strike Strike may refer to: People * Strike (surname) Physical confrontation or removal *Strike (attack), attack with an inanimate object or a part of the human body intended to cause harm *Airstrike, military strike by air forces on either a suspected ...

by about 27,000

machinists A machinist is a tradesperson or trained professional who not only operates machine tools, but also has the knowledge of tooling and materials required to create set ups on machine tools such as milling machines, grinders, lathes, and drilling m ...

Boeing The Boeing Company () is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. The company also provides leasing and product ...

over outsourcing,

job security Job security is the probability that an individual will keep their job; a job with a high level of security is such that a person with the job would have a small chance of losing it. Many factors threaten job security: globalization, outsourcing, ...

, pay, and benefits began September 7, 2008. The

union Union commonly refers to: * Trade union, an organization of workers * Union (set theory), in mathematics, a fundamental operation on sets Union may also refer to: Arts and entertainment Music * Union (band), an American rock group ** ''Un ...

International Association of Machinists The International Association of Machinists and Aerospace Workers (IAM) is an AFL–CIO/ CLC trade union representing approx. 646,933 workers as of 2006 in more than 200 industries with most of its membership in the United States and Canada. Or ...

, and Boeing appeared unwilling to compromise to settle the strike. The company had 3,700 jets on back order, which union members hoped would put pressure on Boeing to end the strike. In late October 2008, a tentative deal was reached between Boeing and the union, in which Boeing made a number of concessions. Boeing told SPEEA engineers that the company planned less outsourcing on future airplanes, including the next

787 Dreamliner The Boeing 787 Dreamliner is an American wide-body jet airliner developed and manufactured by Boeing Commercial Airplanes. After dropping its unconventional Sonic Cruiser project, Boeing announced the conventional 7E7 on January 29, 2003, ...

model. On November 1, 2008, members of the union ratified the contract, ending the eight-week strike. The new contract was approved by 74 percent of those voting in favor. This was the longest strike against Boeing by this union since 1995, and the fourth in twenty years. The strike cost the union members an average of $7,000 in base pay and cost the company $100 million per day in revenue and penalties with a postponement of the delivery of aircraft. Boeing has a $350 billion backlog.

References

Boeing Machinists Strike of 2008 2008 labor disputes and strikes Labor disputes in the United States International Association of Machinists and Aerospace Workers Manufacturing industry labor disputes in the United States {{NorthAm-trade-union-stub