Boeing has halted negotiations and withdrawn its pay offer to the striking union, signaling a significant setback in the dispute. The move comes after weeks of negotiations between Boeing and the Society of Professional Engineering Employees in Aerospace (SPEEA) and the International Association of Machinists (IAM).

The strike, involving over 50,000 workers, began in response to Boeing’s proposed contract changes, including increased healthcare costs and changes to retirement benefits. The union sought improved wages, benefits, and job security guarantees.

Boeing’s decision to withdraw its offer and pause talks has escalated tensions, leaving the prospects of a resolution uncertain. The strike has significant implications for the aerospace industry, with potential delays in aircraft production and delivery.

The union has expressed disappointment and frustration, urging Boeing to reconsider and return to the negotiating table. The company maintains its commitment to finding a resolution but insists on a contract that aligns with industry standards.

The strike continues, with workers rallying for improved working conditions and compensation. The outcome remains uncertain, with both sides facing pressure to find a mutually beneficial solution.