Current:Home > NewsBoeing and union negotiators set to meet for contract talks 2 weeks into worker strike -FinTechWorld
Boeing and union negotiators set to meet for contract talks 2 weeks into worker strike
View
Date:2025-04-11 17:52:00
SEATTLE (AP) — The union representing Boeing’s striking factory workers in the Pacific Northwest says it expects to resume negotiations with the company on Friday.
A regional district of the International Association of Machinists and Aerospace Workers said the two sides would meet alongside federal mediators. They last held formal negotiations more than a week ago, when two days of mediated sessions broke off.
“The union is ready for this opportunity to bring forward the issues that members have identified as critical to reaching an agreement,” District 751 of the machinists’ union said. “We know that the only way to resolve this strike is through negotiations.”
Boeing confirmed Friday’s talks, which would represent progress after the aerospace giant angered union leaders on Monday by announcing a revised contract to its 33,000 striking workers through the media and setting a Friday night deadline for ratification.
Boeing’s “best and final” offer included pay raises of 30% over four years, up from 25% in a deal that union members overwhelmingly rejected when they voted to strike two weeks ago. The union originally demanded 40% over three years.
Boeing said the offer would take the average annual pay for machinists from $75,608 now to $111,155 at the end of the four-year contract. It also would keep annual bonuses based on productivity. In the rejected contract, Boeing sought to replace those payouts with new contributions to retirement accounts.
In the face of opposition from the union, Boeing backed down Tuesday and gave the union more time to consider the new proposal. However, many workers said the company’s latest offer wasn’t good enough considering the increased living costs in the Puget Sound area since the last negotiations 16 years ago.
Boeing, which has encountered serious financial, legal and mechanical challenges this year, is eager to end the costly walkout that has halted production of its best-selling airline planes.
The strike has shut down production of Boeing 737s, 767s and 777s and is causing the company to make cost-cutting moves, including rolling temporary furloughs for thousands of nonunion managers and employees.
veryGood! (53)
Related
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- 12-year-old student behind spate of fake school bomb threats in Maryland, police say
- City of Orlando buys Pulse nightclub property to build memorial to massacre victims
- Live updates | Israel’s bombardment in Gaza surges, reducing buildings to rubble
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Parents like private school vouchers so much that demand is exceeding budgets in some states
- Bitcoin prices have doubled this year and potentially new ways to invest may drive prices higher
- US Judge Biggers, who ruled on funding for Black universities in Mississippi, dies at 88
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Leader of Lebanon’s Hezbollah holds talks with senior Hamas and Palestinian Islamic Jihad figures
Ranking
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Honolulu tells story of healers with dual male and female spirit through new plaque in Waikiki
- Indictments accuse 4 Minnesota men in a $21 million catalytic converter theft ring
- 'The Comfort of Crows' is fuel to restore spirts in dealing with ecological grief
- This was the average Social Security benefit in 2004, and here's what it is now
- Some companies using lots of water want to be more sustainable. Few are close to their targets
- 'Avoid all robots': Food delivery bomb threat leads to arrest at Oregon State University
- Senate panel OKs Lew to be ambassador to Israel, and a final confirmation vote could come next week
Recommendation
Tree trimmer dead after getting caught in wood chipper at Florida town hall
Hong Kong cuts taxes for foreign home buyers and stock traders as it seeks to maintain global status
A manufacturing company in Ohio has found success with a 4-day workweek
'Bold and brazen' scammers pose as clergy, target immigrants in California, officials warn
Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
Is daylight saving time ending in 2023? What to know about proposed Sunshine Protection Act
Michael Cohen’s testimony will resume in the Donald Trump business fraud lawsuit in New York
A warmer than usual summer blamed for hungry, hungry javelinas ripping through Arizona golf course