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    Striking Boeing workers reject 35% pay rise offer

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    By News Desk on October 24, 2024 Business, Business Briefing, News Briefing, USA News, World News
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    • Striking Boeing workers reject 35% pay rise offer
    • Over 30,000 Boeing employees have been on strike since September 13
    • CEO warns company is at a “crossroads,” with losses now reaching approximately $6 billion

    Striking Boeing workers reject 35% pay rise offer

    Boeing workers on strike have rejected the company’s latest offer, which included a 35% pay increase over four years. According to the International Association of Machinists and Aerospace Workers (IAM), 64% of its members voted against the proposal.

    Boeing workers to strike as 25% pay rise rejected

    Over 30,000 Boeing employees have been on strike since September 13, following the rejection of an earlier offer. Just hours before the latest vote, Boeing CEO Kelly Ortberg warned that the company is at a “crossroads,” with losses now reaching approximately $6 billion (£4.6 billion).

    Union representatives expressed hope for a quick return to negotiations, stating, “After 10 years of sacrifices, we still have ground to make up.” They added, “This is workplace democracy in action—and a clear reminder that companies face consequences when they mistreat workers year after year.”

    Boeing has not yet issued a public response to the latest rejection.

    This marks the second time workers have formally turned down an offer, with the previous proposal being rejected by 95% of employees last month. Ortberg, who became CEO in August, said he has been working tirelessly to stabilise the company and rebuild its reputation, which has been damaged by safety and manufacturing issues.

    Boeing Business featured featured Main Headlines US featured World News
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