Boeing Workers Reject Contract as Firm Burns $1 Billion a Month

Oct 24, 2024 · In an effort to protect the business, Boeing CEO Kelly Ortberg recently announced plans to shed 17,000 workers across the company, and in mid-October, Boeing said that it …

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Boeing Workers Reject Contract As Firm Burns $1 Billion A Month

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Oct 24, 2024 · In an effort to protect the business, Boeing CEO Kelly Ortberg recently announced plans to shed 17,000 workers across the company, and in mid-October, Boeing said that it …

newsweek.com

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Striking Workers Reject Boeing’s New Contract Offer

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Oct 24, 2024 · Machinists at Boeing can start at $20 an hour — just above the area’s minimum. The new contract would have added 12 percent to that in the first year (a raise of $2.40), with …

truthout.org

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Boeing’s Union Accepts Contract Offer, Ending Strike - Fast Company

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Nov 5, 2024 · 59% of the IAM union agreed to approve Boeing's fourth contract offer, a deal which includes a 38% wage increase over four years. ... Boeing refused to meet strikers’ demand to …

fastcompany.com

FAQs about Boeing Workers Reject Contract as Firm Burns $1 Billion a Month Coupon?

When did Boeing workers go on strike?

Sunday, Sept. 15, 2024, Boeing workers wave picket signs as they strike after union members voted to reject a contract offer, near the company's factory in Everett, Wash. ...

Why did Boeing reject a striker contract?

In the rejected contract, Boeing sought to replace those payouts with new contributions to retirement accounts. John Reifel, who has spent nearly 25 years at Boeing, said the company was trying to make the strikers look unreasonable when they are only seeking to negotiate a contract for the first time in more than a decade. ...

What is Boeing's new offer to striking workers?

Boeing's latest offer to striking workers includes upfront pay raises of 12% plus three annual raises of 6% each. It would also double the size of ratification bonuses to $6,000 and keep annual bonuses based on productivity. ...

Is Boeing trying to make strikers look unreasonable?

John Reifel, who has spent nearly 25 years at Boeing, said the company was trying to make the strikers look unreasonable when they are only seeking to negotiate a contract for the first time in more than a decade. “We build a product that people’s lives depend on,” Reifel said. ...

Did Boeing offer 33,000 strikers without first bargaining?

The union complained that Boeing publicized its latest offer to 33,000 striking workers without first bargaining with union negotiators. “Boeing does not get to decide when or if you vote,” leaders of the International Assn. of Machinists and Aerospace Workers District 751 told members Monday night. ...

Why did Boeing rescind a strike offer?

Boeing has extended the deadline for a union vote on its revised pay offer to Friday night, but the company is still pushing for a decision. In a statement, Boeing emphasized the strike’s impact on employees and communities, urging union members to vote on the offer, which would significantly improve wages and benefits. ...