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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. ... The Today Show.
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 ...
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.
A labor strike at Boeing showed no signs of ending Friday, as the walkout by 33,000 union machinists entered its eighth day and the company started rolling furloughs of nonunion employees to ...
With the strike hitting Boeing’s bottom line by as much as $1.8 billion thus far, the plane maker needs to make a deal soon. Boeing shares are already down an astounding 40% year to date.
By David Shepardson (Reuters) -A union representing about 33,000 striking U.S. West Coast factory workers said late on Tuesday it had met with Boeing for the first time since members voted down an ...
A strike of more than 30,000 Boeing workers who build planes in factories on the U.S. West Coast stretched into its fourth day on Monday, with company and union negotiators due to resume talks ...
The union representing Boeing factory workers who are currently on strike in the Pacific Northwest said contract talks “broke off” with the company after their latest bargaining session. In an ...