Boeing Bosses Blindsided By Strike, On Brink Of Crisis - Even After 25% Wage Hike Offer

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boeing bosses blindsided by strike on brink of crisis even after 25 wage hike offer
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Boeing bosses are staring down the barrel. The twists and turns of the past week paint a picture of managers badly wrong-footed by the depth of fury among workers who tossed out a 25% pay increase deal and launched strike action.
They probably didnt think that we had enough people for the strike, Kushal Varma, a Boeing mechanic, told Reuters. But this is a movement of people who are willing to put their livelihoods on the line to get whats fair. With little time to regroup, and pressure mounting, management enters a fresh week of talks to contain the crisis at the $97 billion US aerospace champion.
A week ago, Boeing executives believed theyd done enough to secure the pay deal with around 33 000 workers in Washington state, the heart of the companys global manufacturing operations, according to two people directly involved in the talks that have played out at Seattles upscale Westin hotel.
The companys initial pay increase offer had been about 12%, said the people, who requested anonymity to discuss confidential and unreported details about the horse-trading, though that number gradually crept up during the weeks of negotiations.