Economic analysts estimate the company is losing millions of dollars each day the strike continues.
EVERETT, Wash. — The strike by 33,000 Boeing machinists has entered its second month.
Economic experts estimated the company has lost more than $1 billion since the walkout began.
The strike, which started in September, has brought production to a standstill at Boeing’s Seattle-area factories. Boeing, which has already lost more than $25 billion since 2019, burned through $1.3 billion in the third quarter, according to its preliminary financial reports.
The company announced plans to lay off 17,000 workers, approximately 10% of its workforce, and discontinue production
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