Current:Home > ScamsA Boeing strike is looking more likely. The union president expects workers to reject contract offer -Infinite Edge Capital
A Boeing strike is looking more likely. The union president expects workers to reject contract offer
View
Date:2025-04-17 01:17:14
The risk of a strike at Boeing appears to be growing, as factory workers complain about a contract offer that their union negotiated with the giant aircraft manufacturer.
The president of the union local that represents 33,000 Boeing workers predicted that they will vote against a deal that includes 25% raises over four years and a promise that the company’s next new airplane will be built by union members in Washington state.
“The response from people is, it’s not good enough,” Jon Holden, the president of the union local, told The Seattle Times newspaper.
Members of the International Association of Machinists and Aerospace Workers in the Seattle area and machinists at other locations in Washington and California are scheduled to vote Thursday on the Boeing offer and, if they reject it, whether to go on strike beginning Friday.
Union members have gone on social media to complain about the deal. Hundreds protested during a lunch break at their plant in Everett, Washington, chanting, “Strike! Strike! Strike!” according to the Seattle Times.
Holden, who joined the union bargaining committee in unanimously endorsing the contract, told the newspaper he doesn’t believe he can secure the votes to ratify the proposed contract.
Boeing did not immediately respond when asked for comment.
Unlike strikes at airlines, which are very rare, a walkout at Boeing would not have an immediate effect on consumers. It would not result in any canceled flights. It would, however, shut down production and leave Boeing with no jets to deliver to the airlines that ordered them.
On Sunday, the company and the union local, IAM District 751, announced they had reached a tentative agreement that featured the 25% wage hike and would avoid a suspension of work on building planes, including the 737 Max and the larger 777 widebody jet.
The deal fell short of the union’s initial demand for pay raises of 40% over three years and restoration of traditional pensions that were eliminated in union concessions a decade ago. Workers would get $3,000 lump-sum payments, increased contributions to retirement accounts and the commitment about working on the next Boeing airplane.
Holden said in a message to members Monday, “We have achieved everything we could in bargaining, short of a strike. We recommended acceptance because we can’t guarantee we can achieve more in a strike.”
A strike would add to setbacks at Boeing. The company, headquartered in Arlington, Virginia, has lost $27 billion since the start of 2019 and is trying to fix huge problems in both aircraft manufacturing and its defense and space business. A new CEO has been on the job a little over a month.
Boeing shares were down 3% in afternoon trading.
veryGood! (21368)
Related
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- CEO shooting suspect Luigi Mangione may have suffered from spondylolisthesis. What is it?
- Stock market today: Asian stocks are mixed ahead of key US inflation data
- 'We are all angry': Syrian doctor describes bodies from prisons showing torture
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Philippines' VP Sara Duterte a no
- US inflation likely edged up last month, though not enough to deter another Fed rate cut
- Timothée Chalamet makes an electric Bob Dylan: 'A Complete Unknown' review
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Mitt Romney’s Senate exit may create a vacuum of vocal, conservative Trump critics
Ranking
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- 'The Later Daters': Cast, how to stream new Michelle Obama
- Man identifying himself as American Travis Timmerman found in Syria after being freed from prison
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- US inflation likely edged up last month, though not enough to deter another Fed rate cut
- Australian man arrested for starting fire at Changi Airport
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
Recommendation
Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
Austin Tice's parents reveal how the family coped for the last 12 years
Ohio Supreme Court sides with pharmacies in appeal of $650 million opioid judgment
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
Hougang murder: Victim was mum of 3, moved to Singapore to provide for family
Pakistan ex
Horoscopes Today, December 11, 2024