🚨 Boeing's Big Moves Amid Strike Chaos! 🚨
- Boeing aims to raise up to $35bn from investors & banks as a costly strike enters its 2nd month.
- Plans to lay off around 17,000 workers, with notices expected mid-November.
- Talks collapsed last week; Boeing withdrew a 30% pay rise offer over 4 years.
- Raising $25bn in stock & debt, plus a $10bn bank deal for liquidity.
- Shares rose 2.2% post-announcement.
- Layoffs won't affect striking workers, but compulsory redundancies with severance.
- 777X deliveries delayed by a year.
- Strike costs Boeing $1bn/month; Biden admin concerned.
💬 What do you think? Comment below! 👇 #Boeing #Economy #Strike