September 28, 2024

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Latest September 28, 2024

Pay Talks Between Boeing and IAM Union Break Off as Strike Continues

Key Points Negotiations between Boeing and IAM have broken down, and no further talks are scheduled. Over 32,000 Boeing workers went on strike on September 13, halting production. The union demands a 40% pay raise and the restoration of a defined-benefit pension. The union rejected Boeing’s “best and final” offer of a 30% pay raise over four years. Negotiations between...

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