Current:Home > reviewsBoeing and union negotiators set to meet for contract talks 2 weeks into worker strike -Elevate Money Guide
Boeing and union negotiators set to meet for contract talks 2 weeks into worker strike
View
Date:2025-04-11 12:38:41
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! (58927)
Related
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- As strikes devastate Gaza, Israel forms unity government to oversee war sparked by Hamas attack
- Music festival survivor details escape from Hamas: 'They hunted us for hours'
- Indian official won’t confirm a reported meeting of ministers over Sikh leader’s killing in Canada
- See you latte: Starbucks plans to cut 30% of its menu
- NATO member Romania finds more drone fragments on its soil after Russian again hits southern Ukraine
- After delays, California unveils first site of state tiny home project to relieve homelessness
- Makers of some menstrual product brands to repay tampon tax to shoppers
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- No. 1 pick Connor Bedard scores first career goal in slick play vs. Boston Bruins
Ranking
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Mom of Israeli-American soldier killed in Hamas terror attack: You will live on forever in my heart.
- 'Walk the talk' or face fines: EU boss tells Musk, Zuckerberg and Tik Tok chief
- Taylor Swift Embraces a New Romantic Style at Eras Tour Movie Premiere Red Carpet
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Syria says Israeli airstrikes hit airports in Damascus and Aleppo, damaging their runways
- Vermont police release sketch of person of interest in killing of retired college dean
- Black student suspended over hairstyle will be sent to disciplinary education program
Recommendation
Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
Woman accused of killing pro cyclist tries to escape custody ahead of Texas murder trial: She ran
Kansas basketball coach Bill Self won't face additional penalties from infractions case
Police say woman stabbed taxi driver on interstate before injuring two others at the Atlanta airport
'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
Orsted puts up $100M guarantee that it will build New Jersey’s first offshore wind farm by 2025
Germany is aiming to ease deportations as the government faces intense pressure on migration
How Barbara Walters Reacted After Being Confronted Over Alleged Richard Pryor Affair