33,000 Boeing workers have walked out on strike today after voting to reject a tentative agreement between their employer and union leadership.
The deal included a 25% pay increase over a four-year period, lower employee healthcare contributions, and a return to a traditional pension plan—but fell short of the 40% pay increase demanded by factory workers.
Of the 33,000 unionized Boeing workers who are a part of the International Associate of Machinists and Aerospace Workers, 94.6% voted against the agreement, and 96% voted in favor of a strike.
Boeing CEO warns strike could put company’s “recovery in jeopardy”
The walkout comes after months of negotiation, as Boeing and the IAM attempted to hash out a new agreement for the first time in 16 tears.
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