MORE JOB CUTS? Five Boeing suppliers interviewed by Reuters this week said continuation of the strike would cause them to furlough workers, freeze investment, or consider halting production.
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 ...
Both involve not getting a paycheck, but a furlough is temporary Amy Fontinelle has more than 15 years of experience covering personal finance, corporate finance and investing. Amy Soricelli has ...
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The University of Minnesota is extending pay reductions and furloughs into June 2021, due to an expected budget shortfall of around $166 million. The Systemwide Furlough and Pay Reduction Program, ...
DALLAS — Yesterday, Spirit AeroSystem’s Chief Financial Officer Irene Esteves addressed staff members regarding upcoming staff furloughs. The announcement, whose ‘Cautionary Statement Regarding ...
Spirit AeroSystems announced plans to furlough 700 workers for 21 days Friday due to the ongoing Boeing employee strike. The company’s hourly direct, support functions and management employees ...
WICHITA, Kan. (KWCH) - The announcement from Spirit AeroSystems to furlough 700 employees for 21 days has workers worrying about the future. “First, it’s nervousness and then you talk to ...
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 ...
25, 2024. (AP Photo/Ben Curtis) 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 ...
WASHINGTON - 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 ...