Boeing just the latest company to go head to head with unions

Just give the union what they want already. Read the story just below this one on JT, one interest rate cut of 25 basis point will provide more than enough fund the pay rise.

Don't forget, Boeing workers has been having pay and condition reduced because of inflation and hardnose restructure under Muilenburg. This is just a catchup, a much needed catchup.

Workers' wages will be forced down to subsistence level as greedy capital takes more and more. Now, who was it that predicted that? Of course, capital will claim ludicrously that it is always efficiently redeploying capital and all will gain in the long run but it's a chimera. Collective bargaining is the only way for the workers and to preserve a workable capitalism. Though some industries are not easily unionisable and some unions are stronger that others.

Sh1mon M4sadaToday  08:50 am JST

Just give the union what they want already. Read the story just below this one on JT, one interest rate cut of 25 basis point will provide more than enough fund the pay rise

And when interest rates rise again?

And when interest rates rise again?

..when?, how much, it's all horses for courses, you deal with it when the time comes and you deal with the circumstances. IF, rates do need to rise, wouldn't this suggest that business is doing well, and the feds need to rein it in?

Sh1mon M4sadaToday  10:15 am JST

And when interest rates rise again?

..when?, how much, it's all horses for courses

Boeing are not self funded and have free cash in the bank. They are funded just like the majority of businesses so when interest rates raise so does the payments top the bank along with any other new borrowing they must take. So yes if interest rates lower but say .25 they have surplus to pay the staff a raise. But when happens down the track when they raise again by say .75? Based on your theory they should put theor staff on a rolling salary the fluctuates when interest rates change

I wonder how all this will play out once companies start adopting humanoid robotics to these type of factories in the future...

it’s ironic that much of the base for trump are low wage earners and are supporting someone who says companies should fire workers who want to unionize.

such a strange world today.

after ups agreed to the deal, they started laying off workers to bring labor costs back to what they were before the deal. haha.

employee owned businesses grow faster, are more resilient, more sustainable and more profitable than non employee owned businesses.

the only thing investor owners bring to the table is money, usually other people’s money. they add no other value. management goal is only stock price at all cost.

Boeing upper management has been ruining the company for decades. It is not surprising that the union has much to complain about.