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Boeing, Furloughs and strike
The Boeing strike has already cost the company and its workers $572 million – and the pace of losses is climbing
The strike at Boeing by 33,000 members of the International Association of Machinists union, which reaches its seventh day today, has already cost the company and workers $572 million, according to an estimate from Anderson Economic Group.
Boeing stock sags despite Fed rally, company furloughs workers amid strike
Boeing may prevent its debt being downgraded to junk by issuing more stock, which would deal another blow to current shareholders.
Boeing begins layoffs amid labor union strike, controversy over CEO's home purchase: 'Very difficult time'
After Boeing workers went on strike Friday, new CEO Kelly Ortberg announced via email that "temporary furloughs" would be necessary to keep the company afloat.
Boeing, union resume talks
Boeing lays off thousands of executives, managers, non-union contractors amid strike
Boeing said Wednesday it is temporarily laying off tens of thousands of managers, executives and non-union contractors as the strike by 33,000 union members continues.
Talks Between Boeing, Striking Union Stall Without a Deal
FILE PHOTO: Boeing factory workers gather on a picket line during the first day of a strike near the entrance of a production facility in Renton, Washington, U.S., September 13, 2024. REUTERS/Matt Mills McKnight/File Photo
Boeing contract talks stall as strike nears one week
Boeing’s contract negotiations with its striking union fell apart Wednesday after both parties failed to agree on key issues.
7h
on MSN
Boeing strike: 'My $28-an-hour pay isn't enough to get by'
The employees are now in their second week of striking with no sign of any deal with Boeing management on the horizon. We ...
The Economist
10h
How much trouble is Boeing in?
Pay is at the centre of the latest dispute. Boeing offered its employees a 25% rise over four years; its workers are ...
2h
Have you been affected financially by Boeing’s strike? Tell us how
As part of our ongoing coverage of the Boeing Machinists strike, we want to hear from workers about how they have been ...
11h
on MSN
US transport chief says he's optimistic for Boeing labor resolution
U.S. Transportation Secretary Pete Buttigieg on Thursday said he believes both sides want to reach an agreement in the labor ...
3h
on MSN
Boeing Starliner astronauts will cast their votes from space
After NASA’s decision to keep them in space until 2025, Butch Wilmore and Suni Williams will now cast their votes more than ...
6h
on MSN
Boeing Spent Decades as an Engineering Marvel. It Has Fallen Hard.
Boeing’s failure to reach a labor agreement with its biggest union last week was just its latest misstep this year. It was ...
8h
on MSN
Boeing could lose billions if the strike doesn’t end soon
Investors are also upbeat after policymakers indicated more rate cuts are coming before the end of 2024. Fed Chairman Jerome ...
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