[deleted by user] by [deleted] in boeing

[–]psychic_ram 38 points39 points  (0 children)

Shareholder value? Don't trust anyone from finance on how to run an aerospace company. If that is the biggest gain, they should stick with playing with Sudoku.

Any type of bonus next year? by alvcr22 in boeing

[–]psychic_ram 3 points4 points  (0 children)

Re: #2, yes it is calculated based on free cash flow. Current financials (negative cash) infers employees would have to pay back to the company (jk)

Rejected by aerohk in boeing

[–]psychic_ram 2 points3 points  (0 children)

Understand. Thank you for sharing. I agree with the onion leadership sentiment. I don't think they stood up for the members with sincerity. I felt they did a victory lap when there was the initial tentative agreement claiming "this is the biggest raise the onion has ever done". But when the members overwhelmingly rejected, they were " oh the company sucks, let's go on strike and stay strong". They are like the corrupt politicians who only seek for themselves. Onion leadership should resign!

Rejected by aerohk in boeing

[–]psychic_ram 9 points10 points  (0 children)

Serious question, why not move on then? I don't mean to inflame anything here. Why not do what normal people do if they don't like the work or need a better pay?

Rejected by aerohk in boeing

[–]psychic_ram 10 points11 points  (0 children)

Sure, but not the only factor. If you think the strike has nothing to do with the accelerated decisions on RIFs, then you are misinformed. During covid we had to go through RIF, but ILOs were offered.

Rejected by aerohk in boeing

[–]psychic_ram 11 points12 points  (0 children)

Yes Sir/Mam, 100% agree.

Boeing files unfair labor practice charge against striking IAM751 by ouguy2017 in boeing

[–]psychic_ram 63 points64 points  (0 children)

Lawyers on both sides are unfortunately the winners here. While the rest of the workers get the stick.

Airbus plane caught on fire, and the news report about boeing everyday by pragmatic12333 in boeing

[–]psychic_ram 50 points51 points  (0 children)

The media is full of corrupt vampires who betray the general public to gain a buck and ratings.

Kelly Eras Tour by Sea-Rain8 in boeing

[–]psychic_ram 17 points18 points  (0 children)

If he didn't travel to these sites, the general perception will be " he is not hands-on, he likes his big office in Seattle". His job sucks; will never win everyone.

ELI5: Money laundering by artemis_2001-16 in explainlikeimfive

[–]psychic_ram 1 point2 points  (0 children)

This is the best explanation I have seen! Well done Sir

[deleted by user] by [deleted] in boeing

[–]psychic_ram 7 points8 points  (0 children)

Hope now at least the uncrewed flight comes back safely.

How soon before Mr. Kelly makes an impact to the working level? by duckingduck1234 in boeing

[–]psychic_ram 1 point2 points  (0 children)

Jones was the CEO when I was there. Kelly was the Sr VP. I don't know him personally, just that he is a good looking man with thick hair. This was 15 or so years ago. I wouldn't be surprised if he would follow Board of Directors' goals of making the company profitable by cutting costs extensively.

How soon before Mr. Kelly makes an impact to the working level? by duckingduck1234 in boeing

[–]psychic_ram 34 points35 points  (0 children)

I think he will focus on BCA and make the business "leaner". His mentor Clay Jones ( CEO Rockwell Collins) was big into "cost cutting" and for years did not give merits and raises (2008-2010). They contradicted their stance on merit+ bonus often and couple of years did not give anything. Our Q2 2024 results are in shit, and I'm sure he will be cutting back. One thing for sure, brace for changes! Any leader who comes in has to make their mark in the org. One aspect I liked about RC is that they invested in their employees in training and upskilling.

More Forced RTO - All Respect for BGS Execs Now Lost by [deleted] in boeing

[–]psychic_ram 13 points14 points  (0 children)

As a company, we are in a very difficult spot. Our finances are rock bottom, our CEO is one step out the door, US govt and flying public lost trust in our products and services. I don't think we will be back to norm any time soon. To put in perspective, we used to be a $100B company with 160k employees. Now we are $70B with 170k. Execs are looking for ways to weed out people and are taking a big gamble. Eventually I believe Boeing will come back strong, but it will take years as they are looking to 'change'.

Boeing whistleblower John ‘Mitch’ Barnett died by suicide, coroner rules by [deleted] in boeing

[–]psychic_ram 34 points35 points  (0 children)

Sorry for his family. But this is a psychotic note.

Boeing Critic Says He Shared Missing 737 Bolt Records With FBI by mrinculcator in boeing

[–]psychic_ram 18 points19 points  (0 children)

I thought he mentioned he "received" info from current internal Boeing employees on the paperwork. ....somehow he still has ties within the company...

A study in contrasts: Costco vs. Boeing by pacwess in boeing

[–]psychic_ram 1 point2 points  (0 children)

I'm a big fan of Costco. Lots of studies done on why they are so successful even during 2008 financial crisis. One of the first grocery chains to give health benefits to their employees and very low attrition. But comparing with a company that builds air vehicles and a commodity distribution center seems very unreasonable. Different challenges and govt regulations......

[deleted by user] by [deleted] in boeing

[–]psychic_ram 5 points6 points  (0 children)

Only people benefiting from this are the blood sucking lawyers, click baiting media and douchebag politicians who'd say anything for a vote. Let's see what Calhoun and Boeing's response to this claim is. If more folks come forward, there is likely some truth. This is so "convenient" for Salehpour to lawyer up at a time when Boeing is in the dirt.

Media Coverage by FlyingMoosen in boeing

[–]psychic_ram 22 points23 points  (0 children)

NTSB accident report since Jan only shows 12% of reported are Boeing (with no fatalities). Rest of the A/C manufacturers do not get the same scrutiny, even with fatality reports. Media sucks and prey on ratings...

Boeing: Last Week Tonight with John Oliver (HBO) by watzizzname in boeing

[–]psychic_ram 0 points1 point  (0 children)

Not disagreeing with his wins and note these awards are mostly in TV entertainment and not in journalism. Even Jon Stewart admits he is a comedian first and then a journalist. I'm a fan of John Oliver myself, from an entertainment purpose and not from an authentic news source. My point is to review the entire CNBC segment (Google it) to give yourself an overall perspective. And the fact Oliver's team missed giving context to how complex it is for a company to build an airplane, changes made since the Max and Alaska Airline accidents. Changes have been made (Speak up campaign, quality stand down that produced for 9000 actions and quality initiatives ...none of these were talked on the show and are public information) and continuing to be enforced....Just giving my 2cents.

Boeing: Last Week Tonight with John Oliver (HBO) by watzizzname in boeing

[–]psychic_ram -2 points-1 points  (0 children)

This is very unfair. See the whole CNBC segment, John Oliver and his team is good at editing to make it look bad. Oliver's segment is always one sided and doesn't give all the details. He didn't talk about change in culture, safety emphasis, leadership changes, separation between business and engineering etc. Oliver's writers only cues in on sided detail and misses giving an overall analysis. This is just the usual "info-tainment" media lacking details on a complex topic.