Independent

Troubled Boeing seeks to avoid fresh nightmare with 25% raises amid strike threat

A reported 94-95% of Boeing's 33K US manufacturing workers—representing a fifth of its total US staff—voted to reject their new contract offer Friday night, with 96% voting to go on strike.

The New York Times

Most of the workers are part District 751 of the International Association of Machinists and Aerospace Workers (IAM) union, which is Boeing's largest union and covers mostly the Seattle, Wash., area. The rest are from District W24 in Portland, Ore.

New York Post

The contract offer included a 25% pay raise over four years, a $3K signing bonus, better retirement and health benefits, and a pledge to manufacture Boeing's next commercial jet in the Seattle area.

FOX News

wapo

Many of the workers wanted a 40% pay bump and a pension, the latter of which was replaced by a defined contribution plan in 2011 and 2014 due to threats of replacing their labor with lower-cost work sites.

According to one analyst, if the strike lasts 50 days, as it did during Boeing's last strike in 2008, the company could lose $3B. Boeing was already struggling to produce its most popular plane, the 737 MAX, which is manfactured in near Seattle.

Boeing's struggles are due in large part to recent manufacturing scandals, such as a door plug falling off one of its 737 MAX planes in January. The strike, however, will also impact the production of the 777 and 767 jets, which are also made in the Pacific Northwest.

Boeing Workers Vote to Strike, Halting Jet Production

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Boeing Workers Vote to Strike, Halting Jet Production

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