The union that represents over 30,000 employees of the massive airline also staged a rally in Seattle on Tuesday.
With the first redundancy notices anticipated to be sent out in mid-November, the corporation is proceeding with its plans to lay off almost 17,000 employees.
When the company retracted an offer that promised a 30% salary increase over four years, negotiations to terminate the protest broke down last week.
Boeing announced that it has achieved an agreement with key banks to borrow up to $25 billion through debt and stock issues.
According to a statement from Boeing, these are two wise moves that will help the company’s liquidity access.
Following the releases, there was a 2.2% increase in the company’s shares.
Just days after announcing a 10% employment reduction and predicting a three-month loss, Boeing took steps to secure additional funding.
News is aware that striking employees will not be impacted by the layoffs for the time being.
Employees will be eligible for severance benefits, and the layoffs will be mandatory.
Additionally, the business announced a one-year delay in the delivery of its 777X aircraft.
