Current:Home > InvestBoeing and union negotiators set to meet for contract talks 2 weeks into worker strike -Wealth Evolution Experts
Boeing and union negotiators set to meet for contract talks 2 weeks into worker strike
View
Date:2025-04-12 16:39:09
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! (84)
Related
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Ancient statue unearthed during parking lot construction: A complete mystery
- Want to coach your alma mater in women's college basketball? That'll be $10 million
- Dua Lipa, Shania Twain, SZA, more to perform at sold out Glastonbury Festival 2024
- Tropical rains flood homes in an inland Georgia neighborhood for the second time since 2016
- Landslide damages multiple homes in posh LA neighborhood, 1 home collapses: See photos
- Prosecutors: A ‘network’ of supporters helped fugitives avoid capture after Capitol riot
- Number of Americans filing for jobless benefits remains low as labor market continues to thrive
- Family of explorer who died in the Titan sub implosion seeks $50M-plus in wrongful death lawsuit
- Arkansas’ elimination of ‘X’ as option for sex on licenses and IDs endorsed by GOP lawmakers
Ranking
- Jay Kanter, veteran Hollywood producer and Marlon Brando agent, dies at 97: Reports
- Iowa Republican shelves bill to criminalize death of an “unborn person” because of IVF concerns
- AP Week in Pictures: North America
- Interior Department will give tribal nations $120 million to fight climate-related threats
- A New York Appellate Court Rejects a Broad Application of the State’s Green Amendment
- Tom Hollander goes deep on 'Feud' finale, why he's still haunted by Truman Capote
- Facts about hail, the icy precipitation often encountered in spring and summer
- How well does Beyonce's Cécred work on highly textured hair? A hairstylist weighs in
Recommendation
Shilo Sanders' bankruptcy case reaches 'impasse' over NIL information for CU star
Hunter Biden trial on felony gun charges tentatively set for week of June 3
Christie Brinkley diagnosed with skin cancer during daughter's checkup
Woman charged with buying guns used in Minnesota standoff that killed 3 first responders
The 'Rebel Ridge' trailer is here: Get an exclusive first look at Netflix movie
New Mexico day care workers’ convictions reversed in 2017 death of toddler inside hot car
Georgia men accused of blowing up woman's home, planning to release python to eat her child
San Diego Padres acquire Chicago White Sox ace Dylan Cease