Do you have any concept what it would cost the company to disrupt production for even a few months to retrain new workers?
It takes two to have a strike. The company could have avoided this strike as easily as the union.
My union went on strike a few years ago. While we were out we did something that the IAM has never been able to achieve. We completely shut down deliveries instantly. (Boeing only gets paid when they deliver airplanes). Now the company loves to talk about looking out for shareholders. But while we were out the stock fell $12 (about $12,000,000,000 reduction in shareholder value), I estimated that it would have cost $120,000,000 to avoid the strike. So it was a 100 to one loss. How is that the comany looking out for shareholder value.
BTW when we came back they extended some of the benefits that we won in the strike to about twice as many non represented employees even though they said it would bankrupt the company to do it for us.
It takes two.
One union thug tried to break into my father's office and demanded to speak with my father. Dad pulled out a .45, told this jack-ass to sit down, buzzed his secretary to call the police, and subsequently the police arrested the thug on several Federal charges.
Why do you think the steel mini-mills are so successfull? Ever heard of Nucor steel, based in Darlington, TX. Do you understand why so much industry has left the rust belt and moved South?
Too many people do not understand Economics or Accounting, or Simple Business processees.
And you are proud of this? You are no better than these scum. I guessed right you are a Spoiled SPEEA puke.
Boeing has idiots for managers if they let unions extort increases by having no backup plans.
Of course their next step is to move more and more assembly work offshore like they have with much of their parts suppliers.
You union pukes have a career death wish.
how long after the strike ended did it take for the stock to go back up over the $12? If it increased more than $12 in the say five years after the strike then it was a great move by the company to let the workers strike. (they recovered their investment in five years as opposed to paying 120M per year extra forever)