Boeing Seeks to Avoid Union Strike Amid Tentative Agreement

Reported about 1 month ago

Boeing has reached a tentative agreement with labor unions representing 33,000 workers, including a proposed 25% pay increase over four years. Analysts view this as a potential positive for Boeing's stock and a significant early victory for the new CEO, Kelly Ortberg, as the company aims to sidestep a looming strike before the current contract expires on September 12.

Source: YAHOO

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