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Market Chatter: Boeing Faces Potential Strike as Pacific Northwest Workers Consider Rejecting Tentative Deal
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Market Chatter: Boeing Faces Potential Strike as Pacific Northwest Workers Consider Rejecting Tentative Deal
Sep 11, 2024 1:32 PM

04:02 PM EDT, 09/11/2024 (MT Newswires) -- Boeing ( BA ) could face a possible strike on Friday if factory workers in Portland, Oregon, and the Seattle area vote for work stoppage and reject a tentative deal, Reuters reported Wednesday.

Workers are unhappy as they were looking for a bigger increase in wages along with other improvements, a key union negotiator reportedly said.

"We might see them vote this down and vote to go on strike," the International Association of Machinists and Aerospace Workers' district 751 president Jon Holden was quoted as saying.

"We did not hold back with an eye on a second vote," Boeing Commercial Airplanes Chief Executive Stephanie Pope said in a message sent to union-represented employees and seen by MT Newswires. "We do not want a strike because a work stoppage will hurt all of us, our customers, our suppliers, and our community."

International Association of Machinists and Aerospace Workers 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.)

Price: 161.36, Change: +1.29, Percent Change: +0.81

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