Boeing strike ends as workers approve new contract after almost 2 …

Boeing (BA) machinists ended their strike late Monday after almost two months, ratifying a union contract that gave them a 38% raise. The approval came after a tense bargaining process that ...

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Boeing Strike Ends As Workers Approve New Contract After Almost 2 …

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Boeing (BA) machinists ended their strike late Monday after almost two months, ratifying a union contract that gave them a 38% raise. The approval came after a tense bargaining process that ...

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Boeing Machinists End Strike And Approve New Contract : NPR

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Nov 5, 2024 · The last time Boeing machinists went on strike in 2008, the work stoppage lasted for close to eight weeks, costing the company an estimated $2 billion. The economic damage …

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Boeing Strike Ends After Machinists Approve Four-year Contract

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Nov 5, 2024 · The contract includes a 38% wage increase over a four-year span that would push average pay for the workers to just shy of $120,000 a year.

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Workers Approve New Boeing Contract, Ending Crippling Strike

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The agreement was reached on the 53rd day of a strike that cut Boeing’s earnings by an estimated at $6.5 billion by the end of last week, according to the Michigan-based Anderson …

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Boeing Strike Ends As Workers Approve New Labor Contract

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Nov 5, 2024 · Boeing, Union Reach New Deal in Bid to End Weekslong Strike 10/31/2024 The company said average annual pay for members would reach $119,300 by the end of the …

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Boeing's Labor Resolution Should Be A Wake-Up Call For ... - Forbes

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1 day ago · In November 2024, the dust finally settled on Boeing's historic labor standoff after nearly two months of intense negotiations. In the face of union members' demand for a 40% …

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FAQs about Boeing strike ends as workers approve new contract after almost 2 … Coupon?

Does Boeing have a contract?

Union Ends Strike, 'Happy Election Day! Boeing Workers Have a Contract!' Unionized Machinists at Boeing have voted to approve a contract offer that will bring an end to seven weeks of strike action. ...

Will a Boeing Strike end a seven-week strike?

Unionized Machinists at Boeing have voted to approve a contract offer that will bring an end to seven weeks of strike action. The approval paves the way for the aerospace manufacturer to resume production on its flagship airliners and start recovering from significant financial strain amounting to billions of dollars. ...

How many workers voted to end Boeing Strike?

The union said 59% of workers voted to end the strike. Boeing stock rose about 2% in pre-market trading Tuesday. The contract under consideration was the third negotiated by Boeing and the International Association of Machinists and Aerospace Workers (IAM), which represents more than 30,000 workers at the company. ...

Why did the Boeing factory workers strike end?

(File/Vince Streano/Getty Images) The Boeing factory worker strike that has stretched nearly two months, halting airplane manufacturing at plants around the Northwest, ended Monday after thousands of union members voted to approve a new contract offer from the aerospace giant. ...

Did Boeing ratify a new union contract?

The news was shared on Twitter, formerly known as X, late on Monday by the official Machinists Union account for IAM "33,000 front line workers at Boeing ... voted to ratify a new union contract with the company that has instantly set a new standard for compensation and wages for aerospace industry workers." ...

What does Boeing's new contract mean for workers?

The Boeing workers' new contract, effective immediately, includes a 38 percent general wage increase over four years, compounded to 43.65 percent, alongside a ratification bonus of $22,000. It has been almost two months since disagreements about pensions, stagnating wages, and job security halted production at Boeing's Pacific Northwest facilities. ...