Workers go on strike outside a Boeing Co. factory in Everett, Washington, U.S., Monday, September 16, 2024. Voted overwhelmingly to reject the contract offer and went on strike.
M. Scott Brauer Bloomberg | Getty Images
boeing company It withdrew its contract offer for 33,000 machinists, who have been on strike since mid-September, and said further negotiations “do not make sense at this time”.
The strike came on Sept. 13 after machinists overwhelmingly rejected a temporary labor agreement and halted production of most Boeing planes built in the Puget Sound region. Boeing later upped the offer, adding pay raises, approval bonuses and other improvements, but the union rejected the offer as non-negotiated.
Negotiations broke down again this week, meaning the strike will continue. The shutdown will cost Boeing more than $1 billion a month, S&P Global Ratings said on Tuesday, while it gave the aerospace giant a negative credit rating outlook.
Boeing Commercial Airplanes Chief Executive Stephanie Pope said the company raised contract wages during negotiations this week but said the union did not consider the proposals.
“Instead, the union’s non-negotiable demands go far beyond what we are willing to accept if we are to remain competitive as a business,” Pope said in a staff report.
The International Association of Machinists and Aerospace Workers said Tuesday that Boeing has declined to increase wages, retirement plans and vacation or sick leave.
