Spirit AeroSystems is offering a voluntary layoff program for eligible employees due to the ongoing uncertainty regarding the 737 MAX.
KSN News reports that company officials said they are evaluating a range of potential actions to reduce costs, and they do not know how long the pause in production will last, or what the production rate will be when it does resume.
Spirit CEO Tom Gentile released a letter saying the company is taking the action, in part, because there is not clarity on when the 737 MAX production will resume.
A spokesperson for Spirit released a statement on Monday:
" Spirit AeroSystems is evaluating a range of potential actions to reduce costs due to ongoing uncertainty regarding the 737 MAX. We do not know how long the pause in production will last, or what the production rate will be when it does resume. Part of our effort includes offering a voluntary layoff program for eligible employees. While no final decisions have been made on additional actions, we remain focused on doing what is in the long-term interests of Spirit, its stockholders and other stakeholders, including employees. We continue to work with Boeing on resuming production of the MAX. Our goal is to support Boeing as it works toward a safe return of the MAX to service. "
