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Boeing and the Workers: War’s End in Sight

Long story short Boeing And his Employees It seems to finally reach the end of the line. After more than a month of strikes that brought the aerospace giant’s production to its knees, workers represented by the International Association of Machinists and Aerospace Workers (Iam) have received an offer that could end the strike. is The union, which protects 33,000 employees, has notified its members that there is a proposal on the table that it describes as “worthy of your attention.” And with that, the decision is made on Wednesday 23 October: a vote that could put a lid on one of the most relevant trade union struggles of recent times.

The announcement was made on Saturday in a post on X, the social media platform formerly known as Twitter.

Political pressure and demand for solutions

The breakthrough in talks comes after some Democratic politicians in Washington state, where Boeing is headquartered, urged the company and the union to find an immediate solution. In a letter sent Tuesday, Senators Maria Cantwell and Patty Murray, along with Representatives Adam Smith and Rick Larsen, called on the two sides to “work quickly on a fair and lasting agreement” that would protect Boeing’s future. Recognize the value of mechanic manpower.

The tug-of-war ends on the ballot paper. Next Wednesday, in fact, workers will be called to vote on whether to ratify the contract and end the strike that has so far paralyzed Boeing production. This is no small decision.But a choice that will determine the future of 33,000 workers and the company itself.

Rising Wages and Bonuses: Wrested from Contract Dev.

The Union did not give up and got a very good package of conditions under the leadership of the negotiating committee: 35% increase in salaries in four years And a Only $7,000 bonus. As if that weren’t enough, Boeing agreed to increase contributions to employee retirement accounts. But beware: it was not an easy battle, and it all required the intervention of the US Secretary of Labor, Julie Sue, to defuse the situation.

50-million-a-day strike: Boeing in trouble

The stakes are high for Boeing. As the talks progressed, CEO Kelly Ortberg dropped a bombshell: 17,000 job cuts and a delay in delivery of the 777X, the long-awaited jet that was supposed to save the day. These desperate acts show how much the strike has damaged the company’s coffers.

Boeing workers have repeatedly expressed their frustration over stagnant wages and changes in the company’s pension policies. Dissatisfaction was also expressed publicly, with A promise to continue the strike Until a fair agreement is reached.

According to Bank of America analysts, the strike isn’t just slowing down Boeing: It’s draining its accounts. We are talking about one. 50 million dollar loss per dayProduction of its flagship models, the 767 and 777, was halted. And Boeing’s financial woes don’t stop there: The company is fighting on multiple fronts, desperately trying to contain losses and save its future.

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