What Happened
Strike Threat Reduced for US Aircraft Manufacturer
Boeing has reached a tentative agreement with the Society of Professional Engineering Employees in Aerospace (SPEEA), representing about 17,000 engineers and technical workers, on a new four-year labor contract. The agreement includes a 10% general wage increase and additional raises, as well as changes to overtime provisions and remote work. The proposal must still be voted on by union members, but it reduces the immediate risk of another strike at the US aircraft manufacturer, according to reports.