this post was submitted on 09 Oct 2024
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Economics

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In third week of standoff, planemaker has no plans for further talks with union, which is seeking 40% increase

Boeing has withdrawn a 30% pay offer for striking workers as talks between the company and unions reached a stalemate in the third week of a standoff over pay.

The US planemaker said it had removed its offer that would result in a pay increase by almost a third over three years for 33,000 US staff, with no further negotiations with the International Association of Machinists and Aerospace Workers (IAM) planned.

Boeing and the union held their latest round of negotiations with federal mediators on Monday and Tuesday, but talks collapsed with both parties locked in an acrimonious stalemate showing no signs of being resolved soon, Reuters reported.

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[–] ccunning 24 points 1 month ago

Boeing was the absolute worst company I ever worked for. The best company I ever worked for was bought out by them and we were all so excited. Little did we know.

Absolute garbage through and through.