Boeing strike continues after social agreement rejected

Boeing strike continues after social agreement rejected

Kyiv  •  UNN

October 24 2024, 07:46 AM • 14649 views

Boeing's largest union has rejected a tentative labor agreement and is continuing its strike. 64% of union members voted against a proposal to increase wages by 35% over four years without restoring the pension scheme.

Boeing's largest union has rejected the previous labor contract and announced the continuation of the strike. Writes UNN with reference to Le Figaro.

Boeing employees reject the social agreement: almost two-thirds (64%) of the members of the local chapter of the International Association of Machinists (IAM) opposed the project on Wednesday night.

“Our members did not recognize this proposal as adequate,” said its president, John Holden.

The vote, according to the media, is a significant setback for the new CEO Kelly Ortberg, who is trying to restore Boeing's reputation.

Context

In its latest proposal, Boeing management offered a 35% pay raise over four years, but without reinstating the pension scheme that was canceled in 2008. Almost two-thirds (64%) of the members of the local chapter of the International Association of Machinists (IAM) voted against the proposal.

Boeing employees announce the first mass strike in 16 years in the United StatesSeptember 13 2024, 03:22 PM • 16244 views

Earlier, on September 8, the company rejected a draft agreement with the IAM that the employees considered insufficient. The IAM demanded a 40% pay raise, as salaries have lagged behind inflation in recent years.

Boeing to cut 17,000 jobs and postpone first 777X delivery due to strike - ReutersOctober 11 2024, 11:19 PM • 35112 views