1. Boeing Workers Cast Crucial Strike Vote Amid Contract Backlash.
- Author
-
Johnsson, Julie
- Subjects
LABOR contracts ,MINIMUM wage ,TENTATIVE agreements ,STRIKES & lockouts ,CHIEF executive officers - Abstract
Boeing workers, represented by the IAM District 751 union, are voting on a new labor contract that includes a 25% guaranteed wage increase. However, many workers are dissatisfied with the terms, feeling that they deserve a greater payout due to previous wage cuts and inflation. The union has a history of activism and went on strike for two months during contract talks in 2008, costing the company billions of dollars. Boeing is hoping to avoid a strike as it is already facing financial challenges and production setbacks. The outcome of the vote will determine whether the contract is accepted or if a strike will occur. [Extracted from the article]
- Published
- 2024