Current:Home > MyBoeing and union negotiators set to meet for contract talks 2 weeks into worker strike -FinanceAcademy
Boeing and union negotiators set to meet for contract talks 2 weeks into worker strike
View
Date:2025-04-12 19:48:49
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! (88461)
Related
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Apple's Mac turns the big 4-0. How a bowling-ball-sized computer changed the tech game
- Civil rights group says North Carolina public schools harming LGBTQ+ students, violating federal law
- Memphis officials release hours of more video in fatal police beating of Tyre Nichols
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Taylor Drift and Clark W. Blizzwald take top honors in Minnesota snowplow-naming contest
- Jake Paul will take on Ryan Bourland, an experienced boxer with little name recognition
- US figure skaters celebrate gold medal from Beijing Olympics with a touch of bittersweetness
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Kansas to play entire college football season on the road amid stadium construction
Ranking
- Intellectuals vs. The Internet
- Citibank failed to protect customers from fraud, New York alleges
- Team USA receives Olympic gold medal 2 years after Beijing Games after Russian skater banned
- Robert F. Kennedy Jr. mulls running for president as Libertarian as he struggles with ballot access
- The Best Stocking Stuffers Under $25
- Robert F. Kennedy Jr. mulls running for president as Libertarian as he struggles with ballot access
- Official found it ‘strange’ that Michigan school shooter’s mom didn’t take him home over drawing
- Samsung reports decline in profit but anticipates business improvement driven by chips
Recommendation
Most popular books of the week: See what topped USA TODAY's bestselling books list
Kourtney Kardashian Twins With Baby Rocky in New Photo
Don't miss the latest 'Feud' – between Truman Capote and NYC's society ladies
Some Republican leaders are pushing back against the conservative Freedom Caucus in statehouses
Former Syrian official arrested in California who oversaw prison charged with torture
Fred Again.. is one part DJ, one part poet. Meet the Grammy best new artist nominee
Continental Europe has new hottest day on record at nearly 120°F in Sicily
Greyhound bus and SUV collide in northern Alabama, killing motorist