Reported 14 days ago
Boeing Co. presented a 30% pay increase proposal to striking workers as negotiations stagnate, but the United International Association of Machinists and Aerospace Workers (IAM) has rejected the offer, deeming it insufficient. The union's leadership expressed discontent with Boeing's unilateral approach and the challenges in organizing a vote for its 33,000 members on short notice. The situation intensifies as the ongoing strike affects production and raises concerns about Boeing's financial stability.
Source: YAHOO