Boeing used to be a fairly effective company. They had a good union and the work was largely engineer led.
The rightward turn of the 1970s eroded the union and culture. By the 2000s there was only two big players in the commercial aerospace market: Boeing and Airbus. McDonnell Douglas were limping along in a distant third place.
Boeing hoped to diversify their offerings by buying MD and using their more successful military aerospace business. MD's officers ended up gaining a lot of power in the merger and they began the process of running the firm into the ground. They went full cost cutting short term bullshit after that.
Boeing used to be a fairly effective company. They had a good union and the work was largely engineer led.
The rightward turn of the 1970s eroded the union and culture. By the 2000s there was only two big players in the commercial aerospace market: Boeing and Airbus. McDonnell Douglas were limping along in a distant third place.
Boeing hoped to diversify their offerings by buying MD and using their more successful military aerospace business. MD's officers ended up gaining a lot of power in the merger and they began the process of running the firm into the ground. They went full cost cutting short term bullshit after that.
Summary of this article
Seems a bit lib but I think there's some truth there