Boeing Reaches Deal With Union After Marathon Weekend Talks

[BumRushDaShow]

Source: Bloomberg

September 8, 2024 at 7:49 AM EDT
Updated on September 8, 2024 at 8:14 AM EDT


Boeing Co. and its largest union said they hammered out a deal to potentially avoid a strike that would cripple its airplane manufacturing. The IAM 751 union and the company said the offer includes a wage increase of 25% over four years and a commitment to build Boeing’s next plane in the Seattle area.

The breakthrough came following a marathon bargaining session with a strike vote looming after the current contract expires at midnight Sept. 12. It marks a significant victory for new Boeing Chief Executive Officer Kelly Ortberg, who’s signaled he wants to reset long-contentious labor relations at the planemaker.

But it’s too soon to know if Boeing’s factory workers will support the measure — or buck their leadership. Anti-management sentiment is running high, particularly among workers who were pressured into forgoing pensions a decade ago.

“The contract offer provides the largest-ever general wage increase, lower medical cost share to make health care more affordable, greater company contributions toward your retirement, and improvements for a better work-life balance,” Commercial Airplanes President and CEO Stephanie Pope said in a video message to employees.


Read more: https://www.bloomberg.com/news/articles/2024-09-08/boeing-strikes-deal-with-union-after-marathon-weekend-talks?srnd=all

[JohnSJ]

1. Excellent

[James48]

2. That's good news.

Boeing needs to catch a break now and get their production sorted out. Good luck.

[tsSleepyTimeDwnSout]

3. this is personal

i moved to charleston sc when i was young, from a blue state. ugh. nasty place, for many reasons. all the conde nast bs to sell it investors - piss off.

but one of my strongest and most enduring impressions of the place is how strongly, virulently, violently anti- worker it is, and has always been. it was founded by the seven "lords proprieters", for heaven's sake ( look it up).

so it was clearly evident to me when boeing started talking about moving there from washington ( i lived there at the time) tht the ONLY motivation was drooling over that incredibly worker-hostile environment. i.e. EXECUTIVE GREED.

well f##k em. if the company goes fully bankrupt as a result of that evil choice, it will be less than they deserve. look what has, predictably, happened to their quality as a direct result.

deep empathy for th quality- minded WA workforce, but as for the execs and investors - FOAD.

[maxsolomon]

7. The US Fedrul Gumbint won't let Boeing go bankrupt.

It's too important. If it comes to that, they'll be bailed out.

[Fichefinder]

4. I was contacted this week by a recruiter to work as an Inspector for Spirit in Wichita

I would rather shove a stick in my eye.

[Stargazer99]

5. The workers need to pay attention-two whisteblowers committed suicide with in a couple of months

of each other and both stated that if they committed suicide it was a lie. They are dealing with a monster and make sure no one is "committing suicide" again.

[maxsolomon]

6. What does that have to do with the union contract?

There's no one who works at Boeing that doesn't know about the whistleblowers.

The Boeing machinist's union doesn't have any ability to stop someone from killing themselves.

[Angleae]

8. We'll find out Thursday night if the contract is accepted.

Or Friday morning for most people as voting ends at 6PM Thursday.