Current:Home > NewsBoeing and union negotiators set to meet for contract talks 2 weeks into worker strike -WealthPro Academy
Boeing and union negotiators set to meet for contract talks 2 weeks into worker strike
View
Date:2025-04-16 18:42:11
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! (6)
Related
- The Super Bowl could end in a 'three
- Halle Berry Claps Back at Commenter Criticizing Her Nude Photo
- To fight climate change, and now Russia, too, Zurich turns off natural gas
- Monica Aldama Teases What's Next for Cheer's Biggest Stars
- The Super Bowl could end in a 'three
- See an Iceland volcano erupt for 3rd time in 3 years, sending bursts of lava in the air amid seismic swarm
- Our roads are killing wildlife. The new infrastructure law aims to help
- Democrat Gavin Newsom to face Republican Brian Dahle in California race for governor
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Kourtney Kardashian Mistaken for Sister Khloe During Drunken Vegas Wedding to Travis Barker
Ranking
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Monica Aldama Teases What's Next for Cheer's Biggest Stars
- Dozens of former guests are rallying to save a Tonga resort
- The world's most endangered large whale species is even closer to extinction than researchers thought
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Record-breaking heat, flooding, wildfires and monsoons are slamming the world. Experts say it's only begun.
- 20 Stylish Dresses That Will Match Any Graduation Robe Color
- The world's insect population is in decline — and that's bad news for humans
Recommendation
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Rare twin panda babies welcomed at South Korea amusement park
Monsoon floods threaten India's Taj Mahal, but officials say the iconic building will be safe
20 Stylish Dresses That Will Match Any Graduation Robe Color
Trump invites nearly all federal workers to quit now, get paid through September
A satellite finds massive methane leaks from gas pipelines
Glaciers are shrinking fast. Scientists are rushing to figure out how fast
The future cost of climate inaction? $2 trillion a year, says the government