In response to these declines, the jet maker has all but eliminated its pension program, one issue of many that has angered ...
Boeing instituted rolling furloughs in September, with tens of thousands of employees asked to take off one out of every four ...
HM Dunn AeroSystems CEO Phil Anderson said he's seeing a lack of diversification and balance sheet issues impact some local ...
More than 32,000 Boeing machinists walked off the job on Sept. 13 after turning down an earlier tentative agreement.
About 33,000 workers at the aerospace manufacturer had been on strike for nearly two months, having rejected two earlier ...
Wichita-based Spirit AeroSystems says it is not planning to implement additional furloughs or layoffs after Boeing workers ...
CFO Irene Esteves warned, in a Friday message to employees, that if the Boeing (NYSE: BA) strike "extends beyond Thanksgiving, additional workforce actions, including furloughs and layoffs ...
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 ...
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 will ...
The strike began Sept. 13 when more than 94% of workers voting rejected an offer of 25% over four years. The union rejected ...
Spirit AeroSystems warns that if the strike continues past November, further cost-saving measures, including layoffs, may be necessary. On Friday, Spirit Aerosystems announced employee furloughs ...
“If the strike continues beyond November, financial pressures will require us to implement layoffs and additional furloughs,” Buccino said.