financetom
Business
financetom
/
Business
/
Market Chatter: Boeing Expands Replacement Hiring Plan Against Worker Strike
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Boeing Expands Replacement Hiring Plan Against Worker Strike
Oct 3, 2025 4:55 AM

07:28 AM EDT, 10/03/2025 (MT Newswires) -- Boeing ( BA ) is expanding plans to replace striking St. Louis-area fighter jet and munitions workers with new hires through year-end, Reuters reported Thursday, citing an internal memo from Boeing ( BA ) Vice President Dan Gillian.

Roughly 3,200 members of the International Association of Machinists and Aerospace Workers District 837 have reportedly been on strike since Aug. 4.

The first group of replacement staff for munitions production and assembly mechanics begins training on Friday, while the company considers outsourcing some work to third parties, the news outlet reported.

Union officials called the move a bluff, saying that it takes weeks to months of training and that security-clearance delays can also take several months for defense roles, Reuters reported.

Boeing ( BA ) and IAM did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Intermap Reports $1 Million Program in Malaysia, Provides Other Business Updates
Intermap Reports $1 Million Program in Malaysia, Provides Other Business Updates
Mar 25, 2024
08:50 AM EDT, 03/25/2024 (MT Newswires) -- Intermap Technologies ( ITMSF ) , a global player in 3D geospatial products and intelligence services, said Monday that it has won a $1 million contract in Malaysia to enhance water resources management. Intermap ( ITMSF ) has secured more than $15 million under Malaysia's current basemap program and expects the awards to...
Boeing CEO to step down in management shakeup
Boeing CEO to step down in management shakeup
Mar 25, 2024
(Reuters) - Boeing Co ( BA ) CEO Dave Calhoun will step down by year-end, in a broad management shakeup brought on by the planemaker's sprawling safety crisis stemming from a January mid-air panel blowout on a 737 MAX plane. COMMENTARYROBERT PAVLIK, SENIOR PORTFOLIO MANAGER AT DAKOTA WEALTH They need more than just a shake-up at the CEO and the...
AbbVie to Acquire Landos Biopharma for About $137.5 Million
AbbVie to Acquire Landos Biopharma for About $137.5 Million
Mar 25, 2024
08:49 AM EDT, 03/25/2024 (MT Newswires) -- AbbVie ( ABBV ) and Landos Biopharma ( LABP ) have signed an agreement under which AbbVie ( ABBV ) will acquire the latter for $20.42 per share in cash, or roughly $137.5 million, the companies said Monday. The deal is anticipated to be completed in Q2, subject to regulatory approvals and approval...
Algoma Steel Provides Q4 Guidance; Announces Proposed Offer of US$350 Million of Senior Secured Second Lien Notes due 2029
Algoma Steel Provides Q4 Guidance; Announces Proposed Offer of US$350 Million of Senior Secured Second Lien Notes due 2029
Mar 25, 2024
08:52 AM EDT, 03/25/2024 (MT Newswires) -- Algoma Steel Group Inc. ( ASTL ) , down slightly in US premarket trade, on Monday provided guidance for its fiscal fourth quarter ending March 31, 2024. Q4 2024 total steel shipments are expected to be in the range of 445,000 to 460,000 tons and Adjusted EBITDA is expected to be in the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved