Boeing Faces Major Q3 Loss Amid Ongoing Worker Strike

Reported about 1 month ago

Boeing factory workers have rejected the company's latest contract proposal, continuing their six-week strike that has interrupted production of key jetliners. The workers' vote revealed that 64% opposed the contract, primarily due to issues over wage increases and the restoration of a traditional pension plan. This strike coincides with Boeing reporting over $6 billion in losses for the third quarter, marking significant challenges for the company already grappling with safety concerns and investigations.

Source: YAHOO

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