This is a news story, published by MSN, that relates primarily to the Jack Welch-inspired culture news.
For more the Jack Welch-inspired culture news, you can click here:
more the Jack Welch-inspired culture newsFor more Us federal policies news, you can click here:
more Us federal policies newsFor more news from MSN, you can click here:
more news from MSNOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best politics news, business news, entertainment news, and much more. If you like this article about Us federal policies, you might also like this article about
successive Boeing CEOs. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Boeing news, challenge Boeing news, news about Us federal policies, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
Boeing billionsQuartz
•
81% Informative
Boeing 's problems are rooted in a culture that values financial engineering over aerospace engineering.
Boeing hasn't designed a new airframe in 60 years .
The company needs to dump the Jack Welch-inspired culture of “cut costs and don’t invest,” expert says.
Boeing ’s board ousted CEO David Calhoun and hired an outsider, Kelly Ortberg , to turn Boeing around.
Machinists have turned down an offer of a 25% pay hike over four years , and now have a 30% offer in front of them.
Boeing has been hemorrhaging cash, losing about $7.28 billion in the first half of the year , and ending the second quarter with only $11 billion in cash and $58 billion in debt.
Boeing also has to regain the trust of government regulators.
VR Score
82
Informative language
80
Neutral language
58
Article tone
semi-formal
Language
English
Language complexity
42
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
9
Affiliate links
no affiliate links