Boeing strike: Workers not interested in 30% pay offer, union says
Published On Sep 25, 2024, 12:38 AM
Boeing's latest offer to striking workers includes a 30% pay raise over four years, alongside reinstated bonuses and improved retirement benefits. However, the union representing the workers, IAM, reports that members are largely uninterested in this offer, citing that it does not meet their demands and suggesting that they prefer a higher increase. The strikes have been ongoing since September 13, and this labor dispute poses significant financial risks for Boeing as unresolved strikes can lead to substantial losses for the company.
Stock Forecasts
BA
Negative
The ongoing strike and dissatisfaction within the union suggest that Boeing may face prolonged disruptions in its operations, which can impact its financial performance and stock price negatively.
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