Boeing strike: Workers not interested in 30% pay offer, union says

Published On Sep 25, 2024, 12:38 AM

Boeing's latest offer to striking workers includes a 30% pay raise over four years, alongside reinstated bonuses and improved retirement benefits. However, the union representing the workers, IAM, reports that members are largely uninterested in this offer, citing that it does not meet their demands and suggesting that they prefer a higher increase. The strikes have been ongoing since September 13, and this labor dispute poses significant financial risks for Boeing as unresolved strikes can lead to substantial losses for the company.