Boeing, under the leadership of CEO Kelly Ortberg, is facing challenges in labor negotiations that have strained relations with its largest union. The company is currently grappling with a strike by 33,000 unionized machinists, impacting production of its best-selling planes.
Initially, Ortberg received some support from labor leaders who acknowledged the longstanding conflict predating his tenure. In a bid to show solidarity, Ortberg announced a temporary reduction in executives' pay to support workers during the strike.
