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Economy
Boeing factory workers vote to accept contract and end more than 7-week strike
2024-11-05
[NY Post] Unionized 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.

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 US manufacturer and government contractor to restart Pacific Northwest assembly lines that the factory workers’ walkout have idled for 53 days.
Posted by:Frank G

#1  Hmmm!? I noticed no Boeing planes fell out of the sky in that 7 weeks.
Posted by: `AlmostAmonymous5839   2024-11-05 22:43  

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