Boeing, Spirit AeroSystems
Spirit AeroSystems to furlough 700 workers as Boeing machinist strike continues
Boeing supplier Spirit AeroSystems will furlough some 700 workers as a strike by machinists at the plane maker enters its sixth week, a spokesman for the supplier said Friday.
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.
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 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.
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,
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.
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 faces a new FAA review as a key supplier plans temporary furloughs due to labor strike
Boeing's biggest supplier of aircraft components said Friday that it will temporarily furlough 700 workers later this month, warning that it would have to resort to layoffs if a strike by Boeing machinists lasts beyond November.
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
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 ...
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 ...
Boeing’s Strike Stalemate Leaves Mediators Seeking Consensus
It’s been more than a week since Boeing Co. broke off contract talks with the union representing 33,000 striking hourly ...
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 ...
Boeing to raise up to $33b as strike weighs on finances
In a regulatory filing, Boeing indicated plans to raise the funds by selling stock and debt. Read more at straitstimes.com.