Remember when everybody thought the whole 737 Max issue would not affect us that much? Well, think again. Moody’s put its triple-C rating of Triumph’s unsecured bonds on review for possible downgrade last week. The company’s stock has since... — read more
Triumph Group bankruptcy rumors
Who knows more about BK for TG? Any time soon? Next year?
What's the situation with severance?
Any chance somebody who has been laid off can share the severance package details with us? I've heard that it has been reduced compared to what it was previously, and it would be nice to know if that is true or not. I'm worried about being laid off... — read more
Being laid off would be a blessing by now
Seriously, I'm upset my name was not on the latest list. It's been some time since I've figured out that if I want to get ahead, I'll have to do it in another company. Whenever a promotion is available at Triumph, the company looks for outside... — read more
Triumph Group does not value its employees
Things have been going from bad to worse for a long time, so much so that layoffs no longer come as any surprise to most of us. We have been threatened with cuts so many times and had to go through so many small layoffs, that this is just more of the... — read more
02/25/19 TGI Triumph Group Layoff
The Triumph Group of Berwyn, PA let it's employees know there will be 600 Salaried Employees laid off the week of 02/25/19.
I recently left the Seattle division...
...and can tell you first hand that the future is not that bright. Seattle is a R & D facility with very little production and a loss center. They have been selling off divisions in order to survive over the past several years. Their stock price has... — read more
How do you feel about the future of the company? 2019? Predictions?
Hmmm, I have some concerns but hoping things will be good.
Spokane
I hope Spokane remains a layoff free location... http://www.spokesman.com/stories/2017/aug/15/triumph-group-will-keep-spokane-factory-sale-plans/
UAW Local 848
Not sure what they said though, hiding and silent - probably... As always.
Vought Aircraft Division Dallas
TA is cutting 400 workers at our Vought Aircraft Division facility in west Dallas - work will be moved to a brand new factory in Red Oak. Not a good thing for workers, probably a good move for TA.
400 sacked
dec 2013 - 400 sacked - vought...
Do to incompetent management decisions they will be laying off 50% of there workforce at the Grand Praire site
Do to incompetent management decisions they will be laying off 50% of there workforce at the Grand Praire site. If you are an investor b ready to sale these guys are monkeys in wool suits. This plant used to be vought aircraft and was in business for... — read more