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More than 33,000 machinists employed by aerospace giant Boeing went on strike from September to November 2024. It was the first strike by the International Association of Machinists and Aerospace Workers at Boeing since 2008; most of the striking workers were at the company's plants in Everett and Renton in the Seattle metropolitan area. [2]
As the strike dragged on, new CEO Kelly Ortberg announced about 17,000 layoffs and a stock sale to prevent the company’s credit rating from being cut to junk status. S&P and Fitch Ratings said ...
A strike by about 27,000 machinists at Boeing over outsourcing, job security, pay, and benefits began September 7, 2008. [1] [2] [3] The union, International Association of Machinists, and Boeing appeared unwilling to compromise to settle the strike. The company had 3,700 jets on back order, which union members hoped would put pressure on ...
Allen declared the strike illegal and proceeded to have multiple lawsuits over the fact. The result of the strike set back Boeing with their orders about 1.25 billion dollars. Boeing was then forced to hire about 50,000 to make for lost time and pushing out orders. Most of the orders were for the government making B-47s, B-50s, and C-97s. [14]
An American Airlines flight departing New York's LaGuardia Airport on Thursday evening had to divert to nearby John F. Kennedy International shortly after takeoff after a reported bird strike ...
(Reuters) -The United States on Monday launched its third crackdown in three years on China's semiconductor industry, curbing exports to 140 companies, including chip equipment maker Naura ...
Later in 1937, during the Little Steel strike, approximately 8,000 striking steel workers were illegally fired from their jobs, more than 1,000 striking workers were arrested, and between 16 and 18 strikers were killed over the course of the strike, including 10 workers who were killed in an incident on Memorial Day that came to be known as the ...
Thousands of Amazon workers at the company's first-ever unionized warehouse voted to authorize a strike on Friday, claiming the tech giant has refused to recognize the union and negotiate a ...