Spirit AeroSystems announces additional Wichita layoffs

KNSS News
July 31, 2020 - 9:06 pm
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Spirit AeroSystems announced Friday additional companywide layoffs.  450 of the 1,100 layoffs will be in Wichita.

The company says the reduction is due to the reduced production on the Boeing 737 MAX, as well as the economic impact from the pandemic.

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“Our production rates for commercial aircraft have fallen from historic highs to significantly lower volumes in a matter of months,” said Tom Gentile, President and CEO, Spirit AeroSystems. “We are taking this action to better calibrate our employment level to the reduced demand we see from our customers. This action, along with previous actions, is intended to reduce costs, increase liquidity and position Spirit to remain financially healthy while we move through a period of recovery in the commercial aviation market.”
 

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