Boeing workers reject latest offer as company says it's losing tens of millions every day

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 67%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Plans by members of the International Association of Machinists and Aerospace Workers union to continue striking came just hours after Boeing reported massive losses due in part to the continued industrial action.

Boeing staff have rejected the latest 35% pay rise, committing to further strikes as the company faces massive losses and delivery delays. As many as 33,000 workers at Boeing plants in Washington state, Oregon and California have rejected a proposal to increase wages by just over a third over four years as their union said 'after 10 years of sacrifices we still have ground to make up'.

It is the second offer rejected by members of the International Association of Machinists and Aerospace Workers union. Negotiations will resume 'promptly' it said. What does the union want? The rejected offer included a $7,000 one-off bonus being on the table along with the retention of performance bonuses that Boeing had wanted to cut and extra retirement contributions.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 35. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines