Spirit AeroSystems Furloughs 700 Workers Amid Boeing Strike

The ongoing machinists' strike at Boeing forces major supplier Spirit AeroSystems to implement a 21-day furlough due to cash flow and storage constraints.

Boeing's strike, now in its sixth week, involves over 33,000 workers demanding better wages and benefits.
Spirit AeroSystems, a key Boeing supplier, will furlough 700 employees working on the 767 and 777 jet programs starting October 28.
Spirit has reached inventory limits for fuselages, prompting cost-cutting measures including a hiring freeze and travel restrictions.
The strike has halted production at Boeing's main facilities, severely impacting Spirit's operations and finances.
Further layoffs and furloughs at Spirit are anticipated if the strike continues beyond November, exacerbating financial pressures.

One America News Network