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The strike is expected to deepen that financial hole. A 50-day work stoppage would cost Boeing $5.5 billion, investment bank TD Cowen said in a report reviewed by ABC News at the outset of the ...
The union said the compounded value of the promised pay raise would amount to an increase of more than 43% over the life of the agreement. ... The labor standoff — the first strike by Boeing ...
Striking Boeing workers on the US West Coast will vote on an improved contract offer on Monday, which includes a 38% pay rise over four years and a bigger signing bonus, their union said on Thursday.
The strike began on September 13 after 94.6% of workers voted to reject a contract promising a 25% pay raise over four years, and 96% voted to approve the strike, surpassing the two-thirds threshold. [ 3 ]
Boeing's fourth offer since a strike started on Sept. 13 comes at a critical moment for the comp ... up from a 35% raise in a proposal that was rejected by around two-thirds of the 33,000 striking ...
Boeing has said that average annual pay for machinists is currently $75,608. The last Boeing strike, in 2008, lasted eight weeks and cost the company about $100 million daily in deferred revenue ...
The new offer would give members a 30% raise over the four-year life of the contract, including an immediate 12% raise, up from the 25% in overall raises and an immediate 11% raise that membership ...
(Reuters) - Boeing made an improved contract offer to striking workers on the U.S. West Coast on Thursday, including a 38% pay increase over four years, a union spokesperson told Reuters.The new ...