Labor News & Commentary October 15, 2024 SCOTUS receives an emergency application to consider NLRB's constitutionality

https://onlabor.org/october-15-2024/

By Sunah Chang

Sunah Chang is a student at Harvard Law School.

In today’s news and commentary: Boeing workers prepare for a rally, and the Supreme Court receives an emergency application to consider NLRB’s constitutionality.

Today, Boeing workers will stage a large rally in Seattle as their strike enters its fifth week. Since September 13th, 33,000 factory workers have been on strike against the planemaker in pursuit of a 40% wage increase over the next four years. The relationship between the parties has soured throughout the strike; just last week, Boeing withdrew its “best and final” offer proposed to striking workers after the union pushed back on the offer. Notably, today’s rally comes just one day after U.S. Acting Labor Secretary Julie Su met with Boeing and union leaders in an effort to encourage the parties to return to the bargaining table.

As the strike drags on, Boeing has taken drastic measures to keep the company afloat. The month-long strike has halted Boeing’s commercial airline production and crippled the company’s finances. Just this morning, the company announced plans to borrow $10 billion from banks. The company is also planning to raise $25 billion by selling stock and debt. Additionally, Boeing has announced plans to cut down 17,000 jobs and will begin sending out 60-day notices to employees in mid-November.

FULL story at link above.