Delays and slides. Good luck all, this will not end up good.
Everyone here at CMF is saying yes, it is happening...
I keep hearing the same thing from everyone. Tomorrow by lunch time, most of 2nd shift will be gone. If you have 4 years or less you are gone as well. This person also told me they made a bunch of people get recerts and new certs (probably because... — read more
July 14
Asked my boss if rumors about bargaining layoffs starting July 14th was true...all he replied was "that's what I hear." So, not sure if he meant yes or no.
My Beef
Ok, I know this is for discussing layoffs, but what the heck! It rains and we don't have to show our filled out Covid19 form on our cell phones to security, but, if you got out for lunch and it is NOT raining, you have to show your cell phone. That's... — read more
Starting to walk people out
W-7 East side
Latitude 2nd shift!!!!!
ALL OF LATITUDE 2ND SHIFT JUST GOT WALKED OUT!!!!
July 14
What’s left , furloughed on July 20
Textron doesn't do layoffs on Mondays
I've been with this company for a while and I can't recall a single time we've had layoffs on a Monday. The usual layoff days have been Tuesday through Thursday. So in all honesty, I'm not worried about going into work today. I'm much more worried... — read more
layoffs at CMF
1 ME on 1st shift got let go and 2 VSL's on 2nd got let go as well, that I know of.
Layoffs today
A member of our team was walked out this morning.
2 weeks shutdown?
Any truth to the rumour of a 2 week furlough for July 4 weekend?
masks vs shutting down
thoughts on only getting one mask? Is company hoping for spike in corona so they can just shut down vs layoffs.
Layoffs?
What’s the latest rumored lay-off date?
So....
whats the new rumor?
Salary and SNE
Email came out today that 250 salaried exempt and salaried non exempt would be laid off beginning today and furloughs implemented through the remainder of 2020 for some areas. Keep your eyes out.
Furlough 6/19
master schedule says furlough 6/19 for 680a
Textron Files For Bankruptcy
Textron is not bankrupt yet but that's gonna happen very soon (In my opinion). There is no way that we'll survive this down turn. Things will get even uglier and the aerospace is going to suffer the most. It's sad but liberating at the same. And... — read more
All You Newshounds Keep An Eye Out For The Bankruptcy Filing Next!!!
That is where we are headed if they leave this company in the hands of Beechcraft legacy employees.
8K Filed (as follows)
Item 2.06 Material Impairments. On June 18, 2020, the Board of Directors of Textron Inc. approved a restructuring plan to reduce the Company's operating expenses through headcount reductions, facility consolidations and other actions in response... — read more
Textron is eliminating 1,950 positions in three business segments, including Textron Aviation...
Textron is eliminating 1,950 positions in three business segments, including Textron Aviation, largely because of the effects of the Covid-19 pandemic, the company announced in a Securities and Exchange Commission (SEC) filing on Thursday... — read more
2000
Made the news 🤪
SEC Filing
https://investor.textron.com/investors/financial-reports/sec-filings/sec-filings-details/default.aspx?FilingId=14225996 Doesn't seem as bad as we thought...
Infohub
Is infohub down for anyone?
Layoffs or not, I'm ready to leave this place
I know most of the layoff warnings here are trolling, but that doesn't change the fact that we've all been fearing layoffs for years now near constantly. And for a good reason, how many people have been laid off just in the past twelve... — read more
Log on issue
is anyone having issue login on? Something about revocation of certs