Posts tagged machinists
Boeing hires replacement workers as defense unit strike enters second month
September 8, 2025 // The company had offered a 20% general wage increase, a $5,000 ratification bonus and other improvements. Boeing said the increases could average about 40% taking into account other improvements. The increases would bring average IAM 837 machinist pay to more than $102,000 from $75,000, according to a note from Jefferies last month. Boeing’s defense unit contributed about 30% of the company’s $42 billion in revenue in the first half of this year.
Labor unions are much stronger in Oregon than nationally
September 2, 2025 // Nearly 300,000 Oregon workers belong to a union, according to federal data, about 1 in 6 workers statewide. Union membership rates have fluctuated since the 1980s but have gradually increased over the past two decades.
Thousands of machinists union members go on strike at jet engine maker Pratt & Whitney
May 7, 2025 // About 3,000 labor union members have gone on strike at jet engine maker Pratt & Whitney in Connecticut, as negotiations over wages, retirement benefits and job security broke down
Butte-Silver Bow County union workers still angry over contract negotiations, threaten strike
November 5, 2024 // In the meantime, the clerks union that consists of 65 members is adding its voice of malcontent. "Our position currently right now is that we are the lowest paid Butte-Silver Bow employees. Our employees are 12-13 on up, and what we’re looking for is making sure that these have a livable wage and making sure that they have health insurance and those types of things," says Jennifer Kerns, a county administration assistant and vice president of the Local 372. Kerns says so far, union members have voted down the current contract twice and will take their third and final vote next week. In her time with the union, she says she has never seen the clerks vote down a contract.
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.
Strike ends as union at Textron Aviation in Wichita approves new contract
October 22, 2024 // A simple majority of the roughly 5,000 workers represented by the union was needed to approve the contract. The union did not immediately release results of the vote, which was held Saturday and Sunday at its headquarters in south Wichita. "We know aircraft in Wichita," Clint Shockley, the business representative for the union, said in a statement. "We also know family, survival, and our members' rooted values here. Local 774 members have shown that through collective action and won."
Contract negotiations continue between machinists union, Textron Aviation
October 14, 2024 // Contract negotiations are back on between the machinists union (IAM District 70, Local Lodge 774) and Textron Aviation amid the third week of a strike that began after workers overwhelmingly rejected the company’s contract offer.
Boeing will lay off 10% of employees as a strike shuts down airplane production
October 14, 2024 // About 33,000 union machinists have been on strike since Sept. 14. Two days of talks this week failed to produce a deal, and Boeing filed an unfair-labor-practices charge against the International Association of Machinists and Aerospace Workers. As it announced layoffs, Boeing also gave a preliminary report on its third-quarter financial results — and the news is not good for the company. Boeing said it burned through $1.3 billion in cash during the quarter and lost $9.97 per share. Industry analysts had been expecting the company to lose $1.61 per share in the quarter, according to a FactSet survey, but analysts were likely unaware of some large write-downs that Boeing announced Friday — a $2.6 billion charge related to delays of the 777X, $400 million for the 767, and $2 billion for defense and space programs including new Air Force One jets, a space capsule for NASA and a military refueling tanker.