Description
Boeing has presented its "best and final offer" to the machinists union in an attempt to end a strike that has already cost the company nearly half a billion dollars.
Over 33,000 Boeing machinists represented by IAM District 751 have been on strike for over a week now, halting production on many of the company's jets - including its most profitable model, the 737 Max.
Machinists were in search of a 40% raise over the contract period, reinstatement of a pension plan that the company scrapped in 2014, better healthcare options and increased job security. They voted down the initial contract offer from the company by 94%, with 96% of members then voting to strike.
READ MORE: https://www.king5.com/article/tech/science/aerospace/boeing/boeing-final-contract-offer-machinists-strike/281-b18924b5-96b5-4413-ad2c-64cca58b557c