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Stock impact report

Spirit, Textron could face big workforce losses over vaccine mandate - Jefferies [Financial Post (Toronto, Ontario, Canada)]

Spirit Aerosystems Holdings, Inc. (SPR) 
Last spirit aerosystems holdings, inc. earnings: 2/28 07:30 am Check Earnings Report
US:NYSE Investor Relations: investor.spiritaero.com
Company Research Source: Financial Post
the loss of several employees once the mandate requiring federal contractors to be vaccinated comes into effect in January, brokerage Jefferies said on Wednesday. Spirit and Textron would bear the brunt as a big chunk of their manufacturing units are located in Wichita, Kansas, where just 53% of working age individuals are fully vaccinated, Jefferies said. Canadian medical student sent to U.S. prison for giving drugs to a woman who died of an… Advertisement Advertisement Article content Gulfstream, General Dynamic's aerospace unit, is also heavily exposed as only 48% of the working-age population around Savannah is vaccinated, said Jefferies analyst Sheila Kahyaoglu. The White House earlier this month extended a deadline for federal contractors to get vaccinated from Dec. 8 to Jan. 4. There are concerns that the mandate could compound worker shortages, and alongside there has been a rise in strikes as workers take advantage of the tight labor market to demand more pay an Show less Read more
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