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,
Boeing supplier Spirit AeroSystems said Friday that it would start to furlough staff this month as a worker strike at the aviation giant continues.
The decision from Bell comes as Boeing works to close its acquisition of Spirit, which manufacturers numerous structural ...
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.93% of ...
Boeing is looking to raise billions of dollars to help it ride out a month-long machinist strike. Airbus is cutting jobs from ...
Boeing filed a registration statement with the U.S. markets regulator on Tuesday that will allow the planemaker to raise up ...
Resolving union dispute and fixing the culture are crucial for Boeing for long-term recovery and investment potential. Read ...
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Federal Judge Blocks Texas Law Being Used by AG Paxton to Investigate Nonprofits in The StateThe ruling could impact ongoing investigations Paxton's office has launched against various nonprofit groups that advocate for immigrant and Latino rights.
Boeing said on Tuesday it has entered a credit agreement worth $10 billion with a consortium of banks, as the U.S. planemaker ...
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