Posts Tagged ‘furlough’
Boeing To Repay Furloughed Employees, But Will Still Proceed With Job Cuts
Boeing said Thursday that it will repay employees furloughed during the seven-week strike for lost wages but remains steadfast on its plans to reduce its workforce. The planemaker’s CEO, Kelly Ortberg, stated that while factory workers would be repaid for lost wages, the company would still go ahead with its plans to slash approximately 10%…
Read MoreBoeing Supplier Spirit Aero To Furlough Employees Due To Ongoing Strike
Spirit AeroSystems announced on Friday that it will furlough 700 workers for 21 days because of the ongoing Boeing employee strike. Hourly direct, support, and management employees in Wichita, Kansas, will experience a temporary halt in paid employment starting on October 28. The furloughs, as reported by Reuters, will affect Spirit Aero employees working on…
Read MoreSpirit Airlines to defer Airbus deliveries, furlough 260 pilots to save cash
SPIRIT Airlines said on Monday (Apr 8) it has reached an agreement with Airbus to delay all aircraft deliveries scheduled from the second quarter of 2025 through 2026 and that it intends to furlough about 260 pilots, as the US carrier looks to save cash. The low-cost airline said it would defer the scheduled deliveries…
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