In response to these declines, the jet maker has all but eliminated its pension program, one issue of many that has angered ...
Boeing instituted rolling furloughs in September, with tens of thousands of employees asked to take off one out of every four ...
HM Dunn AeroSystems CEO Phil Anderson said he's seeing a lack of diversification and balance sheet issues impact some local ...
More than 32,000 Boeing machinists walked off the job on Sept. 13 after turning down an earlier tentative agreement.
Wichita-based Spirit AeroSystems says it is not planning to implement additional furloughs or layoffs after Boeing workers ...
Spirit AeroSystems will tell employees on Friday that it will furlough 700 workers for 21 days as an over month-long strike at U.S. planemaker Boeing eats into the supplier's cash and inventory ...
CFO Irene Esteves warned, in a Friday message to employees, that if the Boeing (NYSE: BA) strike "extends beyond Thanksgiving, additional workforce actions, including furloughs and layoffs ...
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 will ...
“If this strike, the labor strike continues beyond November 25th, we’ll be forced to make even starker decisions to include layoffs and additional furloughs.” 12 News spoke with Spirit ...
Spirit AeroSystems warns that if the strike continues past November, further cost-saving measures, including layoffs, may be necessary. On Friday, Spirit Aerosystems announced employee furloughs ...
“If the strike continues beyond November, financial pressures will require us to implement layoffs and additional furloughs,” Buccino said.
Spirit leadership says if the strike continues past November it will have to consider further furloughs as well as layoffs. "This difficult step was necessary given our limited storage capacity ...