Thread regarding Spirit AeroSystems layoffs

Thoughts? Impacts of Corona Virus on Global Economy and Spirit AeroSystems

Comments??? So many unknowns…

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Post ID: @OP+13NpxVtB

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So did you post this on every companies layoff profile? I hope you lose all your money.

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Post ID: @9oct+13NpxVtB

supply chain layoffs in aerospace because of virus

https://fortune.com/2020/02/07/boeing-737-max-supply-chain-layoffs/
  • Layoffs are increasing in the global supply chain for the troubled 737 Max airliner after Boeing decided to pause production in January. And the job cuts could get even worse as suppliers that have so far avoided them say they'll likely have to slash their workforces if production doesn't resume soon.
  • Spirit AeroSystems, which makes 737 fuselages in Wichita, Kan., laid off 2,800 workers last month. Following that reduction—by far the largest among 737 suppliers—credit rating agency Moody’s downgraded Spirit’s bond rating and said the workforce cuts put the area’s local economy at risk.
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Post ID: @rnp+13NpxVtB

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