Strike shows challenge to Boeing 'reset' of labor relations
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Boeing workers began striking on September 12, 2024, after overwhelmingly rejecting a new contract; the strike involves 33,000 workers in the Seattle area and has halted production of the 737 MAX and 777; workers demand a 40% wage increase, while Boeing's offer is perceived as misleading at 25% due to the elimination of bonuses; union members cite over a decade of stagnant pay and rising living costs; new CEO Kelly Ortberg's efforts to reset labor relations face significant challenges; previous CEO James McNerney's decisions weakened union leverage; Boeing has started furloughs for staff amid the strike; talks between Boeing and the union have made no meaningful progress; experts suggest Boeing must raise its offer while workers may need to lower expectations.
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https://www.legit.ng/business-economy/economy/1614824-strike-shows-challenge-boeing-reset-labor-relations/