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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 new contract was approved by 74 percent of those voting in favor. This was the longest strike against Boeing by this union since 1995, and the fourth in twenty years. The strike cost the union members an average of $7,000 in base pay and cost the company $100 million per day in revenue and penalties with a postponement of the delivery of ...
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.
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 ...
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 ...
Boeing in a statement Thursday said the company was also offering a $12,000 contract ratification bonus, up from $7,000 offered previously. Boeing workers will vote on a new contract offer to end ...
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Boeing sweetened its offer to thousands of striking factory workers, leading machinists union to back the deal. Boeing machinists accept labor contract, ending 7-week strike Skip to main content