Boeing furloughs “large number” of its employees in wake of strike
Workers with strike signs outside the Boeing Co. manufacturing facility during a strike in Everett, Washington, U.S., on Friday, Sept. 13, 2024. M. Scott Brauer | Bloomberg | Boeing will furlough a “large number” of senior executives, managers and other…
Boeing halts hiring quota as part of comprehensive cost cuts to combat strikes
Workers with strike signs outside the Boeing Co. manufacturing facility during a strike in Everett, Washington, U.S., on Friday, Sept. 13, 2024. M. Scott Brauer | Bloomberg | Boeing announced sweeping cost cuts on Monday, including a hiring freeze, a…
American Airlines flight attendants ratify new contract with immediate pay increases of over 20%
Julie Hedrick, president of the Association of Professional Flight Attendants (right), announces a strike authorization outside Dallas-Fort Worth International Airport near Dallas on August 30, 2023. Shelby Tauber | Bloomberg | American Airlines The flight attendants agreed to a five-year…
Strike jeopardizes economic recovery and impacts aircraft production
Union members hold strike signs during a press conference following the vote count on the union contract at the main union hall of IAM District 751 in Seattle, Washington, USA, Thursday, September 12, 2024. M. Scott Brauer | Bloomberg |…
Boeing threatens strike as workers vote on new collective agreement
On June 25, 2024, a Boeing 737 MAX aircraft will be assembled at the Boeing Renton plant in Renton, Washington. Jennifer Buchanan | Afp | Getty Images Boeing Workers will vote on a new labor contract on Thursday, raising the…
Mynaric MYNA shares plummet after drastic cut in sales forecast and departure of CFO
A representation of the company’s laser communications system on orbiting satellites. Mynaric Space inventory Mynaric collapsed in trading on Tuesday after the company announced drastic cuts to its previous sales forecast and the departure of its chief financial officer. Germany-based…
