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Steve McIntosh Report Blog

Ther Spirit layoffs

For some, it didn’t make sense. Why would a thriving company with a huge backlog of orders … coming off a ten percent quarterly increase in revenue … lay off 360 workers in Wichita and Oklahoma? Spirit AeroSystems says it’s part of an “ongoing, rigorous process to align our workforce with the needs of our customers and programs, and drive improved company performance”.
Sound like corporate gibberish to me.
From personal experience, it appears to me that Spirit wanted to demonstrate that it’s a lean company, just in case somebody wants to buy all or part of Spirit.
Like I said, personal experience.
360 employees doesn’t sound like many, out of nearly 11,000 Spirit workers. But if you’re among the 360 and you have a family to support, the impact is quite personal and sometimes quite devastating. I’m hoping many of those laid-off workers can find jobs at the other aircraft companies in town.
Spirit is Wichita’s largest employer.
Our thought for today is from Harry S. Truman:
“It’s a recession when your neighbor loses his job; it’s a depression when you lose yours.”

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Topics : Business_FinanceLabor
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Locations : Oklahoma
People : Harry S. Truman

08/01/2013 1:29AM
Ther Spirit layoffs
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