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Boeing may reacquire Spirit at higher price despite hating optics
- toomuchtodo 3y agoA reasonable premium for ruthless financialization of their supply chain and to make an attempt to survive the dysfunction they created.
- cwilkes 3y agoI cannot upvote this enough. They continuously squeeze suppliers either on a bill or to make more faster. Accidents are bound to happen.
- Zigurd 3y agoSpot on. The spin out was a cynical move to fragment their assembly workers, show better return on net assets, and do engineering by contract demands. Here is the internal memo predicting a bad outcome: https://techrights.org/wp-content/uploads/2022/06/2014130646.pdf https://techrights.org/wp-content/uploads/2022/06/2014130646...
- BlackjackCF 3y agoEngineer warns of consequences. Execs ignore warnings. Bad things happen. A classic.