Boeing, Spirit AeroSystems
Boeing’s labor strike is forcing this company to send hundreds of employees home
Chief Financial Officer Irene Esteves led with in a message to employees on Friday. The customer is Boeing Co. and the pressures refer to the strike by Boeing employees represented by the International Association of Machinists and Aerospace Workers,
Hundreds of Spirit AeroSystems employees furloughed amid Boeing strike
Around 700 Spirit AeroSystems employees are being furloughed as a result of the ongoing strike by Boeing machinists that began last month, the company announced Friday.
Spirit AeroSystems will furlough 700 Wichita workers because of ongoing Boeing strike
Spirit AeroSystems will furlough 700 employees in Wichita for 21 days starting Oct. 28, the company said Friday. The furloughs will affect employees working on the Boeing 767 and 777. The furlough is a result of the ongoing strike by Boeing employees, which started on Sept. 13.
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Exclusive: Spirit Aero to furlough 700 workers for 21 days due to Boeing strike
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 space,
Spirt AeroSystems furloughs 700 workers as Boeing strike drags on
The aerostructures supplier is sending home 700 workers on its 767 and 777 fuselage programmes, as a machinists strike at partner Boeing has hobbled aircraft production.
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 furloughs 700 workers tied to Boeing strike
"Unfortunately, effective Oct. 28, we will have to implement a 21-day furlough for approximately 700 employees working on the 767 and 777 programs," Spirit spokesperson Joe Buccino said. "These furloughs are in combination with a series of other cost savings measures, including a hiring freeze and travel and overtime restrictions.
Boeing strike enters second month as workers rally in Seattle
Boeing factory workers held a large rally in Seattle to demand a better wage deal, mounting pressure on new CEO Kelly Ortberg to end a bitter strike that has plunged the planemaker further into financial crisis.
Boeing strike pushes supplier Spirit AeroSystems to plan worker furloughs
Spirit AeroSystems says it plans to soon start a 21-day furlough for hundreds of workers supporting Boeing’s 777 and 767 jetliner programs.
Spirit to furlough hundreds as Boeing strike’s effects feed through supply chain
Measure could spread to further staff if strike goes on beyond November
Spirit AeroSystems to Furlough 700 Employees Due to Boeing Strike
The plane manufacturer said the employees affected by the furloughs were working on Boeing’s 767 and 777 programs.
Boeing Seeks to Line Up Billions in Financing as Strike Goes On
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Strike-hit Boeing Leaves Experts Puzzled By Strategy
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Boeing Enters $10 Billion Credit Agreement With Banks Amid Crippling Strike
(Reuters) -Boeing said on Tuesday it has entered a credit agreement worth $10 billion with a consortium of banks, as the U.S.
Machinists push Boeing to bargain as month-old strike endures
As the Boeing Machinists strike enters its second month, workers gathered Tuesday to show the company they are committed to holding the picket line.
U.S. industrial output falls in September, held down by Boeing strike and hurricanes
U.S. industrial production fell 0.3% in September, held down by the strike at Boeing Co and by the two recent hurricanes, the ...
Boeing's big borrowing might be backing it into a corner
Boeing’s (BA) plan to outlast its strike is taking shape, with Reuters reporting on plans to raise $15 billion through stock ...
Can Boeing Keep Its Balance Amidst The Shifting Winds?
In the last week, Boeing has taken two significant efforts to address its ongoing financial crisis amidst an ongoing strike ...
US jobless claims fall as hurricanes subside, but Boeing strike adds pressure on labor market
US jobless claims fell by 19,000 to 241,000 in the week ending October 12, reflecting the economy’s recovery from disruptions ...