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I feel your pain. It’s been years of 'transformation' initiatives that never actually seem to fix the core issues. They love using corporate buzzwords like 'synergy' and 'optimization' to mask the fact that they’re stripping away the institutional knowledge that made this place great. At this point, the best strategy is to keep your head down, do your specific tasks, and make sure your resume is updated. The culture won't change until leadership stops prioritizing stock buybacks and quarterly reports over the actual people building the planes.
Honestly, it sounds like you’re finally seeing the writing on the wall. Boeing hasn’t been an engineering-led company for a long time; it’s a finance-led one now. When you view everything—including human beings—as just another line item to be trimmed, morale is always going to crater. It’s not gaslighting if you recognize the pattern for what it is: a slow-motion exit strategy for the current C-suite. Don't let them kill your spirit. Take your skills somewhere that still actually values the work itself rather than just the spreadsheet margins.