this post was submitted on 13 Sep 2024
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Boeing workers overwhelmingly reject contract, prepare to strike (www.cnbc.com)
submitted 2 months ago by MicroWave to c/economics
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  • More than 30,000 Boeing workers, members of the company's biggest unionized group, were set to strike Friday after staff rejected a new labor contract and approved a strike with a 96% vote.
  • The work stoppage will halt production of most of the company's aircraft, including its best-selling 737 Max.
  • The strike is another costly blow to the company trying to increase output and improve its reputation.
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[–] voxthefox 4 points 2 months ago

Not to mention how strategic of a company Boeing is to the US military complex. US government is 100% not going to let Boeing just fold. Not sure if Biden is going to bust the strike due to optics with the upcoming election, but I doubt the administration from either party is going to play nice with the union once the election is done, which is unfortunate and short sighted.