Boeing workers going on strike:
- Historic Strike: Boeing workers are on strike for the first time in 16 years after a 96% vote to reject the proposed contract.
- Massive Participation: Approximately 30,000 workers in Seattle and Portland areas are involved in the strike.
- Contract Rejection: Workers overwhelmingly rejected a contract that included a 25% wage increase over four years.
- Demand for Higher Wages: The union had sought a 40% wage increase, citing the rising cost of living.
- Production Halt: The strike has halted production of Boeing’s 737 MAX jets, impacting the company’s supply chain.
- Union’s Stance: The International Association of Machinists and Aerospace Workers (IAM) emphasized the need for better pay and working conditions.
- CEO’s Challenge: This strike is a significant challenge for Boeing’s new CEO, Kelly Ortberg, who took over in August.
- Economic Impact: The strike could have broader economic implications, affecting Boeing’s operations and the aerospace industry.
- Worker Sentiment: Workers expressed dissatisfaction with the loss of annual bonuses and other benefits in the proposed contract.
- Future Negotiations: Both Boeing and the union have expressed a willingness to return to the negotiating table to reach a new agreement.
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