Striking Boeing workers are voting on a new contract offer as the company reports a $6 billion loss

Striking Boeing workers are voting on a new contract offer as the company reports a $6 billion loss

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Social Studies, Business

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The transcript covers the ongoing situation with Boeing workers voting on a new contract proposal after a six-week strike. The main issue is the lack of a traditional pension program, which has been a significant point of contention. The proposal includes a 35% wage increase, 401K contributions, and bonuses. Despite visible support for a no vote, opinions are split. Additionally, Boeing's new CEO addresses a $6 billion loss, emphasizing the need for cultural change and improved worker relations. Boeing plans to lay off 10% of its workforce. The vote results are expected later tonight.

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