33,000 Boeing Workers Strike After Overwhelmingly Rejecting Contract Offer

Friday, 13 September 2024, 07:10

33,000 Boeing workers are on strike after rejecting a contract offer that proposed raises of 25% over four years. The strike significantly impacts Boeing's production capacity, particularly for the 737 Max. Union members, representing aircraft assembly workers, demand higher pay and improved job security.
Ktnv
33,000 Boeing Workers Strike After Overwhelmingly Rejecting Contract Offer

Boeing Workers Strike Brings Production to a Halt

The first of 33,000 Boeing workers went on strike early Friday morning after rejecting a contract offer. Members of the International Association of Machinists and Aerospace Workers voted in overwhelming numbers—by 94.6%—to reject a proposed deal that would have given them raises of at least 25% over the four-year life of the deal. The union had originally asked for pay raises of 40% over three years.

Impact on Boeing's Production

The strike is expected to shut down production of Boeing's best-selling aircraft, the 737 Max, but it will not affect commercial flights for the public. Both the company and union leaders are prepared to return to negotiations soon.

  • Job Security: Alongside increased wages, union members are pursuing better job security.
  • Negotiation Efforts: Aerospace Machinists District 751 president Jon Holden expressed pride in the union members and emphasized the importance of returning to the bargaining table as quickly as possible.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe