Boeing workers agree to new contract offer, concluding strike
The new offer delivers higher pay increases and a bolstered ratification bonus that would deliver each worker $12,000 if the union approves the deal, according to the International Association of Machinists and Aerospace Workers (IAM), the union representing 33,000 Boeing workers in Washington, Oregon and California.
Boeing workers vote to accept contract proposal, ending strike
The victory for the union — which secured 38 percent raises over four years and $12,000 bonuses for approving the pact — also puts Boeing’s new chief executive, Kelly Ortberg, in a better position to begin pivoting the company away from a cascade of ...
Boeing strike ends as workers vote to accept new pay offer
The strike at Boeing is over. West Coast factory workers voted to accept a new offer on pay that will see them get a 38% bump over four years.
Boeing Factory Workers Vote to Accept Contract and End More Than 7-Week Strike
Unionized machinists at Boeing voted Monday 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.
Boeing machinist union votes to accept contract, end strike
Boeing’s (BA) machinist union said in a statement: “33,000 frontline workers at Boeing, members of International Association of
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 factory strike ends as workers vote to accept contract
A strike by 33,000 Boeing factory workers is coming to an end. Union machinists voted on Monday to accept the company’s latest contract offer, which includes a 38% pay raise over four years.
Boeing Strike Ends As Machinists Accept New Contract
Nearly two months long strike at Boeing Co. has ended after a majority of around 33,000 frontline workers voted to approve a new
Boeing strike ends as machinists approve new contract
More than 32,000 Boeing machinists are getting back to work after their union signed off on a new contract. CNBC's Karen Gilchrist has all the details on Early Today.
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Boeing CEO Kelly Ortberg's Cost-Cutting Measures and DEI Team Layoffs
The global DEI department of Boeing has been dissolved as part of the revamp happening at the company under Kelly Ortberg, the new CEO.
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Boeing CEO releases statement after union ends 7-week strike with new contract approval
Boeing CEO Kelly Ortberg released a statement following the approval of a new contract by unionized workers, effectively ...
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Boeing in Turmoil: CEO Kelly Ortberg Unleashes Bold Turnaround Amid $6 Billion Loss Catastrophe!
Boeing is facing an unprecedented financial crisis as quarterly losses soar to a staggering $6 billion, pushing the company’s ...
Boeing posts staggering $6B loss as CEO calls for ‘fundamental culture change’
CEO Kelly Ortberg said Boeing is now reviewing its businesses and may end up selling some assets, as it downsizes its ...
Boeing CEO delivered ultimatum to Machinists. Union leaders believe him
New Boeing CEO Kelly Ortberg this week intervened directly in the negotiations with the Machinists and personally ...
Boeing's new CEO is taking on the ultimate management test
Boeing CEO Kelly Ortberg faces urgent challenges, including a worker strike. Experts say he should focus on communication, ...
Boeing is set to report earnings for first time under CEO Ortberg. Here's what Wall Street expects to hear
Boeing had released preliminary results earlier this month showing a big loss and $5 billion in charges across its defense ...
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Boeing said to be exploring sale of some of its space business
Boeing has some 17,000 workers in the St. Louis area, with heavy Defense, Space & Security operations. Boeing CEO Kelly ...
Boeing had a tough 24 hours, but with CEO Kelly Ortberg's turnaround plan, analysts remain hopeful
Boeing posted a huge loss and its striking union rejected a contract offer on Wednesday. A turnaround plan and a $500 billion ...
Boeing CEO: Time for Planemaker to 'Focus on Rebuilding the Business'
(Reuters) - Boeing CEO Kelly Ortberg urged 33,000 striking workers on Friday to vote to accept a new four-year contract deal ...
Boeing: Layoffs will go forward regardless of strike outcome
Boeing CEO Kelly Ortberg has promised to "re-focus" the company in hopes of returning to its days of engineering excellence.