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Kalkine Media ASX Share Market News & Research

Textron workers in Wichita go on strike after rejecting labor contract

September 23, 2024 11:17 PM BST | By EODHD
Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp
Textron workers in Wichita go on strike after rejecting labor contract
Image source: Kalkine Media

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(Reuters) - About 5,000 Textron workers went on strike at the business jet maker's Wichita campus, a union representing the members said on Monday. Over the weekend, members represented by the International Association of Machinists and Aerospace Workers voted to reject a four-year contract offer from Textron Aviation. Textron had offered a 26% general wage hike over the life of the contract to the workers represented by the union, alongside a annual lump sum of $3,000 and other benefits. Textron's aviation unit, which is the company's most profitable business, said on its website the strike affects its service center and components manufacturing facility locations in Wichita. The company added it was prepared to maintain operations and provide continued service and support for customers.

Textron employs over 35,000 people worldwide, according to its website. (Reporting by Utkarsh Shetti in Bengaluru; Editing by Krishna Chandra Eluri)

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