A Boeing expert has claimed that the aviation giant is failing because all the profit-hungry executives are working from home and the manufacturer has become too obsessed with DEI.
The anonymous source described Boeing as a “company under supervision” that has lost contact with its workforce.
The embattled aviation company is in the midst of a safety crisis related to its 737 Max planes, which caught fire after a door panel exploded aboard an Alaska Airlines flight.
speaking to city diaryThe source described how the executive suite at Boeing’s headquarters in Arlington, Virginia, is empty as top brass avoids the office.
“We just instituted a policy that everyone has to come to work five days a week, except the executive board, which can use private jets to travel to meetings,” the source said.
A Boeing expert has claimed that the aviation giant is failing because all the profit-hungry executives are working from home and have become too obsessed with DEI. Pictured: A burst panel on Alaska Airlines Boeing 737-9 MAX Flight 1282
Boeing has faced a safety crisis surrounding its 737 Max planes in recent years, including the crash of a Lion Air flight in Indonesia in 2018.
Fears were exacerbated after another 737 Max crashed during an Ethiopian Airlines flight in 2019, killing 159 people.
A Boeing expert said executives like CEO Dave Calhoun are refusing to come in and have alienated the workforce.
‘And that’s the story: it’s a company that’s under caretakers. It is not under owners. And these are not people who love airplanes.’
The individual also claimed that the company has become obsessed with diversity and inclusion policies, which they consider “anti-excellence.”
‘The DEI narrative is very real, and at Boeing, DEI became tied to the status game. It’s what you embrace if you want to get ahead. It became a means to achieve power,” the source added.
‘It’s anti-excellence, because it’s ill-defined, but it became part of the culture and was tied to compensation. Every email from HR is: “Inclusion makes us better.” This type of politicization of human resources is a real problem in all companies.’
DailyMail.com contacted Boeing about the anonymous claims.
Boeing’s fortunes took a nosedive in the wake of the Alaska Airlines emergency on Jan. 5, when a panel on the 737 Max 9 exploded mid-flight in front of horrified passengers.
The disaster caused 171 planes in its fleet to be grounded pending safety investigations and the Federal Aviation Administration to limit production of the planes.
About $30 billion of market value disappeared in a matter of days, while stock prices fell 25 percent.
Boeing has also had to pay $160 million to the airline in “initial compensation” due to the suspension of the flight and has been the subject of several lawsuits by passengers who were on board the flight at the time of the incident.
However, the Alaska Airlines incident was just the latest in a series of concerns surrounding the 737 Max planes following two crashes involving the aircraft in 2018 and 2019.
The anonymous individual also claimed that Boeing has become obsessed with diversity and inclusion policies, which they consider “anti-excellence.”
The incidents have put a lot of scrutiny on the aerospace giant, resulting in a massive turnover of talent, according to the source.
The Alaska Airlines disaster wiped out $30 billion of Boeing’s market value and sent stock prices tumbling.
The Federal Aviation Administration limited production of the 737 Max over safety concerns, while 171 planes in Boeing’s fleet were grounded, causing a huge financial headache for the company.
The first involved a Lion Air flight in Indonesia that crashed and killed 189 people, and the second occurred just a year later, when an Ethiopian Airlines flight crashed and killed 157.
The source said scrutiny of the accidents resulted in a “radical set of changes that caused huge talent turnover” to the company’s detriment.
“Right now we have an executive board that runs the company and is made up exclusively of outsiders,” the source explained.
‘The current CEO is a General Electric guy, as is the CFO he brought in. And we have a completely new HR leader, with no Boeing experience. The head of our commercial aircraft unit in Seattle, who was fired last week, was one of the last engineers on the executive board.
However, chief executive Dave Calhoun recently announced his intention to leave the board at the end of the year as part of a management review.
Calhoun, as well as the chairman and head of its commercial airline business, are leaving amid ongoing 737 MAX safety concerns.
But this has not been enough to alleviate insiders’ concerns.
“There is no visible company center and people are wondering what they are connected to,” the source said.
Boeing’s stock price fell billions in the wake of the Alaska Airlines incident, and the company’s shares have fallen the furthest behind rival Airbus in its history.
Former Boeing quality director John Barnett issued a chilling warning in January about two specific aircraft models recently involved in crashes, before turning up dead. He is seen in 2022.
Barnett, 62, had been in the middle of a deposition in a whistleblower lawsuit related to production of the 787 Dreamliner, according to his attorney.
‘The workforce knows if you love what you’re building or if it’s just another set of assets for you. At some point you cannot recover with the process what you have lost with love. And I think that’s probably the most important story of all.
Boeing’s fortunes suffered another blow after it emerged that a whistleblower suing the aviation giant had died from an alleged self-inflicted gunshot wound in South Carolina.
The news wiped $4 billion off the company’s value overnight, while shares fell to a five-month low after it was revealed that John Barnett was found dead in a hotel parking lot in Charleston. .
Barnett, 62, had been in the middle of a deposition in a whistleblower lawsuit related to production of the 787 Dreamliner, according to his attorney.
The lawsuit alleged that under-pressure workers were deliberately putting “poor quality” parts on Boeing 787s, and that metalworkers were sweeping defects under the rug to save money.
But the insider suggested the problems with Boeing are not unique to the aerospace giant and criticized the “politicization of HR” through the pursuit of DEI.
‘Boeing is just a symptom of a much bigger problem: the failure of our elites. The company’s focus now is “value for broader stakeholders,” including DEI and ESG,” the source said.
‘This was then adopted as a means of gaining power, which further separated the workforce from the company. And it is destroying our society.”