Posts tagged Airbus
Boeing Worker Side Hustles Could Drag Strike Out for Months
September 23, 2024 // But as workers stare down the embattled manufacturer for better pay and benefits, the 33,000 members of IAM District 751 have the full benefit of a tight labor market and gig economy that provides a quick transition into jobs that help make ends meet. That gives the union bargaining leverage, potentially frustrating Boeing’s effort to swiftly end a conflict that’s costing it an estimated $100 million each day. While the battle between one of the world’s largest exporters and its blue-collar workers may look like an uneven fight on its surface, Boeing finds itself in an increasingly untenable situation with its finances so dire that it can ill afford a drawn-out paralysis.
Boeing reaches tentative labor deal with 25% pay hike, new plane commitment
September 9, 2024 // The deal comes as workers are capitalizing on tight labor markets to make gains. The United Auto Workers union won a similar 25% general wage pay hike over four-and-a-half years with the Detroit Three last autumn. The talks had been watched by members of U.S. President Joe Biden's administration, with Acting Labor Secretary Julie Su last week urging the sides in an interview with Reuters to get a "fair contract."