Boeing Union Says It Will Vote on New Proposal to End Strike

Published On Oct 19, 2024, 11:30 AM

Boeing's largest union has reached a proposed deal to end a prolonged strike involving over 33,000 workers, which began on September 13. The agreement includes a 35% raise over four years and a one-time bonus of $7,000 if ratified. The union will vote on the proposal this Wednesday. Boeing has faced significant financial challenges during the strike, announcing cost-cutting measures that included furloughs of white-collar employees due to a decline in production.