Boeing shares fall after workers reject latest offer | KSL.com

Boeing shares fell 4% in U.S. pre-market trading on Thursday after workers voted to extend a nearly six-week-old strike, throwing fresh uncertainty over the company's efforts to stabilize …

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Boeing Shares Fall After Workers Reject Latest Offer | KSL.com

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Boeing shares fell 4% in U.S. pre-market trading on Thursday after workers voted to extend a nearly six-week-old strike, throwing fresh uncertainty over the company's efforts to stabilize …

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Boeing Factory Workers Vote To Accept Contract And End More Than …

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Nov 5, 2024 · “We believe asking members to stay on strike longer wouldn’t be right as we have achieved so much success.”The average annual pay of Boeing machinists is currently $75,608 …

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Boeing Workers Will Vote On A New Contract Offer To End 7-week …

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Nov 1, 2024 · The strike began Sept. 13 when more than 94% of workers voting rejected an offer of 25% over four years. Last week, 64% shot down a proposal to raise general wages by 35% …

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Boeing Factory Workers Strike After Rejecting Contract - NBC News

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Sep 13, 2024 · The workers voted 96% in favor of a strike, far more than the two-thirds vote required for a work stoppage. “We strike at midnight,” said IAM District 751 President Jon …

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Vote To Continue Strike Exposes Boeing Workers’ Anger Over Lost ...

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Oct 24, 2024 · The extension of the six-week-old strike plunges Boeing — which is already deeply in debt and lost another $6.2 billion in the third quarter — into more financial danger. The …

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FAQs about Boeing shares fall after workers reject latest offer | KSL.com Coupon?

When could Boeing workers go on strike?

If the union formally rejects the contract next weekend, workers could go on strike as soon as August 1, following a seven-day waiting period in the current contract. The bargaining committee with the union has disapproved of Boeing’s latest contract proposal. ...

Why did Boeing refuse to pay strikers?

The deal includes a 38 percent wage increase over four years, and ratification and productivity bonuses. However, Boeing refused to meet strikers’ demand to restore a company pension plan that was frozen nearly a decade ago. READ MORE: Boeing factory workers hold contract vote that could end their 7-week strike ...

Could Boeing workers strike over contract impasse in St Louis?

Thousands of Boeing workers in the St. Louis region could go on strike in the upcoming weeks due to a potential contract impasse. The contract representing 2,500 Boeing workers around St. Louis is set to expire on July 25. Those workers are members of the International Association of Machinists and Aerospace Workers (IAM) District 837 union. ...

Why did Boeing reject a first contract?

The rejection of Boeing's offer, which comes after 95% of workers voted against a first contract last month, reflects years of resentment from workers who felt cheated by the company in talks a decade ago and deepens a financial crisis. ...

Will Boeing reopen production after 7 weeks?

SEATTLE (AP) — Factory workers at Boeing voted to accept a contract offer and end their strike after more than seven weeks, clearing the way for the aerospace giant to resume production of its bestselling airliner and generate much-needed cash. ...

What happened at a Boeing plant in Renton?

Boeing workers from the International Association of Machinists and Aerospace Workers District 751 gather on a picket line near the entrance to a Boeing production facility on the day of a vote on a new contract proposal during an ongoing strike in Renton, Washington, U.S. October 23, 2024. ...