>its 1997 merger with rival aircraft manufacturer McDonnell Douglas. That changed Boeing’s culture
>Boeing was known for its strong emphasis on engineering and quality control. It was part of the company’s ethos.
>McDonnell Douglas, on the other hand, placed special emphasis on cost cutting and financial innovations to improve its bottom line.
>The engineering department was greatly reduced ... while the financial engineers went to work. Starting in 2010, Boeing spent tens of billions on stock buybacks and other financial machinations to enhance its share price. At the same time, the company took on massive amounts of debt.
@BroDrillard Talk to anyone invof in the day to day ops and the stories are amazing. Plenty of "why have two eyes check a part when each worker can just self-check and promise they did it right"