Boeing Tightens Spending Ahead of Critical SPEEA Union Vote
Boeing has implemented spending controls and a hiring freeze as it faces a critical contract ratification vote with its 17,000-member engineering union.
Sep 17, 20263 min
Business
4 aviation articles tagged “SPEEA”
Boeing has implemented spending controls and a hiring freeze as it faces a critical contract ratification vote with its 17,000-member engineering union.
Boeing CEO Kelly Ortberg warned that a potential strike by 17,000 engineers would immediately halt the 777X certification and production programs.
Boeing and the SPEEA reached a tentative 4-year contract agreement, offering a 10% wage increase to avoid a strike by 17,000 engineering employees.
Boeing and the SPEEA union have started contract negotiations for 17,000 workers, utilizing Interest-Based Bargaining to avoid potential labor disruptions.