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Mechanics' Strike at Boeing Ended
November 12, 2024, 01:18 PM
LS1 GTOMechanics' Strike at Boeing Ended
Looks like that collective bargaining unit showed them!!
Also in the news: Today Boeing announced 10% lay-offs.
https://www.seattletimes.com/b...after-8-week-strike/quote:
Machinists return to work at an unsettled Boeing after 8-week strike
Boeing’s 33,000 Machinists union members will be back at work Tuesday, restarting production at the company’s largest commercial airplane factories after an eight-week strike left the plants sitting idle.
The strike strained finances for Boeing, its workforce, aerospace suppliers and businesses surrounding the quieted factories, but it ended before the financial toll became devastating, according to analysts and local economists.
Machinists lost paychecks and health insurance benefits but are returning to work with a guaranteed wage hike and an extra one-time ratification bonus. Boeing risked a credit rating downgrade and further production delays, but analysts appear optimistic the company can successfully move forward if it ramps up production efficiently.
Aerospace suppliers on hold while Boeing’s Renton and Everett factories sat idle may face the worst damage, as their workers return without the perks of a new contract.
The strike, which began Sept. 13, ended last week when 59% of ballots cast supported the new contract. Machinists secured a 38% general wage increase over the next four years and a $12,000 ratification bonus. At 53 days, the strike was slightly shorter than the last work stoppage at Boeing, which lasted 57 days in 2008.
Workers lost an average of $10,400 in wages after 50 days on strike, according to an analysis from the investment banking company Jefferies. But, some workers could see a $9,900 gain in the first year of the contract. And, workers can choose how to split the $12,000 ratification bonus between their paycheck and contributions to a 401(k) retirement plan.
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Boeing’s agreement with Machinists will serve as a “benchmark” for future negotiations, the analysts wrote, including workers at supplier Spirit AeroSystems, which Boeing is acquiring. (emphasis mine)
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Looming layoffs
Machinists are returning to the factory right as Boeing is gearing up to lay off 10% of its workforce, or 17,000 roles. The company plans to notify the first of those workers who will be let go on Wednesday, one day after the Machinists must be back at work.
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Life moves pretty fast. If you don't stop and look around once in a while, you could miss it.
"If dogs don't go to Heaven, I want to go where they go" Will Rogers
The definition of the words we used, carry a meaning of their own...
November 12, 2024, 01:39 PM
RogueJSKCool. Now they can go back to building planes whose doors fall off and spacecraft that strand astronauts in space. Just with 38% more pay for their same poor quality work. And 10% fewer workers to do it.
November 12, 2024, 01:47 PM
patwquote:
Originally posted by RogueJSK:
Cool. Now they can go back to building planes whose doors fall off and spacecraft that strand astronauts in space. Just with 38% more pay for their same poor quality work. And 10% fewer workers to do it.
Exactly what I was thinking. Unreal.
November 12, 2024, 01:52 PM
Lord VaalicThey don't care about the 10%. It wont be them.
There is not one damn thing solid about the so called "solidarity" of the union. I once saw a plant supervisor tell the maintenance people he could save everyone's job, but no more OT. They had a fit, turned it down, and he cut 30% of them.
Don't weep for the stupid, or you will be crying all day November 12, 2024, 02:51 PM
corsairThat company needs to be broken up, for its own good.
November 12, 2024, 05:19 PM
comet24It's sad what has become of Boeing. The only major US aircraft manufacturer has become trash.
_____________________________________
Because in the end, you won’t remember the time you spent working in the office or mowing your lawn. Climb that goddamn mountain. Jack Kerouac
November 12, 2024, 05:23 PM
Mars_AttacksBoeing blew it with the Starliner.
Not even the union can leverage Boeing back into profitability.
____________________________
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Here, poke at it with this stick.
November 12, 2024, 06:36 PM
LS1 GTOquote:
Originally posted by Mars_Attacks:
Boeing blew it with the Starliner.
Not even the union can leverage Boeing back into profitability.
They blew it twice.
Life moves pretty fast. If you don't stop and look around once in a while, you could miss it.
"If dogs don't go to Heaven, I want to go where they go" Will Rogers
The definition of the words we used, carry a meaning of their own...
November 12, 2024, 07:15 PM
apprenticequote:
Originally posted by corsair:
That company needs to be broken up, for its own good.
In some ways it has been for quite a while. When I was working for a shop that made some parts for "Boeing" it mattered a great deal whether it was Boeing Seattle or Boeing St. Louis for example.
Each location has its own specialties and air frames, and dealing with them can be night/day different.
November 12, 2024, 10:02 PM
old rugged crossAnyone know or have a guess what the percentage of the worlds aircraft is Boeing?
"Practice like you want to play in the game"
November 12, 2024, 10:10 PM
wrightdDo big manufacturers like these generally screw their union employees as par for the course, particularly against those who are skilled tradesman. Or it it more the other way around ? I've never met a union member who didn't think they were gods gift to their company, and I did work around that type of situation as a contractor where the shipyard had to have 5 union guys to the job of 1 based on outrageous work/tasking rules etc., and they complained about things that still sounded pretty good to me. But I've never been in a union or any company or organization who couldn't fire you on the spot for any reason or no reason at all. What is the essence of the tension between companies and unions ? Is it basically greed and screw you just because I can, or is it by necessity more complicated than that ? Or does everyone do well if/when management and executives are reasonable people, and/or the other way around ?
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Wile E. Coyote School of DIY Disaster November 13, 2024, 02:12 AM
drill sgtOk now you say the strike is over so the mechanics can go back to work but wait the company has suffered major monies losses during the workforce shut down that now to try and make way for the salary pay increase agreed on for the new contract that approx 17,000 employees will be laid off.... Plus about the outsider suppliers will be probably have layoffs due to loss of previous loss of income during the work stoppage as well as the reduced future income due to less supplies and servicies required...................................... drill sgt.
November 13, 2024, 06:50 AM
gearhoundsThe irony here is that the union reps will claim this as a victory as they get into their Porsche’s or BMW’s and drive off while the remaining employees slap each other on the back over their pay increase while overlooking their increased work load.
“Remember to get vaccinated or a vaccinated person might get sick from a virus they got vaccinated against because you’re not vaccinated.” - author unknown November 13, 2024, 07:12 AM
egregorequote:
Originally posted by old rugged cross:
Anyone know or have a guess what the percentage of the worlds aircraft is Boeing?
I don't know, but it's gotta be a lot.
Certainly the majority of airliners and U.S. military aircraft are.
November 13, 2024, 09:48 AM
RogueJSKquote:
Originally posted by old rugged cross:
Anyone know or have a guess what the percentage of the worlds aircraft is Boeing?
~41% of commercial aircraft.
No data available for government/military.
November 13, 2024, 11:47 AM
old rugged crossOk, thanks guys. I assumed something like that.
Like boeing or hate them. They obviously do a lot for travel, military, and exploration. Not to mention provide lots of high paying jobs. Union is, well, the union.
"Practice like you want to play in the game"