Do you think there will be Esterline Technologies layoffs? Any chatter, news or rumors?
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
Esterline Technologies Layoffs 2021
Will there be any Esterline Technologies Layoffs 2021? Any news or rumors?
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
Korry Cuts Redoux
Another round of layoffs @ Korry! Half voluntary retirement & then next day non voluntary, I believe 120 between both!
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
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
Esterline Technologies Layoffs 2020
What's your prediction as it relates to the possiblity of Esterline Technologies Layoffs 2020? Any news or rumors?
Violations
#GOLD STANDARD https://violationtracker.goodjobsfirst.org/parent/transdigm
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
Korry Electronics Layoffs
Why we do not have any posts here when everyone knows there are layoffs at Korry Electronics
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
Transdigm to lay off 15% of Korry Electronics Workforce Wed, June 26, 2019
Inside Sources claim a headcount reduction of 15% of workforce at the Korry Electronics, formerly under Esterline ESL, is going to occur Wed, June 26th, 2019. Per SEC, Q2 Shareholders Report, Transdigm has aggressive plans to immediately sell off and... — read more
Esterline Technologies Layoffs 2019
What are your thoughts about potential Esterline Technologies Layoffs in 2019?
This was a horrible way for Esterline Technologies to do these layoffs
Mid level management was not included in the layoff process, at least that is what was told to laid off employees. managers on 10/7 and 10/8 telling remaining employees that if they speak about the layoffs or about anyone laid off on company time... — read more
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
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
Esterline Technologies Layoffs 2017
I know that this sounds like a broken record, but some folks are talking about possibly having layoffs in Bellevue.
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.
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