Boeing factory workers strike for first time since 2008 after overwhelmingly rejecting contract
Publishing timestamp: 2024-09-13 04:31:54
Summary
More than 30,000 Boeing workers went on strike after rejecting a new labor contract, halting production of the company's bestselling aircraft. The strike is costly for Boeing and could impact airplane deliveries and production. Credit-ratings agencies warned of potential downgrades, and the strike could have a significant financial impact on the company. CEO Kelly Ortberg's efforts to avoid the strike were unsuccessful, and the company is now focused on negotiating a new deal with the workers.
Sentiment: NEGATIVE
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Source: https://www.cnbc.com/2024/09/13/boeing-workers-strike-reject-contract.html