13. The furloughs follow other Spirit efforts to cut costs, including a hiring freeze and travel and overtime restrictions. BOEING STRIKE: WHAT AIRCRAFT ARE AFFECTED? "These furloughs are ...
According to a recent earnings report, Spirit ended Q3 with just $218 million cash on hand. The company previously announced ...
Boeing has announced rolling furloughs, a hiring freeze and other cost-cutting measures as the machinists strike wears on. Manufacturing in the Seattle area has yet to recuperate fully from the ...
Striking Boeing machinists are set to vote Monday on a new agreement that could bring an over 7-week-long strike to its end.
October hiring freeze raises expectations for Fed rate cuts and provides relief to US stocks. Hurricanes and strikes disrupt ...
There is also a hiring freeze and travel and overtime restrictions now in place at Spirit AeroSystems. The company noted that should the strike by the 33,000 members of the International Association ...
The furloughs follow other Spirit efforts to cut costs, including a hiring freeze and travel and overtime ... holding off on investments due to the strike. Wichita, Kansas-based Spirit Aero ...
If the strike at Boeing, soon to enter its sixth ... with a series of other cost savings measures, including a hiring freeze and travel and overtime restrictions,” Buccino said in an emailed ...
“We are finalizing the strike settlement agreement ... Boeing implemented cost-saving measures — including a hiring freeze, temporary furloughs, leadership pay cuts and halted payments ...
Spirit AeroSystems warns that if the strike continues past November ... part of a broader cost-saving strategy that includes a hiring freeze and restrictions on travel and overtime.
In addition to the furloughs, Esteves told employees that other measures were being implemented, "effective immediately," to stem the impact of the strike: -- A hiring freeze, including no backfills.
If the strike at Boeing, soon to enter its sixth ... announced a series of other cost-saving measures. These include a hiring freeze, a prohibition on overtime work, a reduction of 15% in nonlabor ...