Boeing strike ends after labor union accepts contract offer, announces return to work
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Boeing's machinist union in Seattle has ended a nearly two-month strike after approving a new contract with a 38% raise over four years and bonuses. The workers will return to work following the agreement.
November 05, 2024 | 12:30 pm
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Boeing's machinist union in Seattle has ended a nearly two-month strike after approving a new contract with a 38% raise over four years and bonuses. The workers will return to work following the agreement.
The end of the strike is positive for Boeing as it resolves labor issues and allows production to resume, which is likely to have a positive short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 90