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Boeing offers largest wage increase ever to avoid work stoppage it cannot afford.
Boeing offers largest wage increase ever to avoid work stoppage it cannot afford.
They are basically in a once in a lifetime position with all leverage on their side. While the pay increase is great, they had some specific provisions they wanted to be restored after the last contract, during which the company asked them to take huge benefit cuts due to economic crisis. The article is vague about that, so it’s likely to depend on those specifics.
Yeah, the person I know is filling me in on that right now. Boeing is definitely still being greedy, and a strike still seems likely. With the 25% raise comes the loss of their annual performance bonus, so it’s not actually 25% at all. Fucking greedy shits! (Boeing, not the workers)