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The Boeing union strike follows a few years of strong gains for the labor movement. But labor’s leverage could narrow as the job market weakens in coming months.
Boeing strike appears increasingly likely, as union votes on contract. A work stoppage would begin Friday at 12:01 a.m. Pacific time if union members reject a deal that gave workers 25 percent pay ...
The total economic loss of the strike so far, according to its numbers, has been $7.64 billion — the biggest chunk being $4.5 billion lost from Boeing, $648 million of lost wages within the ...
Southwest exclusively uses Boeing 737s — planes made made in Renton, Washington, one of the sites now on strike by members of the International Association of Machinists and Aerospace Workers.
Last week, an overwhelming majority of Boeing's some 33,000 members of the machinist union — 94.6% to be exact — rejected the company's tentative contract and even more — 96% — voted to ...
The last strike, which took place in 2008, was a $1.2 billion hit to Boeing’s net income. This strike could be similarly costly if it continues for months, as has happened in past work stoppages ...
Boeing has been losing money for over five years and is now dealing with a strike that has shut down factories in the Seattle area. The staff cuts will include executives and managers, the CEO said.
Boeing Machinists Union members Dave Hendrickson, left, and Steven Wilson, right, on the picket line at the Renton assembly plant, Friday, Sept. 13, 2024, in Renton, Washington. (AP Photo/John ...
Boeing to lay off 2,200 Washington workers in coming months ... A strike sign is pictured outside a Boeing factory on Sept. 13, 2024 in Renton, Washington. (Stephen Brashear/Getty Images) ...
Boeing has a long way back to profitability, no matter how long the strike lasts. It is being limited in the rate it builds 737 Max jets, as the Federal Aviation Administration oversees efforts to ...
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