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?
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
I saw that movie. It doesn't turn out well.
That's the disappointing part of being a nuclear missile designer, you never get to see your product work.