Boeing Co. is grappling with an intensifying labor dispute at its St. Louis-area defense facility, where roughly 2,500 members of the International Association of Machinists and Aerospace Workers have been on strike since 4 August. The walkout has halted production of F-15 and F/A-18 fighter jets, underscoring a broader wave of U.S. labor activism that is testing Chief Executive Officer Dave Calhoun’s effort to rebuild the company’s culture after a series of crises. Union leaders joined by Democratic lawmakers rallied outside the plant on 21 August, pressing management for a richer contract that would lift general wages, shorten the time required to reach top pay grades, and enhance 401(k) contributions. IAM president Brian Bryant said workers want terms comparable to a Seattle-area pact approved last November that delivers a 38 percent wage increase over four years. Boeing vice-president and site general manager Dan Gillian defended the company’s latest proposal, calling its average 40 percent pay boost “strong,” but the union says the package—built around a 20 percent general wage rise, a US$5,000 ratification bonus and expanded leave—is inadequate. Both sides say no new bargaining sessions are scheduled, leaving fighter-jet output idle and adding pressure on Boeing’s defense unit as the strike drags on.
Boeing, Union Head Back to Negotiating Table. The Stock Is Up. https://t.co/jqLnpoiQw0
$BA - Boeing Union Rides Wave of Labor Activism Into Showdown Over Pay
Boeing CEO's campaign to rebuild the company culture from the factory floor on up is being put to the test by a rise in labor activism not seen in decades https://t.co/hjYelD3JzQ