Loading...
Market
Story
Boeing's 33,000 Seattle Workers Vote 96% to Strike After Rejecting Contract
Sep 13, 2024, 07:03 AM
Boeing's U.S. West Coast factory workers have voted overwhelmingly to reject a proposed contract, with 96% voting in favor of a strike. The strike, set to begin at midnight on Friday, will involve more than 33,000 union members, primarily from the Seattle area, and is the first at Boeing in 16 years. The rejected contract included a 25% pay increase over four years. The work stoppage will halt production of Boeing's strongest-selling jets, including the 737 MAX, as the embattled company grapples with chronic output delays and mounting debt. Boeing has expressed readiness to return to negotiations to reach a new agreement. The workers are represented by the International Association of Machinists and Aerospace Workers (IAM).
View original story
Similar markets
Stock price increases by more than 10% • 25%
Stock price decreases by more than 10% • 25%
Stock price remains within ±10% • 25%
Other • 25%
Yes • 50%
No • 50%
Increase by more than 5% • 25%
Increase by less than 5% • 25%
Decrease by less than 5% • 25%
Decrease by more than 5% • 25%
Strike ends with agreement • 25%
Strike continues into 2025 • 25%
Government intervention • 25%
Other resolution • 25%
Strike continues • 25%
Strike ends with new contract • 25%
Strike ends without new contract • 25%
Strike ends with partial agreements • 25%
Less than $1 billion • 25%
$1 billion to $2 billion • 25%
$2 billion to $3 billion • 25%
More than $3 billion • 25%
No significant impact • 25%
Decrease of less than 5% • 25%
Decrease of 5% to 10% • 25%
Decrease of more than 10% • 25%
Revenue decreases by more than 10% • 25%
Revenue decreases by 5-10% • 25%
Revenue decreases by less than 5% • 25%
Revenue increases or remains stable • 25%
Increase by more than 10% • 25%
Increase by 0-10% • 25%
Decrease by 0-10% • 25%
Decrease by more than 10% • 25%
Union accepts new contract offer • 25%
Union accepts same contract offer • 25%
Strike continues into 2025 • 25%
Other • 25%