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Boeing Workers Ready to Strike After Rejecting New Labor Contract - Reports

© AP Photo / Elaine ThompsonA Boeing 737 MAX 7, the newest version of Boeing's fastest-selling airplane, is displayed during a debut for employees and media of the new jet Monday, Feb. 5, 2018, in Renton, Wash
A Boeing 737 MAX 7, the newest version of Boeing's fastest-selling airplane, is displayed during a debut for employees and media of the new jet Monday, Feb. 5, 2018, in Renton, Wash - Sputnik International, 1920, 13.09.2024
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MOSCOW (Sputnik) - More than 30,000 Boeing employees were poised to strike on Friday after overwhelmingly voting against a new labor contract, media reported.
Workers in the Seattle area and Oregon rejected a tentative agreement proposed by Boeing and the International Association of Machinists and Aerospace Workers, with 94.6% voting against it. They voted 96% in favor of the strike, well above the two-thirds majority needed to halt work, media reported.
While the proposal reportedly offered a 25% increase in wages, improved healthcare and retirement benefits, the union had aimed for raises of approximately 40%.
File-In this Wednesday, May 21,2008 file photo, the company logo for The Boeing Co., is displayed in El Segundo, Calif. Boeing Co. say it's cutting 1,100 jobs from its U.S. plants, most of them in Southern California, as it scales back production of its C-17 cargo planes. - Sputnik International, 1920, 01.07.2024
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Boeing has lost around $8 billion this year and has a mounting debt problem. Production is below expectations due to manufacturing issues and labor shortages. It attracted additional federal attention on its production lines after a tire blowout on a nearly new Boeing 737 Max 9 at the beginning of the year.
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