3 ms·
I don't think anyone's contending that Boeing didn't have the resources. Like tons of once respectable titans of their given industry, they have had a rash of a
by ToucanLoucan 2y ago
I don't think anyone's contending that Boeing didn't have the resources. Like tons of once respectable titans of their given industry, they have had a rash of a new management structure that was of the "corporate pirate" variety, that shows up, acquires control, slashes costs across the board, does stock buybacks and bonuses regularly, makes products worse but continues trading on the name of the business for as long as possible, preferably for good but they're also quite happy to run a business firmly into the ground then sail away with their ill-gotten gains. And people contend that most of these issues, in one way or another, were down to that cost cutting. And I absolutely think it's criminal negligence but I also have severe doubts they will see any meaningful consequences. More line-item fines and firm finger wagging from the judiciary that they better not do it again, and I mean it this time.