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Boeing workers reject the company's latest proposal, which included a 35% wage hike

Shubhangi GoelOct 24, 2024, 10:28 IST

Business Insider

33,000 Boeing workers have been on strike since September 13.Stephen Brashear/Getty Images

Boeing workers just rejected a proposal with a 35% wage increase over four years.
The strike has halted most of Boeing's manufacturing for over five weeks.

Boeing machinists have rejected a new proposal that included a 35% wage increase over four years, the International Association of Machinists and Aerospace Workers Local 751 said Wednesday.

The strike, which has been going on for five weeks, has halted most of the plane maker's manufacturing.

Boeing reported earnings on Wednesday, missing analyst expectations for earnings per share by over 18%

This is a developing news stories. Please check back for updates.