Pressure to end the strike is growing on new CEO Kelly Ortberg. Since going on strike last month, Boeing factory workers have repeated one theme from their picket lines: They want their pensions back.Boeing froze its traditional pension plan as part of concessions that union members narrowly voted to make a decade ago in exchange for keeping production of the company’s airline planes in the Seattle area.Like other large employers, the aerospace giant argued back then that ballooning pension payments threatened Boeing’s long-term financial stability.

Topics:  ceo kelly   ortberg   international association   machinists   aerospace workers   charles fromong   seattle   i m   i   boeing   company   deserve   spent   years   offer   voted   
BING NEWS:
  • Boeing machinists reject new labor contract, extending more than 5-week strike
    Boeing machinists walked off the job on Sept. 13 after overwhelmingly rejecting an earlier proposal. The union voted 64% against the latest labor proposal, which included 35% raises, a $7,000 ...
    10/24/2024 - 10:59 am | View Link
  • Union vote to prolong strike deepens Boeing’s problems
    Before it can get on the long path to recovery, the aerospace giant needs to get workers back in its factories.
    10/24/2024 - 10:43 am | View Link
  • Prolonged strike clouds new Boeing CEO's turnaround
    The quest by Boeing's new CEO to revive the aviation giant's fortunes suffered a serious blow when striking machinists voted down the latest contract proposal, prolonging a nearly six-week stoppage.- ...
    10/24/2024 - 9:38 am | View Link
  • Vote to continue strike exposes Boeing workers' anger over lost pensions
    Since going on strike last month, Boeing factory workers repeated one theme from their picket lines: They want their pensions back ...
    10/24/2024 - 9:08 am | View Link
  • No end for Boeing labor strike as workers reject latest contract proposal
    Their strike has stopped production of the aerospace giant’s bestselling jetliners. On Wednesday, the company reported a third-quarter loss of more than $6 billion.
    10/23/2024 - 11:03 pm | View Link
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