Key Boeing Supplier Furloughs About 700 Workers

Boeing supplier Spirit AeroSystems is furloughing hundreds of workers, with the company warning that more temporary dismissals and even layoffs could be on the cards.
Since Sept. 13, about 33,000 unionized employees at Boeing have been on strike after workers rejected the company’s proposed pay hike of 25 percent over a four-year period.
On Friday, Spirit AeroSystems announced it will furlough employees “in response to the ongoing strike by Boeing employees represented by the International Association of Machinists and Aerospace Workers [IAM].”
“Effective October 28, Spirit will implement a 21-day furlough for approximately 700 employees working on the 767 and 777 programs,” it said. “These furloughs are in combination with a series of other cost savings measures, including a hiring freeze and travel and overtime restrictions.”…