Transdigm announces cost mitigation efforts.transdigm group inc - adjusted its estimated shipping levels accordingly and will reduce its workforce by up to 15%.transdigm group inc - currently anticipates implementing one to two week furloughs at many locations over approximately next six months.transdigm group inc - impacted domestic employees will receive a substantial lump sum payment upon their departure based on their tenure.transdigm group inc - beginning to see significant decreases in demand across its commercial aerospace business.transdigm group inc - withdrawing its financial guidance for fiscal year ending september 30, 2020.transdigm group inc - expects decreases in demand across commercial aerospace business to continue in coming months.transdigm group inc - senior management team will substantially reduce their cash compensation for balance of 2020..transdigm group inc - members of board of directors will forgo their annual cash board fees.transdigm group inc - ceo stein is reducing his cash compensation by over 50%.
TDG Ratings Summary
TDG Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission