Over 3,000 Boeing fighter jet workers go on strike after rejecting contract offer [CNBC]
Boeing Company (The) (BA)
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Source: CNBC
Louis, Missouri, U.S., on Monday, July 24, 2018. More than 3,200 union members who assemble fighter jets in the St. Louis area and Illinois went on strike on Monday after rejecting a second contract offer the previous day. Boeing Defense said it was ready for the work stoppage and it will implement a contingency plan that uses non-labor workers. According to the company, the rejected four-year contract would have raised the average wage by roughly 40% and included a 20% general wage increase and a $5,000 ratification bonus. It also included increasing periodic raises, more vacation time and sick leave. “We're disappointed our employees in St. Louis rejected an offer that featured 40% average wage growth,” Dan Gillian, Boeing vice president and general manager of the St. Louis facilities, said in a statement. The offer was largely the same as the first offer that was overwhelmingly rejected one week earlier. Members of the International Association of Machinists and Aerospa
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