Current:Home > MyBoeing and union negotiators set to meet for contract talks 2 weeks into worker strike -MoneyFlow Academy
Boeing and union negotiators set to meet for contract talks 2 weeks into worker strike
TradeEdge View
Date:2025-04-08 21:05:14
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! (25)
Related
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Sophia Bush Reflected on “Spiritual” Journey Working Away from Home Before Grant Hughes Breakup
- Megan Rapinoe, Sue Bird and More Athlete Romances Worth Cheering For
- Two years after Tokyo, Simone Biles is coming back from ‘the twisties.’ Not every gymnast does
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- School bus crash on Idaho highway under investigation
- Phoenix Mercury star Brittney Griner returns after mental health break
- History for Diana Taurasi: Mercury legend becomes first WNBA player to score 10,000 points
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Pope wraps up an improvised World Youth Day with 1.5 million attendees and a very big Mass
Ranking
- Grammy nominee Teddy Swims on love, growth and embracing change
- How the 1996 Murder of JonBenét Ramsey Became a National Obsession
- History for Diana Taurasi: Mercury legend becomes first WNBA player to score 10,000 points
- Mark Zuckerberg Reveals He Eats 4,000 Calories Per Day
- Arkansas State Police probe death of woman found after officer
- Teen charged in fatal after-hours stabbing outside Connecticut elementary school
- Saints' Alvin Kamara, Colts' Chris Lammons suspended 3 games by NFL for Las Vegas fight
- Syrian baby born under earthquake rubble turns 6 months, happily surrounded by her adopted family
Recommendation
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
Even USWNT fans have to admit this World Cup has been a glorious mess
Pope presides over solemn Way of the Cross prayer as Portugal government weighs in on LGBTQ+ protest
Beyoncé, Spike Lee pay tribute to O'Shae Sibley, stabbed while dancing: 'Rest in power'
Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
Failed leaders and pathetic backstabbers are ruining college sports
Why is Jon Gruden at New Orleans Saints training camp? Head coach Dennis Allen explains
Officials order Wisconsin brewery to close. Owner says it’s payback for supporting liberals