Boeing withdraws contract offer after talks with striking workers break down

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Boeing withdraws contract offer after talks with striking workers break down
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Boeing has withdrawn a contract offer that would have given striking workers 30% raises over four years after talks broke down. The union said that the offer was withdrawn after a second day of mediated talks. Boeing said that the International Association of Machinists and Aerospace Workers did not seriously consider its proposals.

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“Unfortunately, the union did not seriously consider our proposals. Instead, the union made non-negotiable demands far in excess of what can be accepted if we are to remain competitive as a business,” Boeing said in a prepared statement. “Given that position, further negotiations do not make sense at this point and our offer has been withdrawn.”

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