Boeing Workers Strike Update: Unionised Factory Workers End 7-Week Strike, Vote To Accept Contract Offer
Unionised machinists at Boeing voted Monday to accept a contract offer and end their strike after more than seven weeks.
Seattle, November 5: Unionised machinists at Boeing voted Monday to accept a contract offer and end their strike after more than seven weeks, clearing the way for the aerospace giant to resume production of its bestselling airliner and generate much-needed cash.
Leaders of the International Association of Machinists and Aerospace Workers district in Seattle said 59% of members who cast ballots agreed to approve the company's fourth formal offer and the third put to a vote. The deal includes pay raises of 38% over four years, and ratification and productivity bonuses. Alibaba Layoffs: E-Commerce Giant Lays Off Hundreds of Employees in China From Its Metaverse Division Amid Business Restructuring.
However, Boeing refused to meet strikers' demand to restore a company pension plan that was frozen nearly a decade ago. The contract's ratification on the eve of Election Day clears the way for a major U.S. manufacturer and government contractor to restart Pacific Northwest assembly lines that the factory workers' walkout have idled for 53 days. Meta Extends Ban on New Political Ads on Facebook and Instagram Until Later This Week After US Presidential Elections 2024.
According to the union, the 33,000 workers it represents can return to work as soon as Wednesday or as late as Nov. 12. Boeing's CEO has said it might take “a couple of weeks” to resume production in part because some could need retraining.
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