Boeing workers strike for better pay and benefits as negotiations continue
Boeing workers are on strike for three weeks, demanding better pay and benefits after years of dissatisfaction. The strike, supported by 96% of union members, has halted production in Washington state, with workers receiving support like food and strike pay. Boeing faces significant financial challenges, including $53 billion in debt and a need for $10 billion in cash. The company’s latest pay offer of a 30% increase over four years is seen as inadequate by workers, who have experienced stagnant wages. Negotiations are set to continue with a federal mediator. The union is pushing for a 40% pay increase and the restoration of defined benefit pensions, which Boeing has ruled out. The strike reflects broader labor movements and worker frustrations with corporate practices.