✉news BusinessLabor first seen 1 h ago, last 1 h ago, peak #33
Boeing Avoids Strike as SPEEA Engineers Approve New Contracts
Original: Boeing Avoids Strike as SPEEA Engineers and Technicians Approve New Contracts
Boeing has avoided a strike after SPEEA, the union representing its engineers and technical workers, approved new labor contracts. The vote removes the threat of a work stoppage that would have added to the aerospace company's production and financial pressures. Details of the contract terms and vote margins have not been widely reported, but approval means both worker groups will remain on the job under the new agreements.
Why now: A strike at Boeing would have deepened the company's ongoing production and financial troubles, so union approval is significant news.
Evidence
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