The Layoffs Continue: TCM Cuts 60 Jobs In Mobile | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.01.24

Airborne-Unlimited-04.16.24

Airborne-FlightTraining-04.17.24 Airborne-Unlimited-04.11.24

Airborne-Unlimited-04.12.24

Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at
www.airborne-live.net

Sat, Nov 22, 2008

The Layoffs Continue: TCM Cuts 60 Jobs In Mobile

Remaining Workers Will Get Time Off... Paid Or Unpaid

The hard times continue for workers in the aerospace industry. The Mobile (AL) Press-Register reports Teledyne Continental Motors laid off 60 workers Thursday and Friday, due to a sharp drop in the market for aircraft engines and parts.

TCM President Rhett Ross told the paper late Friday that approximately 25 salaried workers were handed their walking papers Thursday, with another 35 hourly workers joining them before the close of business Friday. The layoffs are considered permanent -- no furloughs here -- though Ross expressed hope some workers could be called back if the market turns around.

The layoffs leave roughly 440 workers at TCM's plant at the Brookley Field Industrial Complex plant in Mobile... and remaining employees were encouraged to use their vacation days soon. Many workers with no vacation time accrued were told to take unpaid leave, according to the Press-Register report.

TCM plans to extend its normal holiday shutdown, shutting down most of its operations through the end of the year. The company will leave a small workforce in place to handle remaining orders.

The layoffs and shutdown come less than one month after Teledyne Continental cut 20 workers from second shift production.

FMI: www.tcmlink.com

Advertisement

More News

ANN's Daily Aero-Linx (04.15.24)

Aero Linx: International Flying Farmers IFF is a not-for-profit organization started in 1944 by farmers who were also private pilots. We have members all across the United States a>[...]

Classic Aero-TV: 'No Other Options' -- The Israeli Air Force's Danny Shapira

From 2017 (YouTube Version): Remembrances Of An Israeli Air Force Test Pilot Early in 2016, ANN contributor Maxine Scheer traveled to Israel, where she had the opportunity to sit d>[...]

Aero-News: Quote of the Day (04.15.24)

"We renegotiated what our debt restructuring is on a lot of our debts, mostly with the family. Those debts are going to be converted into equity..." Source: Excerpts from a short v>[...]

Airborne 04.16.24: RV Update, Affordable Flying Expo, Diamond Lil

Also: B-29 Superfortress Reunion, FAA Wants Controllers, Spirit Airlines Pulls Back, Gogo Galileo Van's Aircraft posted a short video recapping the goings-on around their reorganiz>[...]

ANN's Daily Aero-Term (04.16.24): Chart Supplement US

Chart Supplement US A flight information publication designed for use with appropriate IFR or VFR charts which contains data on all airports, seaplane bases, and heliports open to >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC