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Boeing and the IAM are set to resume union negotiations this week after initial attempts to reach a fair contract fell through. The International Association of Machinists and Aerospace Workers is Boeing’s biggest union and it has been at the forefront of the conversation over the last few months, due to its attempt to negotiate a better deal for employees. Boeing workers initiated a labor strike on September 13 after the existing contract ended and the proposed agreement from Boeing was rejected.
Boeing’s high-stakes strike talks are a sore point for the company as analysts estimate that the business is