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The Boeing Company Message Board

  • investorzzo investorzzo Jan 1, 2014 7:03 PM Flag

    Reply to New York Times A Machinist

    You mentioned a 58 day strike in 2008. Remember Boeing changed management in 1998. Where McDonnell Douglas took over Boeing, kicking out most of the previous managers. Since that time it is been a very Tumultuous time between Union and company.
    Let the company know that some of us understand business as well as a they do. My main question is whether they learned anything from the 787? If so why would they risk it happening with the 777X.
    You don't move from your best experienced workforce. The buildings are already in place. The roads, The seaports, vendor support. You're getting 8.7 billion from the taxpayers of the state of Washington.
    From the unions point of view, why should we take huge concessions even though the company says they are being squeezed by competitors. From our point of view we see record backlog with record profits. We see $10 billion stock buyback to shareholders with 50% increase in dividends. We See a CEO about to retire and wants to make the most out of stock options.
    Boeing is in a supercycle, that's what they call it on Wall Street. This means profits will never be as good as they are right now. So if we give all these concessions at a time when the company is doing great, what are they going to ask for when sales are diminishing?
    If I were a customer of Boeing, I would be asking the wisdom in a decision like this, risking on time production and quality, from an unknown quantity.
    From our side what we basically see is corporate greed. Bought off politicians and press, pushing corporate agenda through fear.
    We all know about fear, losing our freedoms, our privacy, in the illusion of security by the state.
    But if management needs some help in improving costs they should look inward, perhaps without so many layers of management communication would improve along with quality and productivity. Therefore improving the bottom line.

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    • Some additions:
      Thought I'd start out with a little observation. Why is it those that want us to give up our pension are the same ones who are going to keep theirs. The international ,the politicians, Boeing executives.
      I heard one union member say, it takes everyone working together to make it work. The managers, engineers, tooling, planners, production, assemblers, vendors. One link isn't more important than the other

      • 2 Replies to investorzzo
      • no one WANTS you to give up your pensions. Its just inevitable that pensions will be frozen as has happened with more successful companies than yours. It a new world. Get used to it.

      • That is from a whiner's perspective. You are not "losing" your pension. If you can read, the extension calls for the pension to be rolled over to your 401K, if have one, in 2016. Basically, your retirement is in your hands to manage. This is a good thing. The pension is/was an addition to your retirement for the long years of service. GM, Chrysler and Ford was shackled with pension bennies. This was one of the reasons why they went crawling to the gov't for a bail out. Ultimately, they lost their pension. Do you think BA should follow suit? I am sure the pension for Management will be the same, just in a different form. Having been on both sides of the workforce, It is about choice. Do what your employer ask of you, or go out the door. I am sure Walmart has a pension. Better yet, why not ask your union to provide a pension for your many years of service and union duties. If they can do that, have them come and see me. I am owned 25 years of dues paying/striking contributions.

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