Boeing defence workers strike for first time in nearly 30 years: 32k machinists reject revised wage, retirement offer; last walkout was in 1996, lasted 99 days

Around 3,200 Boeing machinists in St. Louis initiated a strike after rejecting the company's revised contract offer, which included a 20% wage increase and boosted retirement contributions. This action, the first in almost three decades, impacts Boeing's defense and space division. The union, seeking a contract reflecting their critical role, last struck in 1996.

from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/6W1FLYP