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Seattle Times has a new report on how Boeing's current challenges can be traced to prioritizing shareholders over everything for 25 years, slashing costs and outsourcing key work, weakening unions, and pressuring suppliers, leading to loss of its core competency.

This is a great example of how the stock market rewards short term thinking leading to companies sabotaging themselves. Intel is in the same boat.
seattletimes.com/business/boei

The Seattle Times · When ‘ruthless’ Boeing cut costs, the damage spreadBoeing’s leaders are tepidly admitting the shareholders-first, workers-be-damned strategy was flawed. It’s an admission a generation in coming.
A Robbart

@carnage4life There's a good documentary by Rory Kennedy on this (on Netflix). It ties the problems to the merger of McDonnell Douglas & Boeing -- Boeing had had a culture of safety and trusting engineers. It changed to more of the McD D culture of prioritizing cutting costs and raising stock price.