Boeing machinists end long strike. Here's what they won in wages, bonuses
Deal locks in historic gains in pay and benefits that are substantially higher than the troubled company offered before the strike began.
What’s next for Boeing’s production and finances as workers end seven-week strike?
Boeing's workforce agrees to a new labour contract, ending a 53-day strike and marking a turning point for CEO Kelly Ortberg's plans to rebuild operations.
Boeing 'adds another check' to turnaround list as worker strike ends
“While the strike ending and workers returning to the shopfloor is a meaningful step in the right direction, ramping [production] back up will take time," Bank of America Global Research analysts said, maintaining their Neutral rating on the stock with a price target of $170.
Boeing machinists reject new labor contract, extending more than 5-week strike
Boeing machinists walked off the job on Sept. 13 after overwhelmingly rejecting an earlier proposal. The labor deal includes 35% raises, a $7,000 ratification bonus, increased 401(k) contributions and other changes.
Boeing's crippling strike to end as workers green-light deal
Boeing Co. workers voted to accept a new labor contract and end a strike that’s crippled jetliner production for 53 days, clearing a major obstacle for the US planemaker to restore its operations and finances.
Boeing strike continues as workers reject 35% pay raise proposal
Boeing workers rejected a 35% pay rise offer, extending the strike that began in September. CEO Kelly Ortberg outlines recovery plans amid $6 billion losses.
Boeing union members react to end of strike vote
Boeing union members in Seattle on Nov. 4 shared mixed feelings after a majority voted in favor of a deal, ending a two-month strike.
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 Workers Accept New Contract Offer, End Strike
Boeing workers voted to accept a new labor contract and end a strike that’s crippled jetliner production for more than seven weeks. Some 59% of union members voted in favor of the accord, according to the International Association of Machinists and Aerospace Workers district representing the some 33,
Boeing employees vote to end strike
Boeing machinists have ended their weeks-long strike, amid signs that the work stoppage had begun denting U.S. jobs numbers — and just a day before the country votes for its next president. After rejecting a previous contract offer,
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.
After Boeing strike, CEO must tackle deep rifts in the company
Ending the strike only stemmed the bleeding at Boeing. Now, CEO Kelly Ortberg, just three months into the job, is faced with ...
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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 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.
Boeing workers agree to new contract offer, concluding strike
Boeing machinists voted by 59% to accept the contract and end the strike. "While the past few months have been difficult ...
Boeing CEO Kelly Ortberg: We really need to embark on a culture change
Boeing CEO Kelly Ortberg joins 'Squawk on the Street' to discuss the company's quarterly earnings results, the challenges ...
Boeing Needs to Settle Its Strike — Now
CEO Kelly Ortberg desperately needs to ramp up production, but he can’t do anything until he mollifies angry union members.