Boeing Withdraws Offer in Pay Dispute Showdown

Boeing has withdrawn its pay offer to 33,000 striking U.S. West Coast factory workers after unsuccessful negotiations with the union. The union had sought a 40% pay increase and pension restoration, rejecting Boeing's final offer of a 30% raise. No further negotiations are planned.

Boeing announced on Tuesday the withdrawal of its pay offer to approximately 33,000 striking factory workers on the U.S. West Coast, stating that negotiations with the union representatives have reached an impasse.

In a communication to employees, Boeing Commercial Airplanes chief Stephanie Pope remarked that the union dismissed the proposals, categorizing their demands as "non-negotiable." She expressed that further talks would be futile as the offer stands retracted.

The union, representing the workforce, had been pushing for a substantial 40% wage hike over four years along with the reinstatement of a defined-benefit pension plan abolished in a previous contract. Although Boeing had upped its proposal last month to include a 30% raise and a performance bonus, union feedback deemed it inadequate, leading to the current deadlock.

(With inputs from agencies.)