Bloomberg Businessweek: Six Lessons learned from the Boeing-IAM 777X contract negotiations

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Boeing (Chicago), some would say, got what it wanted with the IAM. The new 777X will be built in the Puget Sound area as we have reported. The vote to keep the new airplane in the area passed by a narrow-51-49 percent vote. Boeing threatened to move the project away from the area and was courting offers from 22 states. The tactic worked. The victory for Boeing split the IAM over the issue of pensions versus having a contract and work. Some IAM member have now filed charges of unfair labor practices with the Department of Labor. Bloomberg Businessweek dissects the contract negotiations and the six lessons learned.

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