Collins Aerospace laying off employees due to COVID-19
CEDAR RAPIDS, Iowa (KCRG) - Collins Aerospace announced that they will have to lay off employees due to COVID-19.
Officials with the company stated, “Collins Aerospace continues to experience and forecast reduced business due to COVID-19. While we were hopeful the previous cost-cutting steps to align our business with lower levels of commercial demand would be enough - they simply were not.”
Employees impacted by this will be receiving a separation payment, transition payment, and continuation of benefits. Services will also be available to support those employees through the transition.
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