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Boeing workers vote to strike

washingtonpost.com

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Re: Boeing workers vote to strike

#211

Post by bluGill »

ywvcbk wrote: post #128
AnthonyMouse wrote: post #61

Earlier quoted context omitted.

CEO pay generally has a relationship to company size, and Boeing is pretty big. It would be hard to argue their CEO is overpaid if they paid the CEO that much and the CEO did a good job . Implying the problem is not how much they were paid but rather the quality of the work.

They did a great job, though.. From the perspective of other board members, upper management and the shareholders at the time.

There is the real problem - we cannot evaluate how a CEO did today for another 10 years. Their job is to figure out where the company needs to be in 10 years and then get them there.

Re: Boeing workers vote to strike

#212

Post by Maken »

echelon wrote: post #142
bibelo wrote: post #106

Earlier quoted context omitted.

or they could come here to Toulouse to work for Airbus ^^

Boeing engineers should leave and start their own company. "American dynamism" is hot right now and there should be ample funding available. Lots of the old dinosaurs are being nipped at by nimble upstarts like Anduril.

I seriously wonder how long it would take for a team of engineers to produce a competitive commercial airplane, from planning to the first prototype, if they started right now. Also, is it viable to produce something like the A320 in low quantities when airlines need fleets in the hundreds?

Re: Boeing workers vote to strike

#213

Post by diggan »

aners_xyz wrote: post #207
diggan wrote: post #204

Earlier quoted context omitted.

Once you start thinking of Boeing as a government agency with less oversight that poses as a for-profit corporation, a lot of things start to make more sense. Including what you wrote about.

I’m not really sure this framing makes any sense if I’m being honest.

What private corporation could make mistakes where people lose their lives on the same scale while still operating as normal afterwards?

Re: Boeing workers vote to strike

#214

Post by mlindner »

They're voting to strike right as the new CEO gets in? That's kind of the worst time possible to improve the situation at Boeing. All you're doing is creating an antagonistic environment with your boss. So dumb.

Re: Boeing workers vote to strike

#215

Post by diggan »

benhurmarcel wrote: post #191
bibelo wrote: post #106

Earlier quoted context omitted.

or they could come here to Toulouse to work for Airbus ^^

That's not a great plan if what they're looking for is a higher salary though. Engineering in western Europe doesn't pay nearly as well as in the US.

True, as long as you don't consider cost of living, quality of life, work/life balance and life expectancy.

But judging by the current policies and laws (or lack of them) in the US, seemingly "high salary" goes above all of those things for most people.

Re: Boeing workers vote to strike

#216

Post by jdright »

diggan wrote: post #204
Havoc wrote: post #200

Just watched a documentary on Boeing an hour ago. It’s incredible that they avoided criminal prosecution despite two planes crashing, door popping out and then paperwork somehow going AWOL. Also Boeing knew about wiring issues since 2022 and the FAA only issues an inspection order in ‘24. Gonna try and avoid Boeings of all types going forward

Once you start thinking of Boeing as a government agency with less oversight that poses as a for-profit corporation, a lot of things start to make more sense. Including what you wrote about.

This is just malicious. Boing is the exemplar capitalist enterprise, traded, where the sole objective is profit above everything else, including safety and following regulations obligations, something that they can do because they bought politicians (lobby aka legal corruption).

Re: Boeing workers vote to strike

#217

Post by mlindner »

mprovost wrote: post #50
blackeyeblitzar wrote: post #20

[flagged]

Unions aren't a monopoly they're a democracy. After a democratic vote, the minority has to accept what the majority wants. Yes, sometimes voters make poor choices. New workers know about the union before they join. You don't move to a new state and refuse to pay taxes because you didn't vote for them. Once you're there you get to vote in the next election. America is a democracy and you don't have to revert to feudal…

Unions are absolutely monopolies. That's why the US Federal government has used anti-trust laws to break them up before.

Re: Boeing workers vote to strike

#218

Post by gigachadbro »

passwordoops wrote: post #125
Simon_ORourke wrote: post #44

Earlier quoted context omitted.

> Muilenberg and McNerney “had personal reasons to emphasize productivity and cost-cutting” because their compensation was tied to share performance. Together they took $209 million in total pay over seven years. Absolutely stunning - those guys will walk away from this mess with more money than God and American aviation will take a backwards step that may take decades to fix if at all... fuming here.

Incentives matter. The extremist solution would be to ban executive compensation tied to stock price and some mechanism where every penny more that goes into buybacks/dividends than R&D/CapEx is taxed at 105%. Oh, and make executive and BoDs personally and criminally liable for safety fiascos like the 737MAX. I bet you'll see culture change in a hurry under those circumstances

Just make stock buy-backs illegal. It would streamline a lot of "focus" issues when it comes to financial "engineering" mindsets.

Re: Boeing workers vote to strike

#219

Post by Larrikin »

diggan wrote: post #204
Havoc wrote: post #200

Just watched a documentary on Boeing an hour ago. It’s incredible that they avoided criminal prosecution despite two planes crashing, door popping out and then paperwork somehow going AWOL. Also Boeing knew about wiring issues since 2022 and the FAA only issues an inspection order in ‘24. Gonna try and avoid Boeings of all types going forward

Once you start thinking of Boeing as a government agency with less oversight that poses as a for-profit corporation, a lot of things start to make more sense. Including what you wrote about.

[flagged]

Re: Boeing workers vote to strike

#220

Post by jfarina »

diggan wrote: post #213
aners_xyz wrote: post #207

Earlier quoted context omitted.

I’m not really sure this framing makes any sense if I’m being honest.

What private corporation could make mistakes where people lose their lives on the same scale while still operating as normal afterwards?

Boeing. It's literally the post.
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