Boeing’s CEO tells staff to stop ‘bitching by the water cooler’ and focus on beating Airbus

Published On Nov 21, 2024, 4:45 PM

Boeing's CEO Kelly Ortberg recently urged employees to cut down on complaining and concentrate on outperforming rival Airbus. While addressing ongoing internal issues, he emphasized that the company has faced numerous challenges, including lawsuits, production delays, and layoffs, which have tarnished its reputation. Ortberg highlighted a need for improved company culture and accountability, stating that the focus should shift towards enhancing performance and competitive edge against Airbus, which is currently enjoying a stronger operational status.

Stock Forecasts

Given the recent internal changes at Boeing and the push towards a more focused and performance-oriented culture under CEO Ortberg, the potential for recovery and improvement in operational performance exists. However, ongoing challenges with lawsuits and delayed deliveries may hinder short-term growth. The company still needs to regain the confidence of major clients and address internal issues effectively.

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