Boeing Workers' Strike: A Month In, What's the Plan?

It's been over a month since Boeing's machinists started their strike, rejecting a contract offer from the company. The ongoing standoff is causing Boeing's new CEO, Kelly Ortberg, some serious headaches. The union and Boeing are still at odds, with negotiations falling apart and production coming to a halt. Workers are feeling the squeeze, as they're not getting paid or having their health insurance covered. However, there are more short-term contract jobs available compared to previous strikes.

Boeing has plans to reduce its global workforce by 10% and stop producing certain aircraft models. The company is facing massive financial losses and might even see a credit downgrade. Experts are questioning Boeing's strategy, suggesting that the company is cutting jobs of workers who could actually help stabilize production. Boeing's stock has taken a significant hit this year.

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