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Factory workers at Boeing have voted to accept a contract offer and end their strike after more than seven weeks, clearing the way for the company to restart idled Pacific Northwest assembly lines ...
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
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 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 ...
The strike is expected to deepen that financial hole. A 50-day work stoppage would cost Boeing $5.5 billion, investment bank TD Cowen said in a report reviewed by ABC News at the outset of the ...
More than 33,000 machinists employed by aerospace giant Boeing went on strike from September to November 2024.. It was the first strike by the International Association of Machinists and Aerospace Workers at Boeing since 2008; most of the striking workers were at the company's plants in Everett and Renton in the Seattle metropolitan area.
If they vote to strike, it would begin at 11:59 p.m. PT Thursday, or 2:59 a.m. ET on Friday. Voting continues until 6 p.m. PT Thursday, and the results of the vote should be known soon after that.
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.