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.
That's just it, the company has been rather foolish in the way it's been handling production for quite some time now. And shockingly, providing bonuses for the half-assed work being done in North Carolina is having consequences.
It's beyond me why any of these people aren't looking for work elsewhere as it's clear that Boeing only cares about money and can't be bothered to think about the long term.