Boeing strike ends after labor union accepts contract offer, announces return to work
Boeing(BA) Fox Business·2024-11-05 07:16
The International Association of Machinists and Aerospace Workers Local 751, which represents 33,000 members in Seattle, said it has accepted a new contract with Boeing, ending the union's strike after nearly two months. The union said machinists voted by 59% to accept the company's proposal, which includes a 38% pay raise over four years that would ultimately increase salaries from $75,608 to $119,309, Reuters reported. The proposal also included ratification and productivity bonuses.Boeing did not agree t ...