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  • 5/17/2024
Aerospace supplier Spirit AeroSystems announced plans to lay off over 400 employees in Kansas amid production issues at Boeing, one of its major clients. Boeing has faced issues, including a jet door blowing out and quality control problems uncovered by whistleblowers involving its 737 Max planes. The layoffs are meant to address a production slowdown on commercial programs at Spirit's Wichita plant. Whistleblowers have drawn scrutiny from regulators over Boeing's oversight and quality control.
Transcript
00:00It's Benzinga, and here's what's on the block.
00:02Aerospace supplier Spirit Aerosystems announced plans to lay off over 400 employees in Kansas
00:08amid production issues at Boeing, one of its major clients.
00:11Boeing has faced issues including a jet door blowing out and quality control
00:15problems uncovered by whistleblowers involving its 737 MAX planes.
00:19The layoffs are meant to address a production slowdown on commercial
00:22programs at Spirit's Wichita plant.
00:25Whistleblowers have drawn scrutiny from regulators over Boeing's oversight and quality control.
00:29For all things money, visit Benzinga.com.

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