Triumph Group To Lay Off Hundreds, Cut Pay

triumph
Credit: Triumph Group
Following a warning last week of coming cutbacks—and on the heels of previously announced cost-saving goals months ago before the COVID-19 pandemic—major Tier 2 provider Triumph Group on March 24 said it will eliminate 500 staff and contractor jobs by May 1. The Berwyn, Pennsylvania, supplier will...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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