October 14, 2024

Workers

CNN -  A month-long strike at Boeing has cost the company and its workers nearly $5 billion, a new analysis shows. That massive tab highlights the difficulties facing the aircraft maker, once synonymous with American quality. Instead, it has faced a string of bad news in recent years, from fatal crashes to increased regulatory scrutiny to the strike by 33,000 workers that started on September 13 that ground operations to a near halt. Not a single plane has been worked on at the company's production facility in Everett, Washington, since the union members walked off the job, triggering the first strike at the company in 16 years. Boeing also announced last week it will be laying off 10% of its workforce — about 17,000 employees — over the next several months.

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