Reported about 5 hours ago
A recent analysis reveals that the ongoing strike by 33,000 Boeing workers has already resulted in nearly $5 billion in losses, affecting not only the company but also its suppliers and customers. Boeing's production has ceased since the strike began on September 13, 2024, with significant financial repercussions spilling over to Seattle-area businesses. CEO Kelly Ortberg acknowledged the challenges facing the company, as it will lay off 10% of its workforce amid this crisis. Although negotiations with the union have stalled, both sides express a desire to reach a resolution.
Source: YAHOO