Boeing strike ends after labor union accepts contract offer, announces return to work

The International Association of Machinists and Aerospace Workers Local 751, representing 33,000 members in Seattle, ended its nearly two-month strike after accepting Boeing’s contract proposal.

The deal, approved by 59% of union members, includes a 38% pay raise over four years, boosting salaries from $75,608 to $119,309, along with bonuses.

However, Boeing did not reinstate the company pension plan, offering only 401(k) matching contributions instead.

Workers can return to their jobs by Nov. 12.

The strike, which started on September 13, had significant impacts on Boeing’s production, particularly on the 737 MAX, 767, and 777 aircraft, Fox Business has reported.

read more: https://www.foxbusiness.com/industrials/boeing-strike-ends-labor-union-accepts-contract-offer-announces-return-work

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