Boeing Sweetens Deal With 38% Wage Hike, $12K Bonus And More To End 7-Week Strike: Vote Set For Monday
Portfolio Pulse from Benzinga Neuro
Boeing has proposed a new contract to end a 7-week strike, offering a 38% wage increase and a $12,000 bonus. The strike has cost Boeing $2 billion and affected production. The proposal will be voted on Monday.
November 01, 2024 | 7:17 am
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Boeing has proposed a new contract to end a 7-week strike, offering a 38% wage increase and a $12,000 bonus. The strike has cost Boeing $2 billion and affected production. The proposal will be voted on Monday.
The resolution of the strike could stabilize Boeing's production and financial situation, potentially leading to a positive short-term impact on its stock price. The stock has already seen a 2.77% increase in after-hours trading.
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