Spirit AeroSystems Plans Employee Furloughs Amid Ongoing Boeing Strike, Faces Layoff Risk
As the Boeing Company (NYSE:BA) strike drags on, Spirit Aerosystems Holdings, Inc. (NYSE:SPR) faces tough choices ahead, including the looming threat of layoffs and extended furloughs. On Friday, Spirit Aerosystems announced employee furloughs in response to the ongoing strike by Boeing workers represented by the International Association of Machinists and Aerospace Workers,
Another layoff announcement in aerospace and defense might signal the start of a disturbing trend for workers.
After five weeks on the picket lines, neither striking machinists nor Boeing seem any closer to compromise. A post by IAM ...
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Boeing will be sending out thousands of layoff notices after CEO Kelly Ortberg last week announced the company would be ...
In the last week, Boeing has taken two significant efforts to address its ongoing financial crisis amidst an ongoing strike ...
The region's manufacturing comeback may have to wait a while, as its top manufacturer plans to lay off a tenth of its ...
Spirit AeroSystems will tell employees on Friday that it will furlough 700 workers for 21 days as an over month-long strike ...
Boeing will start sending out layoff notices next month as part of a two round process. But, furloughs will come to an end ...
The Boeing layoffs announced last week will all be involuntary. And Machinists union members will, for now, not be laid off, ...
Spirit Aerosystems plans to furlough about 700 employees for 21 days starting October 28 due to the Boeing strike, with ...
A Boeing spokesperson stated that the company had informed managers about plans for a 10 per cent reduction in its commercial ...
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