© 2024 KGOU
News and Music for Oklahoma
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Spirit AeroSystems Announces 360 Layoffs

Spirit AeroSystems

Spirit AeroSystems says it is laying off about 360 employees at its Kansas and Oklahoma facilities. 

The Wichita-based aircraft parts maker announced the move Thursday, a day after union officials disclosed company preparations for the anticipated layoffs. The move affects salaried support staff and management employees.

The company said in a news release that the action is a strategic move to make the company more competitive in a cost-sensitive environment. Spirit says it's trying to reduce overhead costs, increase efficiency and improve performance.

Spirit AeroSystems, which makes large sections of airplanes assembled by companies such as Boeing and Airbus, saw its first-quarter net income rise 10 percent as demand for commercial planes increased.

The Associated Press is one of the largest and most trusted sources of independent newsgathering, supplying a steady stream of news to its members, international subscribers and commercial customers. AP is neither privately owned nor government-funded; instead, it's a not-for-profit news cooperative owned by its American newspaper and broadcast members.
More News
Support nonprofit, public service journalism you trust. Give now.