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Boeing: Full Industry Recovery May Take Three Years
Boeing said it would replace merit-based pay increases with restricted stock awards as CEO Dave Calhoun cautioned that a full recovery for the planemaker could take three years. (www.thestreet.com) Altro...
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covid...Max...at least 3 years...
the title is a mis-print.
years should be decades.
years should be decades.
Boeing inflicted this wound on itself by sacrificing safety in the name of profits. It clearly deserves a financial hit for all the lives lost because of it’s action.
"replace merit increases with stock awards".... it'd be less of an impact to the employee to just forgo the "increase" altogether for a year or 3. It's more affordable than giving them a worthless stock and is only going to further tank.
