A weeks-long work stoppage has added to the company’s huge losses and halted production of several best-selling planes
Boeing workers have rejected the US aerospace giant’s latest contract offer, extending a nearly six-week strike which has crippled the already struggling planemaker.
Some 64% of workers voted to reject the new contract, the International Association of Machinists and Aerospace Workers (IAM), the union representing 33,000 Boeing staff in Washington, Oregon and California, said on X (formerly Twitter) on Wednesday.
“We remain on strike,” IAM District 751 President Jon Holden said after the votes were counted. “Our members deserve more and have spoken loudly.”
The latest deal included a 35% wage increase over the four-year contract and a restoration of incentive bonuses, but did not reinstate the pension plan sought by many employees.
Workers with the IAM have been striking since September, when they overwhelmingly rejected Boeing’s previous offer of a 25% cumulative pay raise. Employees had initially sought a 40% pay increase, arguing that their wages had lagged behind inflation for years while the company spent millions of dollars on record executive bonuses.
“After 10 years of sacrifices, we still have ground to make up, and we’re hopeful to do so by resuming negotiations promptly,” leaders of the union said in a statement.
“This is workplace democracy and also clear evidence that there are consequences when a company mistreats its workers year after year.”
The strike has halted production of the best-selling 737 MAX and 767 and 777 wide-body models.
Earlier this month Boeing also announced plans to cut 17,000 jobs over the coming months, representing nearly 10% of its workforce, as the aerospace giant’s losses continue to mount.
Boeing reported a $6.2 billion third quarter loss on Wednesday, largely due to costs associated with the strike.
Days before the workers voted to extend the strike, Boeing announced that its 777X widebody aircraft will be postponed to 2026, nearly six years after the aircraft was due to reach customers.
The embattled aviation giant has also been under increased scrutiny in recent years due to various flaws discovered in its aircraft, leading to safety concerns and investigations.
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October 24, 2024 at 12:32AM
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Boeing workers reject wage deal to end strike
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