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Spirit AeroSystems weighs hundreds more furloughs or layoffs
Spirit AeroSystems weighs hundreds more furloughs or layoffs if Boeing strike goes beyond Nov. 25
Spirit AeroSystems is weighing furloughs or layoffs of hundreds more employees if the Boeing machinists' strike stretches beyond Nov. 25, a company spokesman told CNBC on Thursday. More than 32,000 Boeing machinists walked off the job on Sept.
Workers at Spirit AeroSystems react to ongoing Boeing strike ahead of 21-day furloughs
Spirit already announced 700 employees will go on a 21-day furlough beginning Monday, Oct. 28. Employees who work on the Boeing 767 and 777 projects will be without a paycheck for
Spirit Aero losses deepen, burns cash as Boeing strike bites
Spirit AeroSystems posted deeper quarterly losses on Wednesday and said it was burning through dwindling cash reserves, as a strike by Boeing U.S. factory workers hammered the finances of its biggest supplier.
Boeing Strike Pushes Supplier Spirit to Plan Worker Furloughs
Spirit AeroSystems Holdings Inc. will start furloughing workers later this month in response to the continuing strike at Boeing Co., the aerostructure supplier’s biggest customer.
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,
Spirit Aerosystems Furloughs 700 Workers Amid Boeing Strike: 'This Difficult Step Was Necessary' Says CEO
Spirit Aerosystems plans to furlough about 700 employees for 21 days starting October 28 due to the Boeing strike, with potential further layoffs if the strike continues. "This difficult step was necessary given our limited storage capacity for 767 and 777 units,
Spirit AeroSystems weighs more furloughs if Boeing strike continues, CNBC says
Spirit AeroSystems (SPR) is weighing furloughs or layoffs of hundreds more employees if the Boeing (BA) machinists’ strike stretches
Spirit Aero posts third-quarter revenue below estimates as Boeing strike weighs on results
U.S. supplier Spirit AeroSystems on Wednesday reported third-quarter revenue below analysts' estimates and a loss of $4.07 per share, as a strike by Boeing factory workers weighed on its results. The company said that it would not provide forecast for the current year.
Spirit AeroSystems Gets Hit By Boeing Strike. What Is Means for GE, RTX and Other Suppliers.
Spirit AeroSystems, stock fell 1.1% to $32.29 in the premarket Thursday. GE Aerospace and RTX Corp. are also important suppliers for Boeing. RTX stock has gained 5.7% in the last
Spirit Aero’s quarterly losses widen amid Boeing strike, shares down
Shares in Spirit AeroSystems (NYSE:SPR) fell around 1% in premarket trading Thursday after the aerostructure supplier reported a deeper-than-expected quarterly loss. The company posted a Q3 loss of $3.
Boeing CEO remains committed to Spirit AeroSystems purchase amid strike, financial issues
"Just to be clear, there's no change in our commitment to the Spirit acquisition and the integration," Boeing CEO Kelly Ortberg said.
KFDI
1d
Boeing workers reject contract offer, Spirit prepares for furloughs
Share on Facebook Share on Twitter Machinists union members at Boeing voted Wednesday to reject a new labor deal, and the ...
6d
on MSN
Boeing faces a new FAA review as a key supplier plans temporary furloughs due to labor strike
Boeing's biggest supplier of airplane parts says it will temporarily furlough 700 workers because of a slowdown in work due ...
Aviation Week
18h
Elongated Boeing Strike Is Hurting The Aftermarket
BARCELONA—The International Association of Machinists and Aerospace Workers strike against Boeing and the resulting furloughs ...
8d
Chicago Should Consider Furloughs, Higher Booze Tax, Watchdog Says
Chicago should explore a range of options from furloughs to higher liquor taxes to levies on services to address the city’s ...
2d
Indian IT sector poised for 6-10% wage hike in FY25 despite temporary furloughs
Amidst the Indian IT industry’s promises of wage hikes in FY25, data indicates that the impact of furloughs, primarily in Q3, ...
4d
on MSN
After Helene forced its closure and furloughs, Biltmore Estate to reopen in November
ASHEVILLE – A reopening date has been set for Biltmore Estate after Tropical Storm Helene ripped through Western North ...
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