Boeing CEO Finally Fired (After 11 'Incidents')

For some time now, Boeing has become infamous for slipping safety standards and prioritizing profits over safety. Many would point to the Boeing McDonnell Douglas merger in 1997 as the beginning of Boeing’s downfall, but the past 5 years have come with far greater consequences. From planes literally falling out of the sky to whistleblowers suddenly disappearing off the planet, Boeing has been associated with several nasty incidents, lawsuits, and conspiracies. This video highlights some of the biggest Boeing shortfalls over the past couple of years and the huge financial and reputational price Boeing justifyingly has to pay.

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Timestamps:
0:00 - Disaster Strikes
4:23 - Whistleblowers
8:52 - Fraud Conspiracy
11:09 - Incompetent Leadership
13:03 - Invideo AI
14:37 - The Aftermath

Resources:

Disclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.

[doctortraumacock]

11 incidents & 2 "self-deleted" whistle blowers. 👍

[alejandroramirez-ihjv]

Former Boeing engineer here, worked 22 years. these planes were not made to be quality planes, they were made to sell as many planes as possible. I’ve witnessed multiple senior manager engineers place bets with each other based on which plane with the most defects would be allowed to be sold, leadership at Boeing plants were unprofessional and unserious, multiple of my coworkers had no degree and come from the trades.

[reatcas]

I was fired from a project for prioritizing quality over speed. I stood my ground and That was the best I did.

[dangergunner]

One minor correction. Boeings trouble started in 1997 when it bought McDonnell Douglas. When they made Harry Stonecipher the CEO it only got worse. That was the disaster.

[Rollexm]

Cost cutting will be the downfall of American industries.

[GameOfDepth]

I come from a family of Airplane Engineers and was warned that Boeing was more about stock prices than insured quality.

[yourbuddy]

Moral of the story : When you buy a company, especially one that screwed out a lot, DON'T EVER let their executives in, fire them all.
Because if they were actually good, that company would have done well.

[GordonHouston-Smith]

If it's Boeing I ain't going.

[shadowninja]

Boeing is an example of what Steve Jobs said decades ago of why great companies die. They get founded by innovators and techies who make the products and improve it overtime to add a lot more value for the consumer. So the innovators are the ones who get promoted to the upper ranks of the company. But overtime as the company grows those innovations grow earnings less and less, so the marketers and sales people are the ones who grow the earnings and climb into the upper ranks of the business. Eventually this cycle leads to the innovators being forced out, and the sales people and marketers who have no idea how the product works or how to innovate running the company, and running it into the ground. Eventually the innovators get fed up and start their own business that disrupts the marketer run company.

[Roq-stone]

The first suicide with an “anti-suicidal” note.

[bahatig]

Engineering companies should be led by engineers! Not damn MBAs!

Engineering expertise is earned with age so enough of the layoffs and forcing everyone to look at stock price alone. Good products grow the stock, not freaking layoffs and all these short cuts. I am glad such shenanigans are backfiring big time and I am looking forward to big tech which has been following the same culture also facing this reckoning, especially with the push to replace workers with AI. People first, not profits.

[UserAccount-ThisOne]

remember guys, if its reported that the man behind logically answered mysteriously died of a heart attack while reading up on stuff for his next video, he did NOT "let himself out and into the light".

[sifustan]

Like we just gonna ignore about the "suicided" whistle blower like that?

[kennyadvocat]

Kinda crazy how hard it is to fire a ceo. Me and many other have been fired before for making a stupid mistake at a job and nobody even died.

[rfak]

13:03 I've noticed a quality downgrade with the use if AI slop.

Its ironic that a video criticizing a greedy company is promoting AI

[adirox]

Bro Atlas Air is a cargo airline and the aircraft was a freighter. How come passengers watch in horror in it ??

[thene]

But i thought self regulations were good. I am shocked!

[ChadScott-mw]

Just a quick clarification - the astronauts that were onboard the Starliner did NOT come back yet; they're due to return next year as other astronauts were assigned to return earlier on the Crew-8 craft that splashed down today. Those are the people who came back with this recent landing. Williams and Whitmore are due to return around February on a modified vessel for the Crew-9 mission, which is the one that recently launched.

[Renzo_Benzo]

cant believe we live in a "if its boeing i aint going" era

[sylar]

Aw, poor guy. I'm sure he got a golden parachute, as usual, for failing at his job.