Oddbean

30,000 Boeing workers are poised for a potential strike. Here's what's at stake ========== 30,000 Boeing workers are set to vote on a tentative agreement with the IAM on September 12, 2024; the agreement includes a 25% raise over four years, but workers sought a 40% increase; a strike could begin as soon as September 13, 2024; Boeing's CEO Kelly Ortberg took over last month; Boeing carries nearly $60 billion in debt and has seen a 40% drop in share price in 2024; a strike could weaken Boeing's production and impact the U.S. economy, which Boeing contributes nearly $80 billion to annually; the IAM represents 33,000 workers in Washington, Oregon, and California; workers express frustration over compensation amid rising living costs and company mismanagement. #Boeing #Strike #Union #Iam #Labor #Economy #Ceo #Wages #Employment #Aerospace https://abcnews.go.com/Business/30000-boeing-workers-poised-potential-strike-stake/story?id=113616770