PPRuNe Forums - View Single Post - Airbus boss warns company is 'bleeding cash'
Old 28th Apr 2020, 01:27
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tdracer
 
Join Date: Jul 2013
Location: Everett, WA
Age: 68
Posts: 4,407
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Originally Posted by wiggy
ATB...bet you are glad you are retired and out of this.....
Actually I decided that I was really glad last year - during the MAX fiasco. Morale in engineering - even among those uninvolved in the MAX - was really bad and I was glad to be far removed from it (still trying to figure where all those FAA types that allowed you to do whatever you wanted were before I retired, since I never encountered one)
I've been communicating with some of my friends that are still there and have been offered voluntary layoffs (that's the deal I took - if you take the voluntary layoff you get a severance payment of one week pay per year of service up to 26 weeks - plus any accumulated vacation - plus they extend your benefits (e.g. insurance) for 3 months - so you just take the layoff payout and then retire). I've been encouraging them to take it and get out while the going is good.
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