Thoughts?!
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This is a continuation of a trend pattern involving the dissolution of Esterline in general going back to 2008-2012 when the Big Money holdings firm had forced the sale of the company while running a smoke and mirrors show out to Wall Street investors.
So now, this makes the third phase layoff to occur and gut more resources. That's a lot of people to cut in one go. Typically, they were doing it in small doses (batch layoffs over irregular intervals).
I think it was up to 150. Production alone cut over 90 people.
And today it happened....another 70+ employees gone