Search results
Results From The WOW.Com Content Network
Hours before workers cast ballots on Wednesday, Boeing released an earnings report showing the company had lost a staggering $6.1 billion over the most recent quarter, even though most of that ...
Striking Boeing workers on the US West Coast will vote on an improved contract offer on Monday, which includes a 38% pay rise over four years and a bigger signing bonus, their union said on Thursday.
SEATTLE (Reuters) -Boeing U.S. West Coast factory workers are voting on an improved contract offer on Monday that could end a seven-week strike and restart jet production at the troubled planemaker.
The labor standoff — the first strike by Boeing machinists since an eight-week walkout in 2008 — was the latest setback in a volatile year for the aerospace giant.
The last Boeing strike, in 2008, lasted eight weeks and cost the company about $100 million daily in deferred revenue. A 1995 strike lasted 10 weeks. Show comments
The 2024 Boeing machinists strike was a labor strike by more than 33,000 machinists employed by aerospace giant Boeing from September to November 2024. It was the first strike by the International Association of Machinists and Aerospace Workers (IAM) at Boeing since the 2008 strike .
A prolonged strike could significantly impact Boeing's finances, as well as airlines and suppliers reliant on its jets. Analysts estimate a 50-day strike could cost Boeing $3bn to $3.5bn in cash flow.
The voting has closed for unionized factory workers at Boeing who were deciding Monday whether to accept a contract offer or to extend their strike, which has lasted more than seven weeks and shut ...