this post was submitted on 24 Oct 2024
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cross-posted from: https://lemmy.world/post/21202408

From the article:

Boeing workers on the West Coast of the United States have voted to reject the aircraft giant’s latest contract offer and extend their nearly six-week strike.

Nearly two-thirds of workers rejected the offer, which included a 35 percent wage rise over four years but did not restore a defined pension plan sought by many employees, the Seattle branch of the International Association of Machinists and Aerospace Workers union said on X.

About 33,000 workers have been on strike since mid-September when union members overwhelmingly rejected Boeing’s proposal for a new four-year contract.

On Wednesday, the company reported a third-quarter loss of more than $6bn.

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[–] mindlight@lemm.ee 46 points 3 weeks ago (7 children)

Maybe it's time for the board of directors to review the CEO's strategy the last 10-20 years and reevaluate if just focusing on payout to shareholders and bonuses for your management actually was a great long term strategy...

[–] GlassHalfHopeful@lemmy.ca 7 points 3 weeks ago (4 children)

Like so many other companies...

Will they learn though. Will this strike be the beginning of something...

🤞🏽

[–] mindlight@lemm.ee 4 points 3 weeks ago (1 children)

Most likely not. The US track record isn't great regarding unionization.

I bet the board would rather pay 100 times more than what meeting the workers demands would cost, just to fight this and stop it from spreading.

[–] GlassHalfHopeful@lemmy.ca 1 points 3 weeks ago (1 children)

It's just insane. Seriously. I can't wrap my head around so many of these businesses.

[–] Mirshe@lemmy.world 3 points 3 weeks ago

A lot of it is truly what amounts to sadism. The board and the C-suite and the high-level managers below them will fight tooth and nail to avoid having to treat workers as anything but expendable. A lot of their believed power derives from "I can replace you in 5 minutes".

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