Boeing Chief Executive Kelly Ortberg told employees the once mighty manufacturer has serious culture problems and can’t afford another mistake. Ortberg, who took over in August, offered a blunt assessment of the troubled aircraft maker’s situation in an hour-long, companywide meeting on Wednesday. “We spend more time arguing amongst ourselves than thinking about how we’re going to beat Airbus ” Ortberg said at an all-hands meeting, according to a recording reviewed by The Wall Street Journal.
Sharon Terlep is a Mint Author at The Wall Street Journal. She focuses on consumer products, with a strong background in aviation and aerospace, covering topics such as airlines and business leaders. Sharon's work has been featured in MarketWatch, El Paso Inc., Yahoo Finance, LiveMint, OPB, and Yahoo News.