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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 furloughing thousands as negotiations continue with striking machinists
The furloughs are part of sweeping cost-cutting measures Boeing announced this week as it continues negotiations with striking machinists.
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.
6h
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 ...
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 ...
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 ...
1d
Boeing to Begin Temporary Layoffs Because of Strike
The aerospace giant said it would temporarily lay off tens of thousands of employees to stem losses from a walkout by the ...
10h
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 ...
5h
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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