Boeing workers vote to reject wage deal, extend strike
Boeing workers vote to reject wage deal, extend strike
Nearly two-thirds of workers reject offer that includes a 35 percent pay rise.
cross-posted from: https://lemmy.world/post/21202408
From the article:
Boeing workers on the West Coast of the United States have voted to reject the aircraft giant’s latest contract offer and extend their nearly six-week strike.
Nearly two-thirds of workers rejected the offer, which included a 35 percent wage rise over four years but did not restore a defined pension plan sought by many employees, the Seattle branch of the International Association of Machinists and Aerospace Workers union said on X.
About 33,000 workers have been on strike since mid-September when union members overwhelmingly rejected Boeing’s proposal for a new four-year contract.
On Wednesday, the company reported a third-quarter loss of more than $6bn.
Maybe it's time for the board of directors to review the CEO's strategy the last 10-20 years and reevaluate if just focusing on payout to shareholders and bonuses for your management actually was a great long term strategy...
Try 30 years. That’s when the finance-focused dipshits acqui-hired themselves into Boeing from McDonnell Douglas, and moved the HQ from Washington state to Chicago to be closer to the financial markets. And that’s also precisely when the slide of Boeing’s culture of engineering excellence began.
Like so many other companies...
Will they learn though. Will this strike be the beginning of something...
🤞🏽
Companies like these will turn around and donate to lobby for weaker unions and labor laws, if they didnt do so already. They don't learn.
They wait.
The board are still the clowns that turned McDonell Douglas from the reliable and cutting edge manufacturer that brought us the F15 (literally the best dogfighter ever created) and F18 (the most reliable and performant light fightercraft) to driving it into the ground so hard that the US government basically killed it with lawsuits over missed contract terms and Boeing acquired/merged with it to keep it solvent.
These people have failed epicly at introspection on the national stage since the 90s, and have politicked their way into controlling Boeing, turning it from an engineer driven organization to a quarterly earnings report focused one.
And when Boeing goes belly up too and these assholes deploy their golden parachutes, it will have to be acquired by some third party international investment firm or half-assedly nationalized because no aerospace firm in their right mind will make the same mistake Boeing did and take on their toxic management.
Wake me up when management understands that they are the problem.
I would like the pay in dollars, not percent change. Also need CEO's pay.
Hard to evaluate otherwise.
That's not a simple figure to calculate, because the raises are percentage based and the people who get them don't all make the same wage.
According to https://en.as.com/latest_news/boeing-strike-how-much-do-machinists-make-per-year-average-salary-for-company-workers-n/, the current average salary for a machinist union member at Boeing is $75,600. A 35% raise would bring that average base pay to just over $100k.
CEO pay means nothing at this scale. I get it though, it's a big number, easy to point at and scream.
I did the math on American Airlines last year and if they paid the CEO nothing, that would give every worker an additional $.19/hr.
Thank you. I hear that a lot, but I have issues finding number of employees and their total salaries and benefits from financial forms.
Any idea what multiple the CEO makes of the salaries of those striking?
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