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Boeing Strike Ends with Pay Raise

Boeing employees end a seven-week strike after accepting a pay raise, resolving a major labor dispute and addressing ongoing financial challenges.

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BoeingInternational Association Of Machinists And Aerospace Workers (Iam)United Airlines

What was the outcome of the Boeing employee strike?: Boeing employees in Seattle have ended their seven-week strike after accepting a revised pay offer from the company. The deal includes a 38% pay raise over four years and bonuses.
What is the significance of Seattle in Boeing's operations?: Seattle is a crucial location for Boeing's operations, housing two of the company's primary production facilities. The strike's resolution is vital for the region's economy.
What were the financial consequences of the strike for Boeing?: The strike, involving approximately 33,000 workers, significantly impacted Boeing's finances, contributing to its largest quarterly loss since the COVID-19 crisis. The loss amounted to $6.2 billion.
What percentage of employees voted to accept the new pay offer?: 59% of Boeing employees voted in favor of the improved pay offer. Two prior proposals were rejected by the workforce.
What factors have contributed to Boeing's recent financial difficulties?: Boeing's financial struggles stem from various factors including two fatal 737-MAX crashes, a fine for a plane part malfunction, and setbacks in its space division's Starliner program. These issues have led to the company's decision to cut 17,000 jobs.

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Dutch Pharmacists' Assistants Strike Again Over Wages

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Dutch Pharmacies to Close for Two-Day Strike

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