Boeing Workers End Prolonged Strike After Securing Significant Pay Increases
Boeing workers have successfully concluded a seven-week strike following the ratification of a new labor contract that includes a substantial pay rise of up to 38%. The strike, which lasted 52 days, saw overwhelming support from machinists, with 59% voting in favor of the new agreement. This labor action is part of a broader trend of renewed activism among workers in the United States. The resolution of the strike is expected to restore production activities on key programs. Boeing has faced considerable financial impacts due to this work stoppage, with costs estimated at $9.6 billion.
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