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Originally Posted by TheBear
For starters you’re calling this executive group ethical? Secondly they said no capex planned through 2026 or some wording like that.
I was mostly being facetious in my post, because why would all the corporate jets descend upon Boeing just to cancel 6 of 43 options?
I believe there was also a Board of Directors meeting there which would explain it. Either way, it was probably hosted by Boeing or something to schmooze the leadership so the conspiracy lives on. We’ll never know since we’re just lowly hourly employees.
Interesting point, the “ethical” c-suite currently at FedEx describes employee layoffs as opportunities. I’ve listened to many earnings calls from multiple companies over the years and that was the first time I’ve ever heard an executive describe destroying someone’s livelihood as an “opportunity”. Just disgusting and speaks volumes about John Dietrich’s character and lack of integrity. Hope the board has sense enough to send him to the unemployment line sooner rather than later.