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The contract approved by IAM includes a wage increase of 38% over the next four years. Prior to the vote the union posted a message encouraging its members to approve the offer.
The IAM on Saturday had said it had brokered a tentative deal with Boeing that included cumulative raises of almost 40% over four years, significantly more than the prior negotiated offer.
On September 12, 2024, IAM District 751 voted to strike against Boeing over a proposed contract's pay and benefits with 94.6% of votes in and 96% in favor of a strike. [23] The union leadership had reached a tentative agreement with Boeing prior to the vote and endorsed the contract.
Sixty-four percent of workers voted against the new contract, according to the International Association of Machinists and Aerospace Workers (IAM), the union representing 33,000 Boeing workers in ...
The strike was set to cost Boeing $108 million per day in lost revenue, amounting to as much as $5.5 billion in losses should the work stoppage last 50 days, investment bank TD Cowen said in a ...
A strike of more than 30,000 Boeing workers who build planes in factories on the U.S. West Coast stretched into its fourth day on Monday, with company and union negotiators due to resume talks ...
Boeing and its largest union are entering the last week of contract negotiations before a threatened strike by more than 30,000 workers who build the planes that carry millions of airline ...
Boeing and union leaders miscalculated during their initial negotiations, announcing an agreement over a tentative contract that more than 94% of IAM workers later rejected. The union originally ...