Current:Home > FinanceBoeing and union negotiators set to meet for contract talks 2 weeks into worker strike -Secure Growth Academy
Boeing and union negotiators set to meet for contract talks 2 weeks into worker strike
View
Date:2025-04-27 16:09:29
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! (5741)
Related
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Chicago Blackhawks move to cut veteran Corey Perry for engaging in 'unacceptable' conduct
- New York drivers could face license suspensions over vision tests
- Oatmeal is one of the most popular breakfast foods. But is it good for you?
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- US agency to end use of ‘cyanide bomb’ to kill coyotes and other predators, citing safety concerns
- Where is parking most expensive? New study shows cheapest, priciest US cities to park in
- Meet 'Samba': The vape-sniffing K9 dog in Florida schools used to crack down on vaping
- See you latte: Starbucks plans to cut 30% of its menu
- Mark Cuban working on sale of NBA's Mavericks to Sands casino family, AP source says
Ranking
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Judge enters $120M order against former owner of failed Michigan dam
- Texas man who said racists targeted his home now facing arson charges after fatal house fire
- Travis Kelce joins Taylor Swift at the top of Billboard charts with Jason Kelce Christmas song duet
- 'We're reborn!' Gazans express joy at returning home to north
- Kendall Jenner, Latto, Dylan Mulvaney, Matt Rife make Forbes 30 Under 30 list
- WWE Hall of Famer Tammy ‘Sunny’ Sytch sentenced to 17 years in prison for fatal DUI crash
- Wolverines threatened with extinction as climate change melts their snowy mountain refuges, US says
Recommendation
Retirement planning: 3 crucial moves everyone should make before 2025
Michigan man says he'll live debt-free after winning $1 million Mega Millions prize
How can we break the cycle of childhood trauma? Help a baby's parents
The Excerpt podcast: Israel-Hamas truce extended through Wednesday
The Louvre will be renovated and the 'Mona Lisa' will have her own room
Activist who acknowledged helping flip police car during 2020 protest sentenced to 1 year in prison
Former prison lieutenant sentenced to 3 years after inmate dies during medical crisis
Beyoncé was a 'serial people pleaser.' Is that really such a bad thing? Yes.