this post was submitted on 05 Feb 2024
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Have Boeing considered simply not fucking up the building of their main product?
But then the executives will make less money
Oh shit, yeah, that’s true. Didn’t think of that ‘cause I’m just a regular guy without a business degree.
More likely the issue is they would need to find/hire competent executives, not friends/family/insider nepo-folk. This will be a challenge for a board comprised of friends/family/insider nepo-folk.
Instead of doing most shit in-house, they contracted out shit tons of parts to the lowest bidder and they jenga all the pieces together. Kind of like when you buy an hp laptop, even though HP doesn't make a single piece of their laptop (or even assemble the things). They just arrange for all the pieces they want from all the component manufacturers and buy the parts and have them shipped to the assembly plant that's to be used.
No that's not true. What happened is they found things that were not profitable to do in-house and sold those off (they found investors willing to take over their non-profitable production lines).
... the investors simply cut costs in order to make it profitable. Which is predictable, what else were they going to do? Obviously an investor expects to make money on their investment.
Now Boeing is basically stuck - they can't make the parts in house, because they don't have enough staff, and their only supplier sucks, and there is no other supplier.
The world's tiniest violin...
Isn't their main product weapons?
I suppose a weapon is something that falls from the sky causing death. So yeah.
🙌
Defense, Space and Cybersecurity account for 39% of Boeing's revenue.
Interesting. I wonder what they do in the cybersecurity area.
Drill holes in the wrong places?
Not having the documents detailing how they knew for years about all of this and did nothing leaked sound a pretty good reason to me.
Well, considering they don't build their product (it's contacted out), probably not.