Boeing Is Calling Back Its Retirees To Try To Fix Delays At Its 737 Jetliner Plant (cnbc.com)
Boeing is trying to fix delays at its 737 jetliner plant near Seattle, so it's turning to its retired workers. "Boeing started hiring retired mechanics and inspectors on a temporary basis after reaching an agreement with the International Association of Machinists and Aerospace Workers on August 15," reports CNBC. From the report: The snarl at its plant in Renton, Washington, triggered by shortages of engines and fuselages as Boeing sped production to record levels in June, is likely to hurt third-quarter results and threatens its goal to boost build rates again in 2019, some analysts said after meetings in the Seattle area last week. Investors will get a peek on Tuesday at how far behind Boeing is when it releases its order and delivery tallies for August, a month after deliveries fell to the lowest level in years. Deliveries are crucial to planemakers because that is when airlines pay most of what they owe for the aircraft. Boeing has already deployed about 600 employees and new hires to Renton in recent weeks to help fix delays, analysts said. It was not clear how many retired workers Boeing intends to hire.
I thought Boeing was moving out of Seattle. So I guess there won't be another generation of aviation workers there after they use these oldsters up.
Were they retired workers or were they "retired" workers. Is retiring something the workers did or was it something that happened to them?
that is because GE is imploding, so how will hiring ex-Boeing guys fix that?
Damn trump and his *shuffles deck* low unemployment rates!
I never understood them. They have these massive waves of layoffs, as if the market has collapsed or something, but actually their product is back ordered for years and all they need to do to make money is make more airplanes. You might think they're trying to get rid of low-performing or overpaid employees but those are the ones that seem to stick around the longest.
They're not attractive to young engineers any more, the old folks are all near retirement with houses and boats and nice cars and money in the bank while anyone that's hired now is barely above living paycheck to paycheck in a shared apartment.
They sometimes try to hire line workers at minimum wage. Management is baffled when people from a temp agency show up, see the difficult and specialized skilled labor they're supposed to perform, and walk away.
Airbus has their problems too but at least the full-time employees tend to stick around. Although they have this growing cancer of hiring engineers as "contractors" that are paid less than non-contractors and have zero job security. The aerospace equivalent of dash-trash except they're making decisions that have real world consequences. It's sorta sketchy when your engineers have no more incentive to take their job seriously than someone who flips burgers. Think about that next time you're in an airplane.
Just think about the money they could save if they could resurrect the dead, and the savings on benefits would be amazing!
Deliveries are crucial to planemakers because that is when airlines pay most of what they owe for the aircraft
Aren't deliveries crucial to *any* manufacturer? There are not many cases I can think of where a manufacturer stays viable by never delivering their product. I know first hand that it is an actual business strategy at some companies but that's never sustainable. Theranos has tried to pull it off, it did not work so well.
This story nearly passed me by; it's hardly been noticed by most of the media outlets I keep an eye on. It's not exactly attracted a lot of comments here either.
It's an interesting contrast though -- if the company name in that headline was Tesla rather than Boeing, it would be all over the media; there would be hundreds of articles and tens of thousands of comments all trying to argue about how it's either another sign of doom, or another astute disruptive move, depending on the bias of the commentator.
I guess what I'm trying to say here is that most of the hype that surround Tesla -- both positive and negative -- is totally unwarranted; it's just a company going about it's normal business. We need more of the Tesla stories to get reactions like this Boeing story.
Like why the fuselages and engines are behind schedule. All across this country, in manufacturing and construction, the attrition rate is through the roof. It affects many segments of the industry from car and large truck, to furniture and aerospace. There are way too many jobs out there than people who are willing to work them and many of the jobs that use to be competitive, are merely month long stop overs for some workers who will move on shortly after in search of less work (and less hours). And strangely it isn't always about more pay. A lot of people move to lesser paying jobs to get away from too many hours.
But I am going to give those lazy shitheads a reminder. 2008 wasn't that long ago. When another financial meltdown happens good luck getting unemployment. Good luck trying to get a job when the labor force is competitive and you lack any skills or experience to do hardly anything because you hopped six jobs in the last year. Good luck finding that perfect spot on the river for your cardboard box you are forced to live in with that family you're supposed to support.
Just think about the money they could save if they could resurrect the dead
I saw that movie. It doesn't turn out well.
I know people who work for Boeing and hear them talk all the time. The problem is that the inmates are running the prison. They know that they will paid a lot more to do the job on overtime so they drag ass during their regular shift.
Have gnu, will travel.
Nothing to see here, folks, it's been happening for a long time. I've witnessed many cycles where Boeing is in a crunch for some reason, and gets experienced retirees to come back to get them over the hump. Win-win.
They're going through a well-documented crunch getting 737s and 787s out the door with ramped up production schedules. Main issue is that the airframe and engine suppliers are not keeping pace. So they are calling in the grey beards to help get back on track.
Hey, Windows users, there is no such thing as "forward" slash, there is only slash and backslash.