Spirit Aero Warns of More Layoffs If Boeing Strike Drags On

U.S. supplier Spirit AeroSystems will lay off workers and impose more drastic furloughs if Boeing's machinist strike extends beyond next month, a company spokesperson said on Wednesday.

"Should the strike continue beyond the end of November, financial pressures and a significant inventory buffer will require us to implement layoffs and more drastic furloughs," spokesperson Joe Buccino said in a statement.