- cross-posted to:
- economy@lemmy.world
- cross-posted to:
- economy@lemmy.world
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Boeing’s new CEO announced layoffs for 17,000 employees in order to “stay competitive.”
Was Boeing trying to “stay competitive” when it spent $68B on dividends and stock buybacks over the past decade?
Or when it handed out multi-million dollar golden parachutes to failed CEOs?
Just trying to make sure that they aren’t slacking in the greed department. That’s really the primary competition these days.