Boeing cuts management, streamlines its operations


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Capitalism in space: In an effort to better compete, Boeing is eliminating a layer of management and cutting 50 jobs in its defense and aerospace division.

The changes split management into smaller units so they can make faster decisions in their specific fields. This includes separating their space and missile division from other activities. This quote however says it all about the accelerating competition in the space business.

The changes are designed to speed decision-making, [defense division head Leanne Caret] said in an interview. “Everything is moving faster,” she said of the competitive environment for defense contractors.

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