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Pension Trap, Old Tech

Software Integrator
Current Employee
Has worked at Boeing for 4 years
June 25, 2016
Chicago, Illinois
2.0
Doesn't RecommendNegative OutlookDoesn't Approve of CEO
Pros

Good for Baby Boomers' pensions (until they lose it all; they just don't know about it yet).

Complexity of enterprise architecture.

Boeing is going through a radical transformation that will take years, if not a decade. Focus is on Go4Zero profit, accounting creativity, celebrating 40-50 years of service, retirement parties, and funerals.

Cons

Not a tech company. It is not even a manufacturer. They gutted R&D. Benefits are average. Too many old people (65+) who do not understand technology.

Advice to Management

Time to retire. You guys have extended your stay.

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