Furloughs and layoffs are two ways employers address the problem of not having enough work or enough budget for their employees. However, a furlough is meant to be temporary, while a layoff is ...

Boeing announced a significant reduction in its workforce, with 10% of its employees set to receive layoff notices. This move ...

Spirit AeroSystems Holdings, Inc. said it has developed a plan to improve its situation, but it will depend on things, ...

More than 32,000 Boeing machinists walked off the job on Sept. 13 after turning down an earlier tentative agreement.

Textile giant Sri Rejeki Isman (Sritex) has temporarily furloughed 2,500 employees due to a raw material shortage ...

Natural Fiber Welding has Furloughed a significant number of employees in the last week. According to Annie M. Cull, brand ...

Both involve not getting a paycheck, but a furlough is temporary Furloughs and layoffs are two ways employers address the ...

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 ...

It also says a plan to improve liquidity could include layoffs and more furloughs. “The Company will require additional liquidity to continue its operations over the next 12 months,” Spirit ...