Boeing factory workers go on strike after rejecting contract offer
Aircraft assembly workers went on strike on Friday at Boeing factories in Washington, Oregon and California after union members overwhelmingly rejected a tentative contract that would have increased wages by 25 per cent over four years.
The work stoppage involving 33,000 machinists will not disrupt commercial flights immediately but was expected to shut down production of Boeing's best-selling airliners, presenting another setback for a company already dealing with a damaged reputation and financial losses.
Boeing stock was down 2.2per cent in morning trading, bringing its loss for the year so far to 38.9 per cent.
Boeing Machinists Union members Dave Hendrickson, left, and Steven Wilson, right, on the picket line at the Renton assembly plant, Friday, Sept. 13, 2024, i...