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Striking Boeing workers reject 35% pay rise offer (www.bbc.com)

submitted 2 months ago by MicroWave to c/economics

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Striking Boeing workers have rejected a new offer from the plane-making giant, which included a 35% pay rise over four years.

The International Association of Machinists and Aerospace Workers (IAM) union said 64% of its members voted against the proposed deal.

More than 30,000 of Boeing's employees have joined the walkout, which started on 13 September, after an initial offer was rejected.

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[–] [email protected] 2 points 2 months ago

You know, everyone's getting pissed off at seeing these numbers but it is over many years.

They've already lost 20% of their buying power just in the last 4 years, and that's if you go by the fake CP lie. Reality is you need food and shelter and transportation a lot more than you need a new smart phone (my phone is from before covid), so cost of living has gone up a lot more than it says for actual people.

It isn't really the company's fault that inflation went so high, but as a defense contractor they are one of the beneficiaries of The extreme government spending that led to the inflation. The fact that they've mismanaged themselves into Oblivion isn't really material here, that's entirely self-inflicted. Every time one of the Frontline workers tries to speak out they get assassinated...