Heico leaders said late April 15 they have laid off “some” employees across their aerospace and defense supplier portfolio and have cut work hours and pay at subsidiaries, but they are trying to avoid mass-layoffs as the COVID-19 pandemic rolls back the worldwide aerospace business. “We know it is a...
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Heico Owners Acknowledge Stress, Cuts Amid COVID-19 Crisis is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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