Idiot Inc.

Business news for bears and cynics

about | subscribe | twitter | contact     
idiot inc. executives planning dumb business moves

Latest bad news

  • GM to begin dropping dealerships today?
  • Millennium Transit’s logo is shit
  • Seagate continues layoffs — 1,100 to go this round
  • VeriFone’s logo is exciting
  • Pacific Ethanol teeters on the brink

Idiot Index view full list  >>

Boeing Chrysler Circuit City Citigroup Daniel Laikin Ford Gannett General Growth Properties GlaxoSmithKline GM Google Lehman Brothers Microsoft Morgan Stanley National Lampoon New York Times Pilgrim's Pride Starbucks Wachovia WaMu Yahoo!

Categories

  • Bankruptcies
  • Brainy Ideas
  • Busted
  • Company Memos
  • Downfalls
  • Idiot Links
  • Layoffs
  • Logos that suck
  • Look at Me!
  • Power Struggles
  • Stock Market
  • Videos
  • Whoops!

Subscribe

  • RSS Feed
  • Twitter

Links

  • Cluster Stock
  • Dealbreaker
  • Drudge Report
  • Finviz
  • Firefox
  • INO
  • Internet Proxy
  • Letter of Apology
  • My Finance Times
  • Snakes of Hawaii
  • Slashdot
  • TechDirt
  • Wall Street Fighter

Power Struggles

Boeing strike update: checks for strikers, lost revenue for big B

September 24, 2008

BoeingThe union members that are on strike at Boeing are about to draw their first post-strike checks of $150 this Saturday. This will be the third week of the machinists union strike that is taking place over concerns that more jobs will be outsourced. While the $150 per week is paltry for the strikers — Boeing is losing out on approximately $100 million per day. Math like this makes it pretty clear-cut who is going to win out.

2
Posted in Power Struggles by Jacopo Kane
Say something mean >

Starring: Boeing
Related stories:
  • Talks between Boeing and striking machinists union break down
  • Boeing machinists may strike
  • More bombs to fall at Boeing in 2009
  • Arnprior Aerospace lays off in wake of Boeing strike
  • More details on Aetna layoffs emerge
  • Weekend Write-Offs: November 22, 2008
  • Lululemon’s stock downgraded again
Post a message

Discussion

  1. September 30 at 9:20 am
    Arnprior Aerospace lays off in wake of Boeing strike | Idiot Inc.:

    [...] the company’s human resources flack, has said that the firings were a direct result of the Boeing strike that has been [...]

  2. October 14 at 4:11 pm
    Talks between Boeing and striking machinists union break down | Idiot Inc.:

    [...] reportedly because the union was asked to bargain away 2,000 jobs. The company meanwhile, is losing $100 million per day because of closed factories due to the [...]

•

Leave a comment

Basic HTML allowed

“This is an act of mercy....truly” - Francis Urquhart
© Copyrights are for the paranoid    |    About    |    RSS    |    Contact    |    Sitemap
Adventures