Boeing employees remain on strike for the fourth consecutive week after declining the company’s second offer for a raise.
These 33,000 employees, represented by the International Association of Machinists and Aerospace Workers, were employed at Boeing’s manufacturing factory, which produces its 737 MAX and 767 and 777 planes. Their strike is delaying further production and presenting a financial challenge to the company, which is already battling bad press.
The latest offer included a 30% raise, which was 5% more than its last offer, and a restoration of its performance bonus. However, the employees are seeking a 40% raise, vacation and sick leave accrual, progression, ratification bonus, and a 401k match, so the union rejected the offer Tuesday despite Boeing’s promise that it was their “best and final offer.”
“Unfortunately, the union did not seriously consider…
