Re:Boeing’s 737 Max Is a Saga of Capitalism Gone Awry
by throwaway189262 on Wednesday November 25, 2020 @05:29AM
(#25207754)
Hahaha that did not age well. GE is a failing dumpster fire and Boeing is headed that way. Great business sense these people have.
Re:Boeing’s 737 Max Is a Saga of Capitalism Gone Awry
by florencebuzz on Wednesday November 25, 2020 @05:14AM
(#25207666)
He was hired to do that, so is that his fault? I am afraid the article has a point.
Re:Boeing’s 737 Max Is a Saga of Capitalism Gone Awry
by yougotborked on Wednesday November 25, 2020 @10:25AM
(#25210143)
Yea seems like the final blame should go to the Board of directors
Wait a minute:
"When Mr. Stonecipher became chief executive of Boeing in 2003, he brought G.E.'s model with him: He slashed costs, reduced head count, ramped up outsourcing and increased Boeing's share buyback program and shareholder dividends.
"'When people say I changed the culture of Boeing, that was the intent, so that it’s run like a business rather than a great engineering firm,' Mr. Stonecipher said in 2004."