2024-09-13 13:29:09
Business
Automotive

Boeing Workers Strike Amidst Wage Dispute

Image courtesy of : AFP (JUSTIN TALLIS)

Boeing workers have launched a strike, rejecting a proposed 25% wage increase over four years. The union initially demanded a 40% hike, citing years of pay freezes and cuts.

Despite Boeing's offer, 96% of union members voted in favor of the strike, which began at midnight. The discontent extends to low starting salaries and the elimination of bonus payments.

The aviation regulator has also restricted production due to quality issues, adding to the company's woes. Boeing is already struggling with financial losses and technical problems, and the strike could exacerbate these challenges.

The company warned that the strike might hinder its recovery, noting its significant debt burden and ongoing production issues. Workers are calling for better wages, improved working conditions, and a commitment to local production in Boeing factories.

The strike affects around 30,000 employees, primarily in the Seattle region, and is expected to halt the production of key aircraft models like the 737 MAX. Boeing's new CEO has expressed readiness to return to the negotiation table, but the strike's impact on aircraft deliveries and the company's reputation remains a significant concern.

n-tv.de
13. September 2024 um 09:33

25 Percent Wage Increase Not Enough: Boeing Employees Strike - Company Sinks Deeper into Crisis - n-tv.de

Economy
Finance
Boeing employees of the IAM union are striking due to a 25% wage increase, which does not even offset the loss of purchasing power; criticism of the elimination of bonus payments and the fuselage fragment incident; production expansion blocked by the FAA; the company warns of strike costs and refers to its debt burden; employees previously accepted zero-round increases.
Tagesschau - Wirtschaft und Börsen-Nachrichten
13. September 2024 um 08:57

US Aircraft Manufacturer in Crisis

Economy
Finance
Boeing offers a 25% wage increase over 4 years, but 30,000 workers vote with a 96% majority to strike. For the first time in 16 years, production of the 737 MAX and other aircraft at the plants around Seattle and Portland will come to a standstill.
focus
13. September 2024 um 09:51

96 Percent Voted for the Strike - 25 Percent Wage Increase Is Not Enough: Boeing Workers Strike

Economy
Boeing workers are striking despite a 25% pay increase; the union originally demanded a 40% increase; the strike began at midnight; the company warns of a crisis; the aviation regulator restricts production due to quality issues; the union demands production in its own factories; workers are demanding higher wages after years of pay freezes and cuts; criticism of low starting salaries.
EuroNews
13. September 2024 um 09:40

Boeing employees demanding better working conditions on strike: Aircraft deliveries may be affected

Economy
Boeing employees went on strike due to disagreements over wages and fringe benefits. The strike dealt an additional blow to the company's financial and reputational issues. The union announced that its members had rejected the contract and decided to go on strike. Boeing stated that it is ready to return to the table for a new agreement. The company's new CEO warned that the strike could jeopardize the firm's recovery, but the workers ignored this. Boeing had also been shaken by the safety sca..
CW

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