Breaking — Boeing reaches contract agreement with union, strike may end.

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Boeing
and its machinists’ union have agreed on a new negotiated offer to raise worker pay and potentially end a crippling strike that began almost seven weeks ago with a vote on the new proposal set for Monday.

The union urged workers to approve the contract.

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“In every negotiation and strike, there is a point where we have extracted everything that we can in bargaining and by withholding our labor,” the International Association of Machinists and Aerospace Workers District 751 said Thursday. “We are at that point now and risk a regressive or lesser offer in the future.”

The union said that asking its members to stay on strike longer “Wouldn’t be right as we have achieved so much success.”

MORE:

www.cnbc.com/2024/10/31/boeing-union-reach-sweetened-contract-offer-in-bid-to-end-strike.html

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