International association of machinists-aerospace workers

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Boeing and its International Association of Machinists and Aerospace Workers Union (IAM) reached an agreement that ended a strike of 27,000 workers. As a result of the agreement, IAM workers won benefits in areas that include health care, pensions, etc for 2,900 workers in inventory management and delivery categories. Boeing also agreed to retain workers who are laid off or displaced. Despite these concessions, a spokesman for Boeing was quoted as saying that the agreement "gives the the flexibility we need to run the company".The four-year agreement allows Boeing to retain critical subcontracting provisions it won in past struggles with the Union. Commenting on all of this, one analyst concluded that "the union probably won the battle and Boeing probably wins the war". Can you explain what this analyst means?

Reference no: EM132226636

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