this post was submitted on 22 Oct 2024
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Hmm, sounds like Boeing needs to fire more engineers.
And increase C-level compensation, of course.
Exactly why I wonder where our business school ethics go when it seems to me that value is only placed on what can be tied to everyone's income and profit being the 'sole' provider for it, and any Engineer's ethics being a nice thing for their own time. What would happen if we switch it up to Engineers being in charge who actually learn to make the product and the business side being the client of it rather than the other way around? Could the world be a better place? This doesn't mean every engineer or either group as a monolith is good or bad. Just that maybe in economics we can see who may value externalities even in capitalism as Adam Smith seemed to promote over just profit.
There really is no other option.
Just gonna throw this idea out there:
What if they hired a bunch of engineers who graduated from sketchy, unaccredited colleges in foreign countries and paid them half as much much?
Is this like when Americans blamed Pakistani coders for B737/MCAS debacle only to be proven they implemented Boeing's (fatally flawed) specifications to the letter?
Then we can give bigger bonuses! What a genius idea.
Of course there is! They could spend more money in PR campaigns and ~bribes~ lobbying
You need double ~~tides~~ tildes for the cross out text to work
I don't know this smells of some pencil Pusher looking at an engineer going "can you bring the cost of that rubber o-ring down 13 cents"... "I know you were looking for a specific type of seal but I got this huge assortment pack right here from my local temu...."
Well, it is public knowledge that layoffs and furloughs are happening, so sadly, you're not wrong.
And they somehow enticed Kelly Ortberg out of retirement to take over as CEO. There's the hella juicy c-suite compensation package you talked about. He was already riding golden after he maneuvered that Rockwell Collins sale/merger/whatever.
And do some more stock buybacks and raise dividends, of course.