The Boeing Company has announced its latest round of layoffs, handing termination notices to 438 employees in the process.
Boeing Workers Strike
Boeing repay furloughed workers during 53-days strike, yet moves ahead with 10% workforce cuts despite new union deal with 38% pay raise.
Union workers at Boeing voted Monday to accept the company’s latest contract offer, ending the longest and costliest US strike in over 25 years.
Boeing and its machinists’ union workers reached a new offer aimed at increasing pay and potentially ending a nearly seven-week strike, with union members set to vote on the proposal Monday (November 4, 2024).
Boeing union workers rejected the company’s latest contract proposal, extending a strike that has paralyzed production for over a month.
Boeing striking machinists and workers will vote Wednesday on a new contract proposal negotiated with assistance from U.S. Labor Secretary.
Boeing revealed extensive cost-cutting initiatives on Monday in response to a massive strike involving over 30,000 factory workers.
The machinist’s strike at Boeing, which began on September 13, poses a significant risk to the company’s financial recovery and production goals.
Boeing faces a major production setback as 96% of its US West Coast factory workers voted to strike on Thursday.