Boeing Contract Dispute Heats Up

Before you go, we thought you'd like these...
Before you go close icon

Union leaders aren't happy with Boeing's (NYS: BA) proposed contracts for its engineers and technical workers, and have floated the suggestion of work slowdowns to make sure the company gets the message.

In a Wall Street Journal article yesterday, Ray Goforth, executive director of the Society of Professional Engineering Employees in Aerospace, is quoted as saying that engineers could begin slowdowns "within days." Although the initial numbers would be in the dozens, Goforth warned that hundreds of Boeing's 22,000 engineers and technicians could join the movement, the Journal reported.

Boeing currently has 671 net orders for 2012 from 24 customers, according to its website, with 99% being for the 737.

The article Boeing Contract Dispute Heats Up originally appeared on Fool.com.

Fool contributor Justin Loiseau has no material interest in any companies mentioned in this article. You can follow him on Twitter, @TMFJLo, and on Motley Fool CAPS, @TMFJLo.The Motley Fool has adisclosure policy.
We Fools may not all hold the same opinions, but we all believe that
considering a diverse range of insightsmakes us better investors. Try any of our Foolish newsletter servicesfree for 30 days.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners