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Boeing enters $10 billion credit agreement as striking workers bleed company
Boeing entered the agreement as it fights with striking workers costing the company roughly $1 billion a month.
Hundreds of Boeing workers rally in Seattle as strike enters second month
By Joe Brock and Matt McKnight SEATTLE (Reuters) -Boeing factory workers held a large rally in Seattle on Tuesday to demand a better wage deal, mounting pressure on new CEO Kelly Ortberg to end a bitter strike that has plunged the planemaker further into financial crisis.
Boeing strike has already cost the company and workers $5 billion, new analysis shows
The multi-billion-dollar tab highlights the difficulties facing the aircraft maker, once a byword for American quality.
Negotiations stall between Boeing and union workers after four weeks on strike
The latest offer included a 30% raise, which was 5% more than its last offer, and a restoration of its performance bonus.
Boeing Factory Workers to Rally in Seattle as Strike Enters Second Month
SEATTLE - Boeing factory workers will hold a large rally in Seattle on Tuesday to demand a better wage deal, mounting pressure on new CEO Kelly Ortberg to end a bitter strike that has plunged the troubled planemaker further into financial crisis.
Boeing is raising $10 billion as it deals with striking workers and thousands of job cuts
Boeing announced it has entered a credit agreement with four banks to raise $10 billion as a mass strike enters its fifth week.
Boeing lays off 10% of workforce as strike enters fifth week
Boeing's new CEO Kelly Ortberg announced the company will layoff 17,000 employees in the coming months as machinists remain on strike.
Boeing to Slash 17,000 Jobs Amid Ongoing Worker Strike
Boeing is facing significant financial strain as a worker strike continues into its fifth week, halting production at its aircraft manufacturing facilities. The aerospace giant has now announced a drastic reduction of its workforce,
Boeing strike enters second month, costs company more than $1 billion
The strike by 33,000 Boeing machinists has entered its second month. Economic experts estimated the company has lost more than $1 billion since the walkout began. The strike, which started in September,
Opinion
3d
on MSN
Opinion
Opinion | The Machinists Take Boeing Hostage
The 62% pay increase recently won by East and Gulf Coast longshoremen may have emboldened the machinists to hold out for more ...
1d
on MSN
Boeing to send pink slips to thousands of workers within weeks as January layoffs loom: report
Boeing will be sending out thousands of layoff notices after CEO Kelly Ortberg last week announced the company would be ...
Futurism
1d
Boeing to Lay Off 17,000 Workers As Crisis Deepens
Boeing announced plans to fire 10 percent of its workforce, and will start sending out thousands of layoff notices in the ...
AeroTime
1d
Boeing to issue layoff notices to thousands of workers in November 2024
Boeing plans to issue layoff notices to thousands of workers in November 2024, meaning those employees will leave the company ...
1d
Boeing is about to send thousands of pink slips
Boeing (BA) is about to start the countdown clock on 10% of its workforce losing their jobs. Reuters reports that the company ...
KAKE.com
8d
IAM International President stands in solidarity with Textron Aviation strikers
International Association of Machinists and Aerospace Workers President Brian Bryant stood in solidarity with local ...
1d
Boeing prepares layoff notices for thousands of workers as turmoil deepens
Oct 14 (Reuters) - Thousands of Boeing staff will get layoff notices within weeks, a union and industry sources said, as a ...
KHQ
22h
Washington state lawmakers urge Boeing and machinists to reach contract agreement amid ongoing strike
U.S. Senators and Representatives from Washington state have issued a letter urging Boeing and the International Association of Machinists and Aerospace Workers (IAM) to reach a contract agreement ...
KFDI
4d
Machinists union presents revised contract proposal to Textron
Share on Facebook Share on Twitter The International Association of Machinists and Aerospace Workers said Friday it has ...
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