Boeing to cut 30 percent of its management ranks.
Boeing to cut 30 percent of its management ranks.
This could be good news for the company. If they do this right, they will reduce their costs without hurting their ability to produce. That they made this announcement today, the day after the election, and that the cuts mostly involve their defense work also suggests it is linked to sequestration, despite the company’s denial.
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Boeing to cut 30 percent of its management ranks.
This could be good news for the company. If they do this right, they will reduce their costs without hurting their ability to produce. That they made this announcement today, the day after the election, and that the cuts mostly involve their defense work also suggests it is linked to sequestration, despite the company’s denial.
Readers!
Every February I run a fund-raising drive during my birthday month. This year I celebrate my 72nd birthday, and hope and plan to continue writing and posting on Behind the Black for as long as I am able.
I hope my readers will support this effort. As I did in my November fund-raising drive, I am offering autographed copies of my books for large donations. Donate $250 and you can have a choice of the hardback of either Genesis: the Story of Apollo 8 or Conscious Choice: The origins of slavery in America and why it matters today and for our future in outer space. Donate $200 and you can get an autographed paperback copy of either.
Please consider supporting my work here at Behind the Black. My analysis of space, politics, and culture, taken from the perspective of an historian, is almost always on the money and ahead of the game. For example, in 2020 I correctly predicted that the COVID panic was unnecessary, that the virus was apparently simply a variation of the flu, that masks were not simply pointless but if worn incorrectly were a health threat, that the lockdowns were a disaster and did nothing to stop the spread of COVID. Every one of those 2020 conclusions has turned out right.
Your help allows me to do this kind of intelligent analysis. I take no advertising or sponsors, so my reporting isn't influenced by donations by established space or drug companies. Instead, I rely entirely on donations and subscriptions from my readers, which gives me the freedom to write what I think, unencumbered by outside influences.
You can support me either by giving a one-time contribution or a regular subscription. There are four ways of doing so:
1. Zelle: This is the only internet method that charges no fees. All you have to do is use the Zelle link at your internet bank and give my name and email address (zimmerman at nasw dot org). What you donate is what I get.
2. Patreon: Go to my website there and pick one of five monthly subscription amounts, or by making a one-time donation.
3. A Paypal Donation or subscription:
4. Donate by check, payable to Robert Zimmerman and mailed to
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Really, they are expecting a rapid worldwide decline in economy and market. So they are looking to scale down the company to the new pourer future they see before us all.
I think we will see a LOT of rifs in the defense industry in the next few months.
I’m already seeing it.
Just on the fear of these coming budget cuts we have already lost 10% or so of our sales.
And the heads are making noise about loosing more.
I work for a company that manufactures electronics for those companies that build things for the government.
We are no longer even making replacement parts for the M1 Abrams tank because this administration has decided that the US doesn’t need a main battle tank. And can’t think of something to replace them with.
He doesn’t think the US should have a military — except when he wants to use it.
Yeah, expect the US mil to be eviscerated.
Kelly, you are exactly right – unless the military can do something to make HIM look good – like getting bin Laden – he has no use for them. Completely unrelated to this thread (but relevant) is the fact that while using them this way, he did everything in his power to ensure military ballots would not get to the troops in time to be counted. I believe I read the military vote was down 70% this year compared to ’08…