Could Union-Busting Save Boeing? Who's Laughing Now?
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August 25, 2020 - by Paul Ausick for 247wallst.com
- In the letter to its members, IAM 751 president, Jon Holden, accuses Boeing of "attempting to align the politicians and the media in order to exert maximum pressure [on the union].
Last Friday, Boeing Co.'s (NYSE: BA) largest union sent a letter to its members pointing to press reports that the company wants to talk to the union about consolidating 787 Dreamliner assembly at one location. The company currently assembles the 787 in Everett, Washington, and North Charleston, South Carolina.
The International Association of Machinists and Aerospace Workers (IAM) Local 751 represents roughly 17,000 members in Washington and none in South Carolina.
The union contract expires in 2024 and there's virtually no chance that Boeing will let the "opportunity" presented by the coronavirus pandemic pass without taking another swipe at the union...
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