Boeing Executives and Union Restart Talks to Address Ongoing Strike Fallout

https://icaro.icaromediagroup.com/system/images/photos/16366513/original/open-uri20241007-57-x6ppcu?1728325309
ICARO Media Group
Politics
07/10/2024 18h17

### Boeing and Union Reengage in Talks Amid Ongoing Strike

RENTON, Wash. (KOMO) - Boeing executives and the machinists' union are set to reconvene this morning in an attempt to break the deadlock that has fueled a month-long strike. This work stoppage, now in its fourth week, has been financially damaging for both parties.

Negotiations have hit a roadblock, leaving workers without their company-based health insurance since last week. They now face a 60-day period to secure coverage through Washington Healthplanfinder, an option more affordable than the federal COBRA insurance. The situation intensified when workers missed their first paycheck this past Thursday.

A union member voiced frustrations, stating, “It's about time Boeing stood up and started taking care of people again. Because when they start taking care of the people again, the people get better at what they do." The worker also accused the airline manufacturing giant of prioritizing profit over its employees.

Recently, the union turned down Boeing's "best and final offer," which included a doubled signing bonus and a 30% pay raise over four years. The union is holding firm on its demands for a 40% raise and the reinstatement of their pension plan.

Boeing is grappling with significant financial setbacks, as industry experts calculate that the strike’s first 20 days have led to $1.65 billion in regional economic losses. A recent U.S. Senate Permanent Subcommittee investigation revealed that Boeing workers felt compelled to prioritize production speed over quality. The union also rejected Boeing's request to furlough aerospace engineers as a cost-saving measure during the strike.

The report, which highlighted inadequate training for factory workers, was released ahead of a scheduled hearing with Federal Aviation Administration Administrator Michael Whitaker.

The views expressed in this article do not reflect the opinion of ICARO, or any of its affiliates.

Related