The average tenure of a Boeing (BA) engineer has dropped over the past ten years from 16.4 years to 12.6 years as workers contrast the company’s turmoil with the allure of space companies’ exciting goals, the Financial Times’ Claire Bushey reports, citing data from the Society of Professional Engineering Employees in Aerospace. Tenure decreased in almost every age bracket and the risk of this “brain drain” as analyst and union officials have called it, is that it drags on current operations and could make it more difficult for Boeing to launch its next new plane.( Reference Link):(https://www.ft.com/content/5dea45ef-25c7-4b5c-ad8a-9984ec66bf53)
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on BA:
- Deutsche sees big future for advanced aircraft, more challenging for F-35
- Investors Shouldn’t Bank on Boeing’s Swift Recovery
- Boeing (NYSE:BA) Bullish on 2025
- Boeing (NYSE:BA) Loses CIO, Makes Inroads With Brazilian Airline
- Boeing (NYSE:BA) Ready to Ramp Up 737 Max Production
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.