Boeing union rejects offer to end strike, complicating CEO's plan to turn company around
PBS News Hour - Segments
PBS NewsHour
4.1 • 1K Ratings
🗓️ 24 October 2024
⏱️ 4 minutes
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| 0:00.0 | Boeing is no closer to ending its six-week-old strike after its latest contract offer was rejected by workers last night by a stunning margin. |
| 0:10.0 | The results of that vote came just hours after the company announced a huge quarterly loss |
| 0:15.2 | and acknowledged it has a long way to go to earn back customers trust. |
| 0:19.7 | Stephanie Sigh has our report. |
| 0:21.6 | The latest attempt to end a six week strike didn't end well for Boeing. |
| 0:29.0 | Today, members voted to reject the company's latest offer by 64%. |
| 0:35.0 | 64%. |
| 0:39.0 | An overwhelming result that keeps 33,000 factory workers on the picket lines in Washington, Oregon, and California. |
| 0:47.0 | After last night's vote, John Holden, the president of the local union, vowed to keep putting the pressure on Boeing. |
| 0:54.0 | We will stand for the demands that our members need to get a contract that they can respect, |
| 0:59.2 | that shows the respect that they deserve. |
| 1:02.0 | There's much more work to do. that they |
| 1:05.0 | expect that they deserve. There's much more work to do. If the deal had passed it would have given workers a 35% |
| 1:08.0 | wage increase over four years as well as a $7,000 signing bonus, a compromise between the company's |
| 1:15.8 | offer of a 25% increase and the union's initial demand for a 40% raise. |
| 1:22.0 | Boeing refused to budge on demand. for a 40% race. |
| 1:23.0 | Boeing refused to budge on demands that it restore a traditional pension plan that was |
| 1:28.2 | axed a decade ago. Workers say that is a major sticking point. |
| 1:35.4 | Even a lot of the new hires are looking at the pension as a way to the future. |
| 1:39.5 | The fact that the country has not given that as an option and everybody says they're out of date |
| 1:45.0 | does not mean they don't work. |
| 1:46.8 | I feel sorry for the young people. |
... |
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