CEO's Theory: High-tech layoffs buoy stock values
Obviously, Boeing is in bad shape financially and it really has no one to blame but itself. Continued poor management has built a culture of "yes-men" and quality has suffered. There is such a fear of being laid-off during one of the company's cyclical layoffs no one "Speaks Up!" As we now know... the threat is real! Let's see who goes and who stays.
Laying off new hires is going to make it even harder for Boeing to achieve quality when the only remaining workers are "yes men." Look for Boeing to sell off segments of its company in coming years to keep its main business afloat. ...just my two cents.
"Yes men" downvote here:
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