By David Koenig Blue-collar workers from Boeing walked picket lines in the Pacific Northwest instead of building airplanes on Friday after they overwhelmingly rejected a proposed contract that would have raised their wages by 25% over four years. The strike by 33,000 machinists will not disrupt airline flights anytime soon, but it is expected to shut down production of Boeing’s best-selling jetliners, marking yet another setback for a company already dealing with billions of dollars in financial losses and a damaged reputation. The company said it was taking steps to conserve cash while its CEO looks for ways to come up with a contract that
The post Boeing works to conserve cash as 33,000 factory workers go on strike appeared first on HBCU News.