In a significant labor dispute, over 30,000 Boeing workers, including machinists, have begun a strike after overwhelmingly rejecting a proposed contract, which included a 25% pay increase over four years. This marks the first strike in 16 years for Boeing employees. The situation is compounded by Boeing's financial troubles, leading the company to freeze hiring, pause executive raises, and consider furloughs amid expected losses from the strike which could reach $3.5 billion. As negotiations are set to resume, both sides face pressures: the union claims Boeing is not negotiating in good faith, while the company is planning potential job cuts and has already started furloughing employees. The strike highlights the growing tensions within the company and the changing landscape of labor relations in an industry once seen as a stable employer.