Boeing faces strike of about 32,000 workers

Published On Sep 3, 2024, 2:15 PM

Boeing is facing a potential strike involving about 32,000 workers from the International Association of Machinists union if a new contract agreement is not reached by September 12. The union's members have overwhelmingly voted in favor of a strike authorization. The union is seeking better wages and retirement benefits, while Boeing expresses confidence in reaching a deal that balances employee needs with business realities. The company has been struggling with quality control issues and leadership changes, contributing to a significant drop in its stock price this year.