Thread regarding Boeing Co. layoffs

I'm reading the book. Since the establishment of the Business Roundtable in 1973 and the changes to their direction in the Reagan administration, it's been downhill for the United States ever since. Boeing, Honeywell, GE itself, they're all at their natural endgame after being turned into empty suit husks. All the real wealth has already been harvested. Now only the bones remain...

Well they better do something to turn things around, this has been a loooooooooooooooong and slow deterioration of a once great company.

Zero chance anyone would buy Boeing failed space division

Most of the people who run these large corporations really have no ideas about how to increase a probability. They didn’t work their way up.

They don’t understand the processes. They don’t have any vision as how to improve the company. So they obsess over things like manipulating the stock price, price of the stock, buybacks, splitting the company, buying another company, etc..

The idea that you would pay these guys millions of dollars basically just to try to manipulate stock price. It’s really a testament to the corruption of corporate America.

These huge conglomerates that combined such disparate companies should not have been formed in the first place. BA, GE, UTC are a few examples. Breaking up the company would make sense.

Welch is a bad word in any sentence. He was the best at being the worst human being in the corporate world.

The great betrayal of the American worker.

When you can't successfully accomplish any aerospace project so as to make any profit, why stay in business? Boeing has not made a profit on any project in 20 years. Boeing has been selling off everything possible and taking on huge debt just to survive this long...and just to benefit Boeing executives. So breakup and bankruptcy is inevitable.