Also read as: Boeing was able to safely pay 35% more all along but felt like their executive class deserved that money instead.
this post was submitted on 20 Oct 2024
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#Union Strong!
And I am willing to bet that a stipulated part of the agreement is to hire back the ones who were fired if they are union members. Because fuck that shit and fuck management
Amen to that! Very well said!
I wish it would become standard to report these things not as a single number, but as yearly increases paired with the contract duration. That would make it much easier to put them into context, and compare them to other deals or inflation.
Just the number alone without context can also be straight up misleading. I remember that when train personel went on strike here in Germany, I saw some articles comparing the demand and offer by just mentioning that single number, and they seemed fairly close. Well, one was over 2 and the other over 3 years, making them massively different in practice.
It's intentional. Big number makes big headlines plus paints union as greedy, . demanding enormous raises the rest of us only dream of (or maybe we should join a union?)
They rejected 25% earlier. Hope that the extra 10% does the job.
Might as well promise them anything. Boeing is likely to fold or require layoffs soon anyways.
They're already laying off 10% of their workforce company wide.
The US government wouldn't let Boeing fall. As much as I'd love seeing that happen, the strategic importance of having a US-based manufacturer for large commercial airplanes is too large to let them go bust. The US as a country would buy themselves a lot of dependency on other countries through potential tariffs, etc.
I agree, but I am not sure what that will look like. Restructuring? Bail out?
They currently don't make anything anyone even wants. How long till they can retool and get competitive?
In any case, it would seem like whatever is promised to employees now may not be what they get in the future.