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Boeing Again Raises Offer To End Strike
New Boeing CEO to give clues on company's future, while striking workers vote on new contract
Boeing has already braced investors for a rough quarterly report. Now, new CEO Kelly Ortberg has the chance to share his vision for the troubled manufacturer, from a potential strike-ending labor agreement to a slimmed-down future.
Boeing: Strike vote will have no effect on planned layoffs
A simple majority of yes votes would end the strike, and send Machinists back to work. A no vote would extend the strike that has cost the company billions of dollars and led to Boeing launching a $21 billion stock share sale to avoid a credit downgrade.
Boeing Again Raises Offer to End Strike, Union to Vote Monday
"We encourage all of our employees to learn more about the improved offer and vote on Monday, November 4," Boeing said, noting that the average machinist will make $119,309 by the end of the contract if the offer is accepted, up from $75,608.
12h
Boeing dismantles global diversity, equity and inclusion department, Bloomberg News reports
Sara Liang Bowen, who was a vice president in the department, announced earlier in the day on LinkedIn that she had left the ...
7d
on MSN
Boeing and other strikes will take at least a 44,000-job bite out of the October jobs report
Striking workers will take at least a 44,000-job bite out of the October jobs report, according to new data released Friday.
Flightglobal
1d
Boeing sweetens offer to striking machinists
The International Association of Machinists and Aerospace Workers (IAM) says it will vote on Boeing's latest contract offer ...
3d
on MSN
Boeing to Raise up to $24.3 Billion to Shore up Finances, Stave off Downgrade
Boeing has never fallen below the investment-grade rating. The planemaker said it had priced its stock offering at $143 per ...
2d
Boeing, Machinists union hold ‘productive’ talks in attempt to end strike
Boeing and union leaders representing 33,000 striking workers held fruitful talks Tuesday, with the help of the Biden administration's top labor official, as they try to end a seven-week labor dispute ...
11d
on MSN
Striking Boeing workers set to vote on new contract offer. Will they approve it?
Last week,
Boeing
CEO Kelly Ortberg announced plans
to cut
17,000 jobs, which amounts to about
10%
of its global ...
11d
Boeing proposes 35% wage hike in tentative deal to end strike
The proposal includes a wage increase of 35% over four years. The potential breakthrough ends a lengthy impasse marked by ...
Scripps News on MSN
11d
Boeing machinists prepared to vote on new contract proposal
Boeing
's 787 Dreamliners are still being built at its non-union plant in South Carolina. The company has announced that it ...
1d
Boeing Dismantles Diversity Department, Bloomberg News Reports
(Reuters) - Boeing has dismantled its global diversity, equity and inclusion department, Bloomberg news reported on Thursday, ...
4d
Boeing launches offering of 90 million common shares, $5 billion depositary shares
The move will boost Boeing's battered finances, which have worsened since roughly 33,000 of its workers represented by the ...
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