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Boeing Machinists Have Ended Their 7-Week Strike
Boeing Just Lost $10 a Share -- and It Wasn't All Because of the Strike
How big were those losses? If we subtract the $3 billion in charges for the 777X and 767 programs from the $4 billion total loss at the commercial airplanes division, this implies the strike cost Boeing $1 billion in Q3 from sales lost during the strike. This further implies that strike-related losses will cost Boeing another $2 billion in Q4.
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
instituted rolling furloughs in September ...
Boeing Machinists Have Ended Their Seven-Week Strike
Striking Boeing machinists started returning to work on Wednesday after voting for a new contract with substantial wage increases. The 33,000 Seattle-area machinists voted 59 percent to accept, just two weeks after two-thirds of them voted to reject a slightly worse contract.
2d
on MSN
Boeing's strike is over. Now, the hard work starts to turn things around.
CEO Kelly Ortberg has a four-point plan to improve Boeing. Ending the strike is a start, but analysts say it will take time ...
4d
Boeing’s Strike Is Over. Its Problems Are Not.
The aerospace manufacturer and its new chief executive face a daunting to-do list, including improving quality and increasing ...
1d
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 ...
The Associated Press - Business News on MSN
4d
Boeing’s machinists strike is over but the troubled aerospace giant still faces many challenges
The deal includes pay raises of 38% over four years, and ratification and productivity bonuses. Boeing refused to meet a ...
4d
After Boeing strike, CEO must tackle deep rifts in the company
Ending the strike only stemmed the bleeding at Boeing. Now, CEO Kelly Ortberg, just three months into the job, is faced with ...
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 vote to accept labor contract, ending 7-week strike
Boeing
's 33,000 unionized machinists on Monday voted to approve the plane manufacturer's latest contract offer, ending a ...
Axios on MSN
2d
How Julie Su negotiated the end of the Boeing strike
While the world braced for the election earlier this week, acting labor secretary Julie Su was busy solving another crisis — ...
4d
on MSN
Boeing workers vote to accept contract proposal, ending strike
Approval of the deal with 38 percent raises over four years is a key step toward recovery after Boeing suffered billions in ...
4d
Boeing Union Votes to End Strike
Machinists are set to return to work after ratifying a contract with a 38% pay raise.
1d
The role of the Biden administration in the Boeing sellout
The real focus of the Biden administration has always been to ensure “Boeing’s future as a critical part of America’s ...
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