Topics regarding layoffs at Esterline Technologies Corp.

Topics regarding layoffs at Esterline Technologies Corp.

Sad state of affairs

Korry was once a great company, one which was looked up to by many in the display industry. People were always the strong point within the company and that made the company great and a good place to work. Profits are a terrible driver of sucess on a... — read more 

by
| 881 views | | no replies yet
Post ID: @OP+1eVMG5tX

Korry liquidated employees limited and dependent Flexible Spending Accounts before IRS issued Notice 2020-29 and Notice 2020-33.

New IRS guidance provides employers with section 125 Plan flexibility during 2020 Covid-19 Pandemic. The IRS expands opportunities to avoid forfeiture of unused FSA funds. However, Korry usurped FSA funds after 30 days from termination notice... — read more 

by
| 1480 views | | 1 reply (September 18, 2020)
Post ID: @OP+16Yd2Yv4

Korry Cuts Redoux

Another round of layoffs @ Korry! Half voluntary retirement & then next day non voluntary, I believe 120 between both!

by
| 1080 views | | no replies yet
Post ID: @OP+15V7Ippg

Second layoff round since the takeover

This is the second layoff notice since the takeover of Transdigm and, from the looks of the trend pattern, the plan may be to downsize in small, incremental numbers over irregular frequencies to avoid triggering the Warn Act and having to pay out... — read more 

by
| 1660 views | | no replies yet
Post ID: @OP+13yUZ9Hz

Korry Layoff, 2-13-2020

20 layed off today, missed TransDigm profit target by 10%. Finance, Admin, Inspection, Engineering Coordinator, Production Control (2), Test Engineer, IT, Mfg Engineer (2), Quality Engineer, Mech Engineer, Machinist, Matl Handler (2), Machinist... — read more 

Violations

#GOLD STANDARD https://violationtracker.goodjobsfirst.org/parent/transdigm

by
| 1333 views | | 1 reply (February 16, 2021)
Post ID: @OP+ZRwH3A6

Security

What is "job security" without an employment contract? What protections does anyone have in place to expect to be able to retire from a job after 20+ years at the same company? I feel sorry for the people that are in that boat who will feel the... — read more 

by
| 1420 views | | no replies yet
Post ID: @OP+ZLTiXbz

This was a long time coming

This is from another thread, but it's a great read that really deserved to be on top. I hope the OP doesn't mind - his her original is at @ZIlQQYk-1zzu. There's some long running history associated with the sale of ESL dating back to year 2008... — read more 

by
| 1424 views | | no replies yet
Post ID: @OP+ZKNUeFM

Advanced Input Layoffs

The new president Joe made deep cuts and laying off lots of people at Advanced Input Devices in Coeur d Lene, Idaho on 10-5-17. First a couple VP were let go and 2 weeks later 32 people were grabbed and pulled into a room 1 and 2 at a time with no... — read more 

by
| 2263 views | | 1 reply (October 10, 2017)
Post ID: @OP+PC4VT3n

2017 Lay-Off Headcount Reduction Phase I

Korry Electronics Division walked out 19 employees on June 6th, 2017. Both, full time direct hire and contractors and temps were walked out without notice during a headcount reduction effort. More layoffs are rumored to be on the way. Many people... — read more 

by
| 2560 views | | 2 replies (last October 18, 2017)
Post ID: @OP+NFpGluY

Esterline Technologies Layoffs 2017

I know that this sounds like a broken record, but some folks are talking about possibly having layoffs in Bellevue.

by
| 2305 views | | no replies yet
Post ID: @OP+KvapJZJ

Esterline Technologies Layoffs 2016

What is the likelihood of Esterline Technologies layoffs in Bellevue in 2016? Please let me know if you have any information.

by
| 2191 views | | no replies yet
Post ID: @OP+EjZqbde

Esterline Spies on Employees in the Home

Layoffs or no, when the Esterline stock price is over $108 a common stock share, when they turn over only $2 Billion annually, that is a price to earnings (P/E) ratio of like 21 against. I discovered Esterline Technologies Corporation uses its own or... — read more 

by
| 2935 views | | 1 reply (August 25, 2015)
Post ID: @OP+tO9Ul4i

Start a new thread - post a news comment, question or message:

: