Boeing supplier Spirit AeroSystems to lay off about 400 employees

May 16 (Reuters) - Spirit AeroSystems is laying off several hundred members of its workforce in Wichita, Kan., according to an internal memo, as the company deals with high debt and slowed production at Boeing, its key customer.

“The recent slowdown in the delivery rate on commercial programs compels a reduction to our workforce in Wichita,” spokesman Joe Buccino said. “In the coming weeks, we will inform affected employees. We are committed to implementing this transition in as compassionate a manner as possible.”

 

The headquarters of Spirit AeroSystems Holdings Inc, is seen in Wichita, Kansas, U.S. December 17, 2019. REUTERS

The memo, first reported by Wichita-based KSN, said about 400 employees would be affected. Buccino did not confirm that figure to Reuters. Spirit had already started to limit overtime and hiring as production declines due to lower output of 737 MAX jets following a January mid-air blowout on a Boeing plane.

Walmart to cut jobs at headquarters, relocate hundreds of corporate workers across the country

• Walmart is laying off and transferring hundreds of its corporate employees.
  

• The company is relocating remote workers and those at its Dallas, Toronto and Atlanta offices.
  

• The discounter is currently building a new headquarters in its hometown of Bentonville, Arkansas.

Walmart is laying off hundreds of corporate workers across the country as it relocates many employees to its Arkansas headquarters.

The big-box retailer confirmed the layoffs and relocations in a memo sent to employees Tuesday.

In the memo, Chief People Officer Donna Morris said the move is meant to bring more of its employees back to the office after the Covid-19 pandemic. The company brought corporate employees back to its Bentonville, Arkansas, headquarters in February 2022.

Now, she said, Walmart is taking that a step further. The majority of employees working remotely and in offices in Dallas, Atlanta and Toronto have been asked to relocate. Most will be moved to the company’s Arkansas headquarters, but some will also relocate to offices in the San Francisco Bay Area or Hoboken, New Jersey, she said.

The layoffs are the latest cost cut for the discounter. In late April, Walmart announced it would shutter 51 health clinics across Arkansas, Florida, Georgia, Illinois and Texas. The new clinics, which offered doctor, dentist and therapy appointments, were part of Walmart Health, a broad effort by the discounter to bring lower prices to the health-care industry. It had opened the health clinics next to its big-box stores, but said in an announcement on its website that the business was not financially sustainable.

Walmart is the nation’s largest private employer with about 1.6 million employees, most of whom work at its stores across the country.

Walmart has another reason to bring more employees to Bentonville: It is building a nearly 350-acre campus there. The major development, which is well underway, includes 12 office buildings, along with parking lots, a hotel and other amenities. The campus’ first few buildings have already opened, including a fitness center and a day care.