Current:Home > MarketsBoeing and union negotiators set to meet for contract talks 2 weeks into worker strike -FundPrime
Boeing and union negotiators set to meet for contract talks 2 weeks into worker strike
Johnathan Walker View
Date:2025-04-10 22:29:31
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! (3891)
Related
- Louvre will undergo expansion and restoration project, Macron says
- CFP rankings channel today: How to watch first College Football Playoff poll
- Oprah Winfrey and Katy Perry Make Surprise Appearance During Kamala Harris Philadelphia Rally
- 3-term Democratic lawmaker tries to hold key US Senate seat in GOP-friendly Montana
- Former Syrian official arrested in California who oversaw prison charged with torture
- Nancy Mace tries to cement her hold on her US House seat in South Carolina
- Four likely tornadoes in Oklahoma and Arkansas with no deaths or injuries reported
- In Maryland, competitive US House race focuses on abortion, economy and immigration
- The Daily Money: Spending more on holiday travel?
- Georgia Democratic prosecutor pursuing election case against Trump faces Republican challenger
Ranking
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Hogan and Alsobrooks face off in Maryland race that could sway US Senate control
- Democrat Ruben Gallego faces Republican Kari Lake in US Senate race in Arizona
- A Guide to JD Vance's Family: The Vice Presidential Candidate's Wife, Kids, Mamaw and More
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Taylor Swift watches Chiefs play Monday Night Football after end of US Eras Tour
- Gerrit Cole, Yankees call each others' bluffs in opt-out saga: 'Grass isn’t always greener'
- Justices who split on an abortion measure ruling vie to lead Arkansas Supreme Court
Recommendation
South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
Montana Rep. Zooey Zephyr must win reelection to return to the House floor after 2023 sanction
North Dakota’s lone congressman seeks to continue GOP’s decades-old grip on the governor’s post
First Family Secret Service Code Names Revealed for the Trumps, Bidens, Obamas and More
Nevada attorney general revives 2020 fake electors case
Kristin Cavallari Wants Partner With a Vasectomy After Mark Estes Split
Texas border districts are again in the thick of the fight for House control
Rudy Giuliani ordered to appear in court after missing deadline to turn over assets