Boeing factory workers have voted to accept a new contract offer, ending a seven-week strike that had halted production and cost Boeing an estimated $50 million per day, AP News reports.
The contract, approved by 59% of voting union members, includes a 38% wage increase over four years and various bonuses, but Boeing did not agree to restore a pension plan that had been frozen nearly a decade ago. The average annual salary for Boeing machinists will rise from $75,608 to $119,309 under the new contract, amounting to a compounded raise of over 43%.
Reactions among workers were mixed, with some celebrating the outcome as a win, while others felt it fell short of their demands. The strike, which lasted 53 days, began with a 94.6% rejection of Boeing’s initial offer, reflecting deep worker frustration over stagnant pay and past concessions.
