Boeing Defense Workers Launch Major Strike
About 3,200 Boeing machinists in Missouri and Illinois voted to reject the company's latest contract offer, leading to a strike.
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Boeing Fighter Jet Workers Prepare for Strike After Contract Rejection
About 3,200 Boeing machinists in St. Louis are set to strike over unresolved wage and retirement benefit negotiations, marking the first strike in nearly 30 years for the local union, potentially impacting the production of fighter jets and commercial aircraft amid Boeing's recent financial challenges.
Boeing Faces Delays and Layoffs as Strike Ends and Production Resumes
Boeing delivered only 14 jetliners in October, the lowest since November 2020, due to a seven-week machinists' strike that halted most aircraft production. The strike ended with a new contract offering 38% pay raises over four years. As workers return, Boeing faces challenges in restarting production, which will take weeks. Despite the strike, Boeing secured 63 aircraft orders in October, including 40 737 Max 8s for Avia Solutions Group.
Boeing to Announce Layoffs for 17,000 Workers Amid Uncertainty
Boeing is set to issue layoff notices to 17,000 workers, or 10% of its workforce, amid ongoing financial struggles and recent safety issues. This comes shortly after machinists ended a seven-week strike and secured a new labor contract with a 38% pay raise over four years. The layoffs add uncertainty for employees, with most affected U.S. workers expected to be notified by mid-November and leave by January 17. Boeing has faced $25 billion in losses since 2019, alongside scrutiny over safety and company culture.
Boeing Machinists Vote on Contract to Potentially End Strike
Boeing machinists, represented by IAM District 751, have voted on a new contract proposal aimed at ending a nearly two-month-long strike. The proposal includes a 38% wage increase, improved 401(k) contributions, and a $12,000 ratification bonus, but does not reinstate pension plans. Union leaders have urged acceptance of the offer, describing it as one of the strongest contracts in aerospace history. The strike has significantly impacted Boeing's production, with potential losses of $1 billion per month, and has drawn attention from political leaders urging a fair resolution.
Boeing Machinists Cast Crucial Vote to End 7-Week Strike
Boeing machinists are voting on a new contract offer that could end their seven-week strike, which has cost Boeing $5.5 billion and caused a 40% drop in its share price this year. The proposed contract includes a 38% pay raise over four years and a $12,000 ratification bonus, but does not reinstate the company's defined pension plan. Previous offers were rejected by the union, which represents 33,000 workers in Washington, Oregon, and California. A majority vote is needed to approve the deal, allowing workers to return as early as Wednesday.