Boeing

It’s part of a 10% workforce reduction in the wake of a strike that halted production for seven weeks and an almost $6 billion third quarter loss.

The aerospace giant declined to say how many workers received layoff notices, but local union officials told the St. Louis Business Journal that 111 union workers will be affected.

The announcement comes alongside approval from the U.S. secretary of state for the sale of Israel to buy $18.82 billion in military equipment.

Unionized workers in Boeing's commercial operations walked off the job almost two months ago, prompting company-wide furloughs and layoffs of 10% of its workforce. Boeing employees in St. Louis have felt some of those cuts. The aerospace giant employs around 17,000 people in the region at facilities that support its defense division.

The rejected agreement is another blow for Boeing, which reported a $6 billion quarterly loss on Wednesday. The aerospace giant employs roughly 17,000 workers in the St. Louis region that support the company's defense division.

Striking machinists at Boeing vote Wednesday on a new contract offer. Even before the strike, the company was grappling with production and quality control problems that led to billions in losses.

The latest proposal includes a 35% general wage increase over four years — bringing it closer to the union's original ask for 40%. Boeing previously offered a 25% raise over the life of the contract.

Boeing has been losing money for over five years and is now dealing with a strike that has shut down factories in the Seattle area. Details about how this move might impact St. Louis jobs have yet to be announced.

St. Louis-area residents are remembering the lives lost since the October 2023 attacks on Israelis while navigating fears and divisions sparked by the subsequent prolonged war in Gaza.

The aviation giant said it is taking the steps with the production paused in the Pacific Northwest due to an ongoing union strike.