Boeing’s seven-week strike has come to a dramatic conclusion as thousands of its workers accepted a new contract that promises significant improvements. The resolution ends one of the most disruptive industrial actions in recent history for the aerospace giant, allowing production at Boeing’s key facilities in the Pacific Northwest to resume. The new agreement was […]
Boeing and the International Association of Machinists and Aerospace Workers (IAM) have struck a tentative agreement that could end the ongoing strike affecting over 33,000 workers. The deal, which includes a significant 35% wage increase over four years, comes as Boeing faces mounting pressure to stabilize its production facilities in Washington and Oregon. The labor […]
Boeing is considering temporary layoffs as part of sweeping cost-cutting measures to manage cash flow during a strike by the International Association of Machinists and Aerospace Workers (IAMAW). Approximately 33,000 Boeing employees have been picketing since last week, following a rejection of the company’s proposed 25% wage increase over four years, as the union demanded […]
Boeing’s stock has taken a steep nosedive following a strike by 33,000 members of its largest labour union, the International Association of Machinists and Aerospace Workers (IAM). The machinists voted overwhelmingly to reject Boeing’s proposed four-year contract, triggering the first strike in over a decade. This development could spell significant trouble for the aerospace giant, […]