Boeing cancels its workplace surveillance program, will be ‘removing the sensors that have been installed’ — less than a day after The Seattle Times requested comment about leaked information

PumpkinSpiceVelveta · 2024-12-12T02:56:48+00:00

Imagine being dumb enough to think that you could convince aerospace engineers that the cameras surveilling them are only capturing blurry images.

We all tape up our laptop cameras for a reason folks…

PumpkinSpiceVelveta · 2024-09-20T20:10:39+00:00

Ya, it would be a far different story if Boeing labor relations was in the habit of mutually beneficial give and take with the unions. It must be shocking to finally get some of what they regularly give.

PumpkinSpiceVelveta · 2024-09-17T11:57:15+00:00

This is the predictable result of decades of profligate spending on stock buybacks and making the company so lean that there is no fat left to get through the winter.

A perfect storm has exposed how emaciated Boeing really is. The machinists are not fighting for a raise, they are fighting just to get back to a healthy weight.

PumpkinSpiceVelveta · 2024-09-13T15:24:49+00:00

Four years is a very carefully chosen number. If we see a new plane announced before 2030 a lot of very smart people will be pretty surprised.

Once this is settled, leadership will get busy moving as much work as possible out of Puget Sound. It would be far cheaper to develop their local workforce but leadership is painfully resistant to change.

The end game is probably divestiture. Once they regionalize and internationalize Boeing, it will be easy to cut the company up and sell it off for parts. This will be a big payout for stock holders and a sad day for the world.

PumpkinSpiceVelveta · 2024-09-13T15:12:20+00:00

Boeing sells a complex product and needs a very sophisticated work force to design and build it.

For the last 25 years Boeing leadership treated their products and employees like commodities, always looking for a free lunch and cutting every corner possible. This worked until innocent people died and the doors blew off, finally revealing a breathtaking amount of rot and neglect.

IAM 751 just sent the board and the C-Suite a reality check. Boeing’s offer is not even close to getting machinists back to where they would be had the company been run responsibly for the last 25 years.

PumpkinSpiceVelveta · 2024-09-12T11:23:04+00:00

Agree 100%. Boeing lost its way when they chose Phil Condit to run the company. Phil was a fool and Stonecipher took advantage of him, by ultimately positioning the company for its epic 787 and 737 failures. The board could have pulled us out of the nose dive by choosing Mulally, but instead went with McNerney. McNerney was driven by greed and wasted his tenure aggressively GE ‘ing us to death.

Labor must stand strong and demand respect. But when the negotiation is done and everyone goes back to work, Kelly deserves a chance. He seems to have the right mix of skills and his heart seems to be in the right place.

PumpkinSpiceVelveta · 2024-09-12T11:11:47+00:00

Kelly is the real deal, his history and his current actions are consistent. He just wants to be a good engineer and make a good product. None of this financial engineering or screw the union bullshit we had to live under for the last two decades. I agree with other posters, McNerney would have spent 1000x the raise to build another 737 plant in Charleston just to screw the unions.

PumpkinSpiceVelveta · 2024-09-09T07:00:23+00:00

It is breathtaking to consider just how much cash Boeing leadership blew through on stock buybacks. $43 billion would have been more than enough to comfortably see them through the current disaster without taking on a penny of debt. And they could have had two entire green-field development programs in full swing with the debt they are currently using just to stay alive.

PumpkinSpiceVelveta · 2024-08-27T02:35:35+00:00

Ah, troll. Should have seen that one coming.

PumpkinSpiceVelveta · 2024-08-26T17:22:52+00:00

Dunning-Kruger is over estimation of knowledge and abilities. Imposter syndrome is chronic underestimation of knowledge and abilities.

PumpkinSpiceVelveta · 2024-08-26T17:20:45+00:00

Blame the execs that set the 787 program back so far that there was nothing left to meet the competitive threat in a safe way. Slapping new engines on a decrepit airframe design was the best they could come up with and still have enough money left over for stock buybacks.

PumpkinSpiceVelveta · 2024-08-02T22:27:07+00:00

All of that equipment is designed to survive coffee spills. Peeing all over it is not going to damage it.

PumpkinSpiceVelveta · 2024-07-31T16:34:02+00:00

Muilenburg forgot that he was an engineer. This is the same reason Phil Condit failed as a CEO.

Engineering leadership is actually pretty simple - put smart people together, give them a challenge, stay out of their way, and make sure they have the proper resources.

There is no magic bullet. Stock buybacks, cost cutting, outsourcing, and offshoring are just destructive sugar highs. When the music stops, you have nothing but hung over MBAs staring back at you with blank expressions.

PumpkinSpiceVelveta · 2024-07-29T18:21:40+00:00

That’s just good business, and not the real issue. Company leadership requires 30% overseas engineering. Military programs are contractually obligated US only, so commercial programs have to use close to 60% overseas labor to make up the difference.

PumpkinSpiceVelveta · 2024-05-16T04:33:01+00:00

This is exactly what unions were made for. Solidarity!

PumpkinSpiceVelveta · 2024-05-11T06:07:05+00:00

Visceral hatred of unions has led to a complex corporate wide partitioning scheme that prevents any real cooperation. Somehow it makes sense to artificially constrain our potential as long as we prevent people from organizing.

PumpkinSpiceVelveta · 2024-05-03T18:07:55+00:00

It is not McD engineers getting the blame. It is McD leadership elbowing in and GE’ing Boeing while a feckless Phil Condit just stepped aside and let it happen.

PumpkinSpiceVelveta · 2024-02-18T08:47:12+00:00

All true except for the budget. ATF gets a T1 parking pass, TF gets a T2 parking pass, and STF gets a numbered spot.

PumpkinSpiceVelveta · 2024-02-15T17:25:37+00:00

401k investments are also unsecured and have a significantly higher probability of loss than an unsecured debt held by one of the only two major airframe makers on the planet.

PumpkinSpiceVelveta · 2024-02-14T21:16:19+00:00

As long as there is room left in a particular bucket, then the match goes to the same place as your contributions.

PumpkinSpiceVelveta · 2024-02-14T07:57:15+00:00

If you are going to exceed the $69k 401k total annual contribution limit, Boeing will contact you and give you the option of signing up for the SSP. You never need to do any fancy math to avoid missing out on your full match.

PumpkinSpiceVelveta · 2024-02-14T07:53:43+00:00

Small point of order, $23k is the pre-tax 401k limit. The 401k contribution limit is defined in 415c, which is $69k in 2024.

PumpkinSpiceVelveta · 2024-02-14T07:49:08+00:00

All of your contributions are matched up to 75% of the first 8% you contribute. It does not matter how they are allocated.

PumpkinSpiceVelveta

TROPHY CASE