Boeing workers vote on a new contract, but the company’s problems are far from over

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Striking machinists at Boeing vote Wednesday on a new contract offer. Even before the strike, the company was grappling with production and quality control problems that led to billions in losses.

Terry Muriekes, a tool-storage worker at Boeing's factory in Everett, Wash. for 38 years, holds a sign during a strike rally last week.“Our members have been able to get Boeing to move a lot,” said Jon Holden, the president of the International Association of Machinists and Aerospace Workers District 751.

Boeing declined to make Ortberg available for an interview. Since taking over as Boeing’s CEO in August, he's kept a low profile. Ortberg is expected to speak publicly for the first time during an earnings call Wednesday morning. The company hasPeople hold sings during a strike rally for the International Association of Machinists and Aerospace Workers at the Seattle Union Hall in Seattle, Wash., on October 15, 2024.

The company is offering a 35% wage hike — a significant increase from the initial offer of 25%, though still short of the 40% raise the union wanted. The company would also increase its contributions to employees 401k retirement funds.Jon Holden, the president of IAM District 751, shakes hands with Kat Kinckiner, a Boeing tool-room clerk for 15 years, during a strike rally in Seattle, Wash.“When we lost our pensions, I cried,” said Kat Kinckiner, a union steward at the plant in Renton, Wash.

 

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