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Post Info TOPIC: Boeing cutting jobs in So Cal


Guru

Status: Offline
Posts: 825
Date: Jan 20, 2011
RE: Boeing cutting jobs in So Cal
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Without jobs, and good jobs, the economy will implode.

Cuts do not make successful firms.
Cuts only generate bonuses for a few executives.
Capital investment (to make existing products more cheaply) and product innovation create long term prosperity.

We are living through the failure of capitalism due to bad and no leadership.

The bean counters rule. When did an accountant ever create anything?



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Guru

Status: Offline
Posts: 1832
Date: Jan 20, 2011
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More bad news in my area:


Wondering how many more of my friends will lose their jobs and possibly their homes. Boeing is a great company to work for, and this is a huge cut in workforce at a time when it hurts to lose more jobs.


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