Triumph furloughs 2,300 workers for 2-4 weeks [Seeking Alpha]
Boeing Company (The) (BA)
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Source: Seeking Alpha
Triumph furloughs 2,300 workers for 2-4 weeksApr. 10, 2020 6:31 PM ET|Triumph Group, Inc. (TGI)Carl SurranTriumph (NYSE:furloughs for ~2,300 employeesThe company also plans to eliminate 200 full-time positions due to decreased demand, in addition to the previously disclosed 500-person reduction.The moves follow Boeing's extended closure of its Washington state factories indefinitely and 14-day closure of its Charleston, S.C., plant.Woodward's two facilities in Mexico, which employ 1,900 workers, are complying with a government mandate for a 30-day closure of non-essential operations effective March 31.Click to subscribe to real-time analytics on TGINow read:Gossamer Bio files for mixed shelf »
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