The strike at Boeing continues! Boeing machinists voted against a proposed labor deal that included a 35% wage increase over four years.
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00:00The strike at Boeing continues.
00:02Boeing Machinist voting against a proposed labor deal
00:05that included a 35 percent wage increase over four years.
00:1064 percent rejected the offer,
00:13extending a strike that has now lasted more than five weeks
00:17and has halted most of Boeing's aircraft production
00:20in the Seattle area.
00:21This adds to Boeing's turbulent financial struggles
00:25as the company recently reported a $6 billion quarterly loss
00:29and warned that it will continue to burn cash through 2025.