Striking Boeing workers reject 35% pay rise offer

Thursday, October 24, 2024

Striking Boeing workers have rejected a new offer from the plane-making giant, which included a 35% pay rise over four years. The International Association of Machinists and Aerospace Workers (IAM) union said 64% of its members voted against the proposed deal.

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Hours earlier Boeing's boss Kelly Ortberg warned that the company is at a "crossroads" as losses at the firm surged to roughly $6bn (4.6bn). "After 10 years of sacrifices, we still have ground to make up, and we're hopeful to do so by resuming negotiations promptly," union representatives said in a statement.

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