Boeing's Financial Turmoil and Workforce Cuts

This chapter examines Boeing's ongoing crisis, detailing staggering core losses and recent workforce reductions due to a significant strike and stalled negotiations with the International Association of Machinists. It raises concerns about the company's decision to cut quality control staff amidst these challenges, questioning whether this strategy could truly alleviate their financial woes. The discussion also delves into the competitive dynamics of the aerospace industry, comparing Boeing's struggles with those of its key rivals.