Boeing’s factory workers accepted a new contract offer on Monday, ending a bitter seven-week strike that halted most jet production and deepened a financial crisis at the troubled planemaker.
Boeing West Coast factory workers will hold a vote on an improved contract offer on Monday that could end a seven-week strike and restart jet production.
Thousands of Boeing employees will be given their pink slips within the next few weeks, multiple union and industry sources claimed.
Boeing factory workers will hold a large rally in Seattle to demand a better wage deal, plunging the troubled planemaker further into financial crisis.
Talks between Boeing and its key manufacturing union broke down, and no negotiations are currently planned as the financially damaging strike heads into a fourth week.
Boeing increased its wage offer to thousands of striking workers on Monday, offering a %30 general wage increase over four years in what the company called its “best and final” offer as the strike continues for a second week.
On Wednesday, Boeing’s CEO announced that the company will begin furloughing “a large number” of employees to limit spending during the strike by union machinists that began just a week ago.
Boeing employees walked off the job site at Boeing Factories near Seattle on Friday morning after union members voted to go on strike and reject a tentative contract that would have increased wages by 25% over a four-year span.
Boeing’s U.S. West Coast factory workers started voting on Thursday on a much-criticized new contract and a possible strike.