On October 23, during an ongoing strike in Renton, Washington, Boeing workers from the International Association of Machinists and Aerospace Workers District 751 gathered on a picket line near the entrance to a Boeing production facility to vote on a new contract proposal. Year.
David Ryder | Reuters
boeing company and its machinists union have agreed on a new bargaining proposal to boost worker wages and potentially end a crippling strike that began nearly seven weeks ago, with a vote on the new proposal scheduled for Monday.
Boeing’s more than 32,000 machinists, mostly in the Seattle area, went on strike on Sept. 13 after rejecting a tentative deal. them rejected another offer Earlier this month, the strike was extended.
The union said on Thursday that the new proposals include a general wage increase of 38% over four years, up from the 35% previously proposed.
CEO Kelly Ortberg said for the first time Earnings Conference Call Last week the company had been “actively looking for solutions that fit the company and met the needs of its employees” since taking over in August. After a few hours, the workers rejected A negotiated proposal.
Workers have repeatedly called for higher wages due to the higher cost of living in the Seattle area — and tech giants there like Microsoft and Amazon Staffing has surged in recent years.
The strike further delays plans by Boeing leaders to stabilize the aerospace giant, which is reeling from production defects and safety issues, the most recent of which was a door jam on a Boeing 737 Max that exploded in mid-air in early September. That year.
Boeing lost more than $6 billion last quarter and warned it would continue to burn cash in 2025.
Boeing strike is expected to be dented Friday’s U.S. jobs report.
This is breaking news. Please refresh for updates.