Boeing Withdraws 30% Pay Rise Offer to Striking Staff

Boeing says it has withdrawn its pay rise offer to striking workers after negotiations with union representatives reached a stalemate.

BBC reports that the aviation giant accused the union of not giving its proposals serious consideration.

The International Association of Machinists and Aerospace Workers union (IAM) said Boeing was hell-bent on standing on the non-negotiated offer which it says was rejected by its members.

Last month, Boeing announced what it called its best and final offer to workers, which proposed a 30% rise over four years, lower than the 40% being demanded by the union.

Boeing Commercial Airplanes President Stephanie Pope said in a letter sent to employees that the union made non-negotiable demands far in excess of what can be accepted if they are to remain competitive as a business.