Boeing strike: 'My $28-an-hour pay isn't enough to get by'

Published On Sep 19, 2024, 11:56 AM

More than 30,000 Boeing workers are currently on strike due to dissatisfaction with a rejected deal that would have increased their pay but taken away bonuses and pensions. The workers cite high inflation and the rising cost of living, which are making their current wages unsustainable. The strike is already costing both workers and shareholders significantly, with losses estimated to be over $440 million. Boeing has not commented extensively on the strike but has indicated attempts to reset its relationship with workers. This strike could threaten Boeing's recovery and reputation, given its recent financial struggles and safety issues.