this post was submitted on 20 Dec 2024
591 points (97.6% liked)
memes
10673 readers
2726 users here now
Community rules
1. Be civil
No trolling, bigotry or other insulting / annoying behaviour
2. No politics
This is non-politics community. For political memes please go to !politicalmemes@lemmy.world
3. No recent reposts
Check for reposts when posting a meme, you can only repost after 1 month
4. No bots
No bots without the express approval of the mods or the admins
5. No Spam/Ads
No advertisements or spam. This is an instance rule and the only way to live.
Sister communities
- !tenforward@lemmy.world : Star Trek memes, chat and shitposts
- !lemmyshitpost@lemmy.world : Lemmy Shitposts, anything and everything goes.
- !linuxmemes@lemmy.world : Linux themed memes
- !comicstrips@lemmy.world : for those who love comic stories.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I have no idea how you could explain Boeing's failures other than C-suite greed.
The reason for Boeing's recent failures are actually well known: They purchased McDonnel Douglass and became defense contractors.
When they did that all of the McDonnel Douglass execs they acquired were able climb up the ranks of Boeing because they had political connections to get those DoD contracts. The story is the Boeing corporation acquired McDD but McDD execs acquired Boeing.
What happened next is Boeing started doing normal DoD contractor practices and outsource as much as possible to cut costs and open new non-union shops. The clusterfuck that is Boeing now is the outcome of that process.
Obviously you can still call this "c-suite greed" but that would be missing some important details.