Two week shutdown to start the new year!
18 replies (most recent on top)
Full speed and possible cancelled vacations until end of year. Shipping product to close out existing orders is top priority.
Then all bets are off. Competitors have already announced additional cost actions for 2021.
First week of March would be my guess.
I have already prepared my finances. No gifts or trips this Christmas. Looking forward to a nice package to start my next career.
Nope. Not one word of a furlough.
Thanks for getting everyone's hopes up! No announcement came. Now I have to cancel my trip plans.
No rumors in ISC either. But I can say production shipments have been 1/3 of last year for most of 2020 and seem to be even lower past few weeks and going into year end. Not much activity (except for tasks around moving gear line)
Had an 8am Announcement meeting this morning. Ended up just being a meeting to announce they are finally doing the manager reassignment from the 2Q layoffs finally. Nothing regarding furlough.
I'm in Aero ES engineering, this sounds more like it is affecting ISC folks. Anyone disagree? So far in ES Eng, we have heard nothing, even rumors about another furlough.
Got a meeting notice for an early morning meeting tomorrow with agenda or description. I thought it would be another ask for volunteers to be laid off. An unpaid furlough makes more sense. I work in Aero.
I don't believe it for a minute. There's too much pressure to get sales. MM and DA won't trash half of January's potential shipments for a shutdown. Q1 of a new year is already hard enough with all the pull forwards that happen every December. OP is either a troll or trying to stir the sh–.
Listen to me people: leadership won a long time ago. The worker bees, that keep things moving, will always lose. We are the only ones that care. The AERO ISC leadership announcement that came out today, is at least a hope. Cheers.
The Madsen playbook....doesn't give a sh– about anything but his own pocketbook. Too bad no one cared about employees at HW Aero. Win the short game, but Mike will lose the long game and I'll be laughing when it happens.
Ho ho ho like a clockwork from evil honey...
I believe it. Some things are showing up in my forecasting that add up to a furlough. Weeks with 0 demand. I've been wondering when the word will come out
Absolutely true and to the point. Depending on which site, the shut down period are planned a week and after the week breaking into the new year. All this for the sake of manipulating inventory values to appease the corporate bigwigs that they can report what a wonderful year it has been despite all the downsides that is 2020.
All that inventory holed up at the sites is proving to be an eyesore with no takers in this current climate so, by shutting down sites inventory will not make its way into the factories and onwards to the account books. Simple yet stupid act where eventually, those stock from suppliers will still make its way back into the factories. Just a matter of time.
Oh man I hope this is true!!!! 2 weeks off? A nice, relaxing start to 2021!
Please be true!!!
We can't shutdown for 2 weeks
I call BS on this, you HR troll!
What location?