Boeing Sweetens Contract Offer Amid Costly Machinists' Strike

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Boeing Sweetens Contract Offer Amid Costly Machinists' Strike
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Boeing has increased its contract offer to more than 30,000 striking machinists, aiming to end a costly labor dispute. The revised proposal includes significant wage increases, reinstated bonuses, and other improvements after workers overwhelmingly rejected an initial agreement.

More than 30,000 Boeing machinists began a strike on Sept. 13 after overwhelmingly turning down a tentative agreement.

The company's new offer would boost general wages by 30% over four years, up from a previously proposed 25%. It also doubled the ratification bonus to $6,000, reinstated an annual machinist bonus and raised the company's 401 match.

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Boeing Strike Machinists Contract Labor Dispute

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