Current:Home > NewsBoeing and union negotiators set to meet for contract talks 2 weeks into worker strike -FutureFinance
Boeing and union negotiators set to meet for contract talks 2 weeks into worker strike
View
Date:2025-04-14 16:06:39
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! (15)
Related
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Stock market today: Asian stocks are mixed ahead of key US inflation data
- Michael Bublé Details Heartwarming Moment With Taylor Swift’s Parents at Eras Tour
- Sabrina Carpenter Shares Her Self
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- See Mariah Carey and Nick Cannon's Twins Monroe and Moroccan Gift Her Flowers Onstage
- What was 2024's best movie? From 'The Substance' to 'Conclave,' our top 10
- American who says he crossed into Syria on foot is freed after 7 months in detention
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- I loved to hate pop music, until Chappell Roan dragged me back
Ranking
- Intel's stock did something it hasn't done since 2022
- Stock market today: Asian stocks are mixed ahead of key US inflation data
- California judges say they’re underpaid, and their new lawsuit could cost taxpayers millions
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Atmospheric river and potential bomb cyclone bring chaotic winter weather to East Coast
- Trump taps immigration hard
- This house from 'Home Alone' is for sale. No, not that one.
Recommendation
Buckingham Palace staff under investigation for 'bar brawl'
One Tech Tip: How to protect your communications through encryption
Oregon lawmakers to hold special session on emergency wildfire funding
Hate crime charges dropped against 12 college students arrested in Maryland assault
Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
Dick Van Dyke credits neighbors with saving his life and home during Malibu fire
Chiquis comes from Latin pop royalty. How the regional Mexican star found her own crown
Alex Jones keeps Infowars for now after judge rejects The Onion’s winning auction bid