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To: freeus who wrote (39769)4/30/1998 7:07:00 PM
From: Chuzzlewit  Read Replies (1) | Respond to of 176388
 
Freeus, the problem can even be worse than just losing employees during a blip like it's having now. Boeing is typically a boom and bust company, and they hire lots of engineers, machinists and other highly skilled people. But they lay them off during economic downturns. After a couple of cycles many of these folks have found alternate careers with much more stable employment, and then the company needs to really scramble to hire qualified people when business picks up. And those people start at the bottom of the learning curve.

That's why there is a famous quip: Boeing puts the 0 in being.

You would think that by now they would have figured out a way to move into some other businesses during their down cycles so as to retain those skilled and valuable "assets".

TTFN,
CTC




To: freeus who wrote (39769)4/30/1998 8:58:00 PM
From: Perry Ganz  Respond to of 176388
 
Amen