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Military/Defense News / Re: Boeing Woes Also Infecting Military Aviation
« Last post by banddag on Today at 05:10:58 pm »My nephew is a manager for Boeing in SC.
Boeing is under so much stock holder pressure to make ever increasing profits and pay dividends they are cutting corners and it is coming back to bite them.
This trend is what is happening to most corporation across the country. Ceo pay is more and more based upon payment in stocks and bonuses and they are pushing to employees and lower level management to the extreme to maximize profits. Not just ceo's. Boards of these companies are under so much pressure for profits and if it does not happen they will get replaced.
Boeing is under so much stock holder pressure to make ever increasing profits and pay dividends they are cutting corners and it is coming back to bite them.
This trend is what is happening to most corporation across the country. Ceo pay is more and more based upon payment in stocks and bonuses and they are pushing to employees and lower level management to the extreme to maximize profits. Not just ceo's. Boards of these companies are under so much pressure for profits and if it does not happen they will get replaced.