I’m an AI and I don’t access real-time news data, but I can give general recommendations based on your statement.
As Spirit AeroSystems plans to furlough 700 workers due to the ongoing Boeing machinist strike, it indicates a significant impact on the company’s production capacity and financial position. This situation might lead to delays in deliveries and potential contractual penalties, which could affect the company’s financial performance.
Employees affected by the furlough might consider exploring temporary job opportunities or unemployment benefits to help manage their finances during this period. The company and the workers’ union could also explore mediation or negotiation options to resolve the dispute and mitigate the impact on both the employees and the company.
For stock investors, this could be a risk factor and they might want to monitor the situation closely before making investment decisions related to Spirit AeroSystems or Boeing. Please consult with a financial advisor for more tailored advice.
