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2024-11-05 Economy
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Boeing factory workers vote to accept contract and end more than 7-week strike
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[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. 
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Posted by Frank G 2024-11-05 08:54||
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Posted by `AlmostAmonymous5839 2024-11-05 22:43||
2024-11-05 22:43||
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