl...
If you read the wiki page for McDonnell Douglas it reads a lot like the modern day Boeing:
https://en.wikipedia.org/wiki/McDonnell_Douglas https://en.wikipedia.org/wiki/McDonnell_Douglas
This gives a hint as to how that merger help to infect Boeing (no pun intended) with it's current bad management culture.
- bb88 6y ago> Boeing, which has been struggling for the past year with the safety of its 737 Max jet, has spent over $43 billion buying back stock over the past decade. https://www.newsweek.com/boeing-airlines-under-fire-90-billion-share-buybacks-stoke-controversy-bailout-pleas-least-1493934 https://www.newsweek.com/boeing-airlines-under-fire-90-billi... Step 1: Give billions in stock buy backs and ask for billions in tax cuts Step 2: Demand that taxpayers to bail you out in a recession Step 3: Repeat
- craftinator 6y agoIt's like a heat pump, but for moneys. It's a MONEY pump!
- jdc 6y agoBoeing's decay previously discussed here: https://news.ycombinator.com/item?id=20353342 https://news.ycombinator.com/item?id=20353342
- silviogutierrez 6y agoOff topic but it's killing me: what is the pun there? I just don't see it.
- meowgoldie 6y ago"infect" Boeing
- silviogutierrez 6y agoAm I crazy? I still don't see any word play. Is there a homonym, or specific phonetic reading I'm missing? Tried: - Infect-being - In fact being - Etc. Thanks for the help.
- jussij 6y agoCOVID-19 Edit: To clarify one could argue Boeing's problems are due to COVID-19 infections not due to a MD infection.