150 More Layoffs Reported At Spirit AeroSystems

By: KAKE.com Email
By: KAKE.com Email
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Thursday, September 12, 2013

Spirit AeroSystems continues workforce reduction, issuing layoff notices today to approximately 150 more employees.

Late last month, the company announced that additional layoffs would be coming in September. This morning, those notices went out to additional salaried and management workers in Wichita.

In a release posted on the company's website this morning, Spirit said that a significant number of other salaried employees have expressed interest in voluntary retirement and voluntary layoff programs.

The company laid off about 350 employees back in July.

At the same time Spirit's statement says the company is hiring hundreds of production workers to keep up with increasing production rates.

This is a developing story. Keep checking KAKE.com for updates throughout the day.

The full release is posted below:

Spirit AeroSystems continues salaried workforce reductions, hourly hiring

Sep 12, 2013

WICHITA, Kan., Sept. 12, 2013 /PRNewswire/ -- Spirit AeroSystems, Inc. (NYSE: SPR) today continued its previously announced workforce reductions by issuing layoff notices to approximately 150 salaried and management workers in Wichita, Kan. In addition, a significant number of Spirit salaried employees have expressed interest in voluntary retirement and voluntary layoff programs. The company is offering a lump sum severance payment and career transition services to employees who are laid off, and a lump sum severance payment and enhanced healthcare and pension options to eligible employees who decide to participate in the voluntary retirement program.

At the same time Spirit is reducing its salaried and management population, the company is hiring several hundred more factory workers, including assembly, composite, metals and process mechanics, and quality inspectors. These company actions to balance the workforce are being taken to meet record demand from its customers, and become more competitive in a cost-sensitive environment. Spirit is already producing at record rates and ramping up for further increases later this year and in early 2014. Spirit's backlog remains robust at about $38 billion.

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