Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Eugene

(62,626 posts)
Mon Oct 14, 2024, 02:35 PM Oct 14

Acting US Labor Secretary intervenes in Boeing standoff with union

Source: Reuters

Acting US Labor Secretary intervenes in Boeing standoff with union

Allison Lampert, David Shepardson, Tim Hepher
Updated Mon, October 14, 2024 at 2:50 PM EDT 4 min read

(Reuters) -U.S. Acting Labor Secretary Julie Su flew to Seattle on Monday to try to ease a Boeing machinists strike, as thousands of employees face layoffs and a major airline reacted with alarm to the planemaker's deepening turmoil.

Su's first in-person intervention, reported by Reuters and confirmed by the Labor Department, comes days after Boeing - dealing with a crippling strike now in its fifth week - unveiled plans to cut 17,000 jobs and take $5 billion in charges, continuing a year of tumult for the company.

"Acting Secretary Su is meeting with both parties today to assess the situation and encourage both parties to move forward in the bargaining process," a spokesperson said.

While Su has previously spoken with Boeing and the union, it is her first time in Seattle meeting both sides in person, the spokesperson said.

-snip-

Read more: https://finance.yahoo.com/news/boeing-fine-tunes-job-cuts-123024058.html

1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Acting US Labor Secretary intervenes in Boeing standoff with union (Original Post) Eugene Oct 14 OP
Did you see... littlemissmartypants Oct 14 #1

littlemissmartypants

(25,116 posts)
1. Did you see...
Mon Oct 14, 2024, 03:31 PM
Oct 14

The subsequent article there?

"Boeing shares are not a buy yet."

Good grief! Talk about vulture capitalists...

SMDH!

Thanks for the post, Eugene.

❤️

Latest Discussions»Issue Forums»Omaha Steve's Labor Group»Acting US Labor Secretary...