Boeing’s turnaround was always going to be hard. The failed

Oct 24, 2024 · A volunteer holds a vote to reject a new contract offer from Boeing during vote counting Wednesday. Lindsey Wasson/AP. Those three auto companies were reporting record profits. Boeing, however ...

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No End For Boeing Labor Strike As Workers Reject Latest Contract …

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Oct 24, 2024 · The latest rejected offer included pay raises of 35% over four years. The version that union members rejected when they voted to strike last month featured a 25% increase …

apnews.com

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Why 94% Of Boeing's Union Rejected Management's Pay Deal

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Sep 16, 2024 · On the Boeing side, boardroom trust in the IAM leader has been knocked by the reversal, which saw his members roundly reject a contract he negotiated and supported, …

fastcompany.com

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Boeing Workers Reject 35% Pay Hike To $140K, The Strike Continues

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Oct 24, 2024 · Striking Boeing workers rejected a labor deal that would have hiked pay by 35% over four years, the Machinists union announced Wednesday night. That means the work …

investors.com

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Machinist Union Strike To Go On After Members Reject Boeing Offer

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Boeing’s offer included pay raises of 35% over four years. The version union members rejected when they voted to strike last month featured a 25% increase over four years.

mynorthwest.com

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Boeing Strike Barrels On As Workers Reject Wage Deal | Reuters

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Oct 23, 2024 · The rejection of Boeing's offer, which comes after 95% of workers voted against a first contract last month, reflects years of resentment from workers who felt cheated by the …

reuters.com

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64% Of Boeing Machinists Vote To Reject Company's Latest Contract …

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Oct 23, 2024 · A worker holds a picket sign as Boeing employees vote on a new contract offer from the company on Wednesday, Oct. 23, 2024, at a voting location in the Angel of the Winds …

komonews.com

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Boeing's Shares Fall After Workers Reject Latest Offer - Yahoo Finance

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Oct 24, 2024 · Some 64% of the planemaker's U.S. West Coast factory workers rejected the offer late on Wednesday, leaving assembly lines idle for nearly all of Boeing's commercial jets, …

yahoo.com

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Strike Ends As Machinists Approve New Contract With Boeing

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Nov 5, 2024 · Union members walked off the job on September 13 after rejecting by a 95% margin Boeing’s initial offer for 25% wage gains over four years. Boeing next offered a 30% …

aircargonews.net

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Boeing Will Sell $19 Billion In Shares To Avoid Credit Downgrade

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Oct 28, 2024 · Boeing plans $19 billion share sale to prevent credit downgrade as strike grinds on BY Greg McKenna Over 32,000 Boeing factory workers walked off the job last month.

fortune.com

FAQs about Boeing’s turnaround was always going to be hard. The failed Coupon?

Was Boeing's latest offer rejected by 64% of its members?

AFP via Getty Images The International Association of Machinists and Aerospace Workers (IAM)—the union representing the striking workers— said Boeing’s latest offer was rejected by 64% of its members who voted on it. ...

Why did Boeing machinists reject a contract offer?

Boeing Machinists on Wednesday rejected a contract offer meant to end the nearly six-week strike, with 64% voting against the proposal. That means 33,000 union members will not go back to work in Boeing’s factories in Everett, Renton and elsewhere. ...

How many workers voted to reject Boeing's new contract?

According to the union, 64% of workers voted to reject the new contract. Boeing Machinists Union members from left, Brent Roberts, Ha Nguyen, Myles Simms and Rich Russell, wave to passing traffic while on the picket line at the Renton assembly plant, Sept. 13, 2024, in Renton, Wash. ...

Did strikers reject Boeing's new pay rise?

Striking Boeing workers have rejected a new offer from the plane-making giant, which included a 35% pay rise over four years. The International Association of Machinists and Aerospace Workers (IAM) union said 64% of its members voted against the proposed deal. ...

What will Boeing do if it refuses to budge on a contract?

According to the Seattle Times, Holden said the negotiators will attempt to push Boeing more on issues it had refused to budge on—including a 40% wage increase, additional vacation and sick leave and the reinstatement of a pension plan. Boeing has not yet commented on the rejection of the contract by the striking workers. ...

How much would a rejected Boeing deal cost a company?

The rejected agreement would have raised Boeing’s labor costs by more than $1 billion annually, according to an analysis from Seth Seifman, an aerospace analyst at JPMorgan Chase. Boeing has already announced plans to cut its global workforce of 171,000 employees by about 10%, or 17,000 jobs. ...