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Boeing Just Lost $10 a Share -- and It Wasn't All Because of the Strike
On Monday, by a vote of 59% for and 41% against, the International Association of Machinists (IAM) voted to accept a new four-year contract from Boeing (NYSE: BA). Under the terms of the new contract,
Boeing to return lost pay to staff furloughed during strike, Seattle Times says
CEO Kelly Ortberg issued a message to staff who were furloughed during the machinists’ strike Thursday saying the company
Boeing strike ends as machinists accept contract offer with 38% pay increase
The contract promises a 38% pay increase over four years and an increased 401(k) match. The striking workers rejected two previous contract offers.
Boeing employees vote to end strike
Boeing President and CEO Kelly Ortberg has announced that the company is reducing its workforce by 10 percent. An ongoing strike by Boeing's biggest union, the International Association of Machinists and Aerospace Workers (IAM), is proving costly on several fronts for the company.
Boeing to refund lost pay to employees furloughed during Machinists strike
In a goodwill gesture to Boeing employees who were furloughed during the Machinists’ strike, new CEO Kelly Ortberg on Thursday afternoon sent out a message saying the company will return the pay they lost.
Boeing to repay furloughed staff, proceed with job cuts
Boeing CEO Kelly Ortberg said on Thursday that employees furloughed during a seven-week strike by factory workers would be repaid by the company for lost wages, but it would proceed with plans to cut about 10% of its global workforce.
Boeing CEO announces furloughed employees will be paid back
Boeing CEO Kelly Ortberg announced on Friday that employees who were furloughed during the strike will be repaid.
2d
The Boeing strike ends, United stock flies, and all about boarding planes: Airlines news roundup
United Airlines shares are doing really well. Boeing machinists finally voted to end their strike and approve a new union ...
5d
Boeing Factory Workers Vote To Approve Latest Contract Offer And End 7-Week Strike
The approved contract offer includes a 38% raise over the next four years, a ratification bonus of $12,000 and expanded 401(k ...
1d
Boeing workers secure big gains after strike, but the future for organized labor under Trump is uncertain
Despite the contentiousness of the strike and the company’s unwillingness to agree to all of the workers’ major demands, the Boeing strike – one of the most costly U.S. labor disputes in a ...
Newsweek on MSN
5d
Union Ends Strike, 'Happy Election Day! Boeing Workers Have a Contract!'
The X account Daily Union Elections posted in response "Happy Election Day! Boeing workers have a contract!" The Boeing ...
4d
Boeing Union Approves New Contract, Ending Costly Strike
About 33,000 workers at the aerospace manufacturer had been on strike for nearly two months, having rejected two earlier ...
4d
on MSN
Boeing machinists end long strike. Here's what they won in wages, bonuses
Deal locks in historic gains in pay and benefits that are substantially higher than the troubled company offered before the ...
Wyoming News
5d
Boeing's machinists strike is over, but the troubled aerospace giant still faces many challenges
SEATTLE — Factory workers at
Boeing
have voted to accept a contract offer and end their
strike
after more than seven ...
5d
Boeing Union Approves Contract, Ending Over 7-week Strike
Striking workers at Boeing approved a new contract proposal on Monday, ending a more than seven-week stoppage that had cost ...
The Western Journal on MSN
15h
Boeing 737 Destroyed by Fire After Emergency Landing
A Boeing 737 designed to haul cargo was destroyed in a fire Saturday after making an emergency landing. “Total Linhas Aereas ...
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