Is it time for the Boeing Company to throw in the towel?
15.10.2024 - 22:25 / travelpulse.com / Rich Thomaselli
After a month-long standoff between the Boeing Company and its striking machinists comes a new twist.
Oh, the strike by some 33,000 workers still unfortunately continues. But now the airplane manufacturer has made a key strategic move.
Boeing has filed an unfair labor practice charge against the union representing the workers.
The charge was filed late Thursday night. It was made with the National Labor Relations Board.
Specifically, Boeing said the union has bargained in bad faith and has accused the union of not passing along all information or misinformation to its employees.
The workers, based mostly on the West Coast, are represented by the International Association of Machinists and Aerospace Workers.
The company claimed the union had engaged in a "pattern of bad faith bargaining, and of issuing misinformation to its members about the status of negotiations."
Boeing said it can weather the storm, but one analyst projected that the company lost $570 million in the first week of the strike last month.
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Is it time for the Boeing Company to throw in the towel?
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This as-told-to essay is based on a conversation with Cherie Luo, a content creator and entrepreneur. Luo spent 5 years working in tech in Silicon Valley. She graduated from Stanford Graduate School of Business in June. Business Insider has verified her employment and education history. The following has been edited for length and clarity.
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