Tens of thousands of Boeing workers rejected a new contract and voted to strike, marking the first walkout in 16 years, as the IAM reported a 94.6% rejection rate.
Boeing CEO Kelly Ortberg warned that the strike would jeopardize the company’s recovery, as the manufacturer faces pressure to offer better terms amid ongoing quality issues.
S&P Global Ratings indicated that a prolonged strike may delay Boeing's recovery and negatively impact its credit rating, with key production targets at stake.
IAM District 751 represents over 30,000 Boeing workers, making this vote significant in shaping the future production landscape and labor relations within the company.
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