Posts tagged Kelly Ortberg
St. Louis unions rally alongside striking Boeing workers
September 19, 2025 // On Friday morning, the union is set to vote on a contract proposed by its own negotiating committee. It includes an updated 401(k) plan, higher wage increases for employees at the top of the pay scale and a $10,000 signing bonus, up from the $4,000 bonus in the previous contract. If union members approve the contract, it will be submitted to Boeing as a pre-approved agreement. If Boeing declines the proposal, the union said it will continue to strike and be ready to return to the negotiation table with the company.
Thousands of Boeing workers who build fighter jets and weapons go on strike
August 4, 2025 // The vote followed a weeklong cooling-off period after the machinists rejected an earlier proposed contract, which included a 20% wage increase over four years and $5,000 ratification bonuses. Boeing warned over the weekend that it anticipated the strike after workers rejected its latest offer, which did not further boost the proposed wage hike. However, the proposal removed a scheduling provision that would have affected workers' ability to earn overtime pay. “We’re disappointed our employees rejected an offer that featured 40% average wage growth and resolved their primary issue on alternative work schedules,”
Boeing to lay off over 2,200 workers in US states of Washington and Oregon
November 18, 2024 // Boeing will lay off more than 2,200 workers in the U.S. states of Washington and Oregon, according to filings posted on Monday, as part of the debt-heavy U.S. planemaker's plan to cut 17,000 jobs, or 10% of its global workforce.
Boeing Will Pay Furloughed Staff But Cut 10% Of Jobs After Settling Strike
November 11, 2024 // Ortberg also reiterated the companys plans to slash its workforce by about 10% of its 170,000-strong headcount across the US and other countries. The CEO first detailed these plans on October 11, when Boeing published its preliminary Q3 results. At the time, the executive said that the company had to reset its workforce levels to align with its financial reality and to focus on critical priorities.
Boeing strike ends as workers accept new contract
November 5, 2024 // Boeing has said the average annual machinists' pay at the end of the new four-year contract will be $119,309, up from $75,608 previously. The pay increase may add $1.1 billion to Boeing's wage bill over the four years, while a $12,000 ratification bonus for each union member could result in another $396 million in outflows, according to analysts at Jefferies. More than 26,000 union members voted, putting turnout near 80%.
Boeing workers vote to reject contract deal, extending strike
October 24, 2024 // Boeing has announced plans to cut 17,000 jobs and is closing in on a plan to raise up to $15 billion from investors to help preserve its investment grade credit rating, while some airlines have had to trim schedules due to aircraft delivery delays. Ortberg warned on Wednesday there was no quick fix for the ailing planemaker.
Boeing workers going on strike after 96% vote for walkout
September 13, 2024 // The deal included a general wage increase of 25%, a $3,000 signing bonus and a pledge to build Boeing's next commercial jet in the Seattle area, provided the program was launched within the four years of the contract. Although IAM leadership recommended last Sunday that its members accept the contract, many workers had responded angrily, arguing for the originally demanded 40% pay rise and lamenting the loss of an annual bonus. "We're going to get back to the table as quickly as we can," Holden told reporters, without saying how long he thought the strike would last or when talks would resume. "This is something that we take one day at a time, one week at a time.” Workers have been protesting all week in Boeing factories in the Seattle area that assemble Boeing's MAX, 777 and 767 jets.