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Boeing Workers Strike: The world's leading aircraft manufacturer Boeing has also embarked on the path of layoffs. The company has stopped recruitment. It also said that it will also do temporary layoffs to save cash. Boeing told its employees that our business is going through a difficult phase. The strike in Boeing started last week. About 33 thousand employees are involved in this strike.
The company's Chief Financial Officer (CFO) Brian West has told employees that the company is going to take 10 steps to save money. Apart from layoffs, these include stopping recruitment everywhere, eliminating salary increases for managers and traveling only when absolutely necessary. According to Brian West, the layoffs will affect employees as well as officers. Full details of this will be given in the next few weeks. He said that this strike has harmed our recovery efforts.
About 33,000 Boeing employees started a strike on Friday. The company had offered the employees that their salary would be increased by 25 percent in 4 years. On the other hand, the employees union is demanding that their salary be increased by 10 percent every year.
The government has tried to mediate between the company and the union. This meeting is going to take place today. The union is conducting a survey among the employees to find out what they want in their new contract. Boeing employees are on strike in many places including Washington, Oregon and California.
Employees say that the offer given last week is very bad. The last strike happened in 2008. They say that the company is continuously making profits but does not want to give us a share of it. Employees have also demanded to fix annual bonus. But, Boeing says that fixing bonus for 33,000 people is not an easy task. Employees are also demanding better pension and health care plans.