Layoffs

FILE - In this Jan. 26, 2011 file photo, Nielsen Company CEO David Calhoun, center, watches progress as he waits for the company's IPO to begin trading, on the floor of the New York Stock Exchange. Calhoun, Boeing's new CEO, said Wednesday, Jan. 22, 2020, that production of the 737 Max will resume this spring, months before the company expects federal regulators to certify the grounded plane to fly again. (AP Photo/Richard Drew, File)
KNSS News
January 22, 2020 - 1:51 pm
Boeing's new CEO said Wednesday that production of the 737 Max will resume this spring, months before the company expects federal regulators to certify the grounded plane to fly again. David Calhoun also said he believes passengers will fly on the Max when federal regulators say it is safe and they...
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January 22, 2020 - 11:53 am
TRENTON, N.J. (AP) — New Jersey has become the first state to guarantee severance pay for mass layoffs, according to the bill's sponsors and the governor's office. Gov. Phil Murphy, a Democrat, signed legislation Tuesday that requires companies with 100 or more full-time employees to pay them a...
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ARCHIVO - En imagen de archivo del 3 de octubre de 2019, los fuselajes del Boeing 737 MAX, fabricados por Spirit Aerosystems en Wichita, Kansas, se encuentran cubiertos pr lonas cerca de la fábrica. (Travis Heying/The Wichita Eagle vía AP, archivo)
January 16, 2020 - 5:30 pm
Kansas Labor Secretary Delia Garcia said Thursday that the state is better prepared to respond to layoffs stemming from the grounding of the troubled Boeing 737 Max than it was during the Great Recession, when it had to borrow money to prop up its unemployment insurance trust fund. That fund now...
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FILE - In this Oct. 3, 2019, file photo completed Boeing 737 MAX fuselages, made at Spirit Aerosystems in Wichita, Kan., sit covered in tarps near the factory. On Friday, Jan. 10, 2020, aircraft parts maker Spirit AeroSystems announced it is laying off 2,800 employees at its Wichita facility due to the grounding of the Boeing 737 Max. (Travis Heying/The Wichita Eagle via AP, File)
January 10, 2020 - 3:47 pm
WICHITA, Kan. (AP) — Problems for Boeing and its troubled 737 Max aircraft, which appear to be growing deeper, have begun to ripple outward, with a major supplier announcing Friday that it will lay off more than 20% of its workforce in Kansas, where it is based. The announcement of 2,800 layoffs at...
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FILE - In this March 27, 2019, photo taken with a fish-eye lens, a Boeing 737 MAX 8 airplane sits on the assembly line during a brief media tour in Boeing's 737 assembly facility in Renton, Wash. The looming production shutdown of Boeing 737 Max jets is taking a toll on a key supplier. Spirit AeroSystems Holdings Inc. is asking employees if they will take voluntarily buyouts. Spirit suspended production of fuselages and other parts for the Max on Jan. 1, 2020, after Boeing told the Wichita, Kansas, company to suspend shipments. (AP Photo/Ted S. Warren)
January 07, 2020 - 4:36 pm
WICHITA, Kan. (AP) — The looming production shutdown of Boeing 737 Max jets is taking a toll on a key supplier. Spirit AeroSystems Holdings Inc. is asking employees if they will take voluntarily buyouts. Spirit suspended production of fuselages and other parts for the Max on Jan. 1, after Boeing...
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Boeing workers exit the plant in front of a giant mural of a jet on the side of the manufacturing building behind Monday, Dec. 16, 2019, in Renton, Wash. Shares of Boeing fell before the opening bell on a report that the company may cut production of its troubled 737 MAX or even end production all together. (AP Photo/Elaine Thompson)
KNSS News
December 17, 2019 - 9:06 am
Boeing is suspending production of the 737 Max as hopes of getting its marquee aircraft back in the air quickly fade. The ramifications are likely to ripple beyond the factory floor of Boeing's plant in Renton, Washington, across both the aviation and manufacturing sectors. It could ultimately...
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FILE - In this April 8, 2019, file photo Boeing 737 Max 8 jets are parked behind a stop sign indicating a traffic crossing at a Boeing Co. production facility in Renton, Wash. On Monday, Dec. 16, shares of Boeing are falling before the opening bell on a report that the company may cut production of its troubled 737 Max or even end production all together. (AP Photo/Elaine Thompson, File)
KNSS News
December 16, 2019 - 7:43 pm
Boeing Co. said Monday that it will temporarily stop producing its grounded 737 Max jet starting in January as it struggles to get approval from regulators to put the plane back in the air. The Chicago-based company said production would halt at its plant with 12,000 employees in Renton, Washington...
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Democratic presidential candidate South Bend, Ind., Mayor Pete Buttigieg waits backstage as he is introduced to speak at the Iowa Farmers Union Presidential Forum, Friday, Dec. 6, 2019, in Grinnell, Iowa. (AP Photo/Charlie Neibergall)
December 13, 2019 - 11:56 pm
DES MOINES, Iowa (AP) — Kim Motl doesn’t work in the health insurance industry. But her friends and neighbors do. So when she saw Sen. Elizabeth Warren recently in Fort Dodge, Iowa, Motl pressed the Democratic presidential candidate about her “Medicare for All” plan, which would replace private...
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layoffs
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KNSS News
December 05, 2019 - 11:14 am
Textron Aviation says the company is laying off an undisclosed number of workers, with most of the layoffs at its headquarters in Wichita. The company announced the layoffs Thursday but did not say how many employees would be affected. Company spokeswoman Stephanie Harder said in a statement the...
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December 03, 2019 - 8:40 am
MILAN (AP) — Italian bank UniCredit on Tuesday announced 8,000 job cuts under a three-year plan that aims to significantly increase shareholder value. The bank, Italy’s largest by assets, said that its net profit will grow to 5 billion euros ($5.5 billion) by 2023, from a forecast 4.7 billion euros...
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