Boeing to cut management jobs by 30% from 2010 levels

[dsummoner]

Source:

Boeing Co said on Wednesday it will restructure its defense, space and security business and cut 30 percent of management jobs from 2010 levels as part of a broad cost-cutting drive. Boeing, the Pentagon's second-largest supplier, said it also will close some facilities in California and consolidate several business units in an effort to trim $1.6 billion in costs by the end of 2015, on top of $2.2 billion in reductions achieved since 2010.

Ladies, gentlemen, for those of you with technical expertise (that made it into management), China, Russia and Iran just might be hiring.

In a multipolar world in which "foreigners will not tolerate" and where the votes of foreigners in regards to US elections are of import, only bigots and racists, choking on their jingoistic bile of country first, would disagree with knowledge transfer to foreign countries.

[dsummoner]

Even more good news (in the multi-polar world where foreigners will not tolerate - those that disagree, of course, according to Omar's 'political spectrum', are Reich Wing jackboots).

China appears to be within two years of deploying submarine-launched nuclear weapons, adding a new leg to its nuclear arsenal that should lead to arms-reduction talks, a draft report by a congressionally mandated U.S. commission says. China in the meantime remains "the most threatening" power in cyberspace and presents the largest challenge to U.S. supply chain integrity, the U.S.-China Economic and Security Review Commission said in a draft of its 2012 report to the U.S. Congress.

China is alone among the original nuclear weapons states to be expanding its nuclear forces, the report said. The others are the United States, Russia, Britain and France. Beijing is "on the cusp of attaining a credible nuclear triad of land-based intercontinental ballistic missiles, submarine-launched ballistic missiles, and air-dropped nuclear bombs," the report says.

Heroic and legitimate.

[Spot72]

How GE Is Arming China to Compete With Boeing -- and America

-2011


"Are CEOs Selling Out America?

If China follows Taiwan's footsteps, its aircraft industry should surpass the U.S. in a much shorter time. Unlike Taiwan, China is starting out with state-of-the-art technology from GE, which will save it decades of development time as it seeks to build its own industry to compete in both commercial and military markets.

Meanwhile, let's not feel sorry for Boeing. After all, a source who spent 20 years inside Boeing told me in 2009 that CEO Jim McNerney was musing about moving Boeing to China.

All this corporate maneuvering raises an important question: Who's in charge? To me, it looks like big-company CEOs are making the decisions that will determine America's fate. These execs may live in the U.S., but they're making big money by selling our best technology to China. And since China is lending America $907 billion through its government bond holdings, our nation's financial system is also under China's thumb."

http://www.dailyfinance.com/2011/01/...-with-america/

[dsummoner]

'Our technology?' Really? What exactly is it that you have done that gives you any ownership in the technology?

In a multi-polar world, foreigners will not tolerate.