Textron Aviation Initiates Workforce Reduction | 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-04.29.24

Airborne-NextGen-04.30.24

Airborne-Unlimited-05.01.24 Airborne-AffordableFlyers--05.02.24

Airborne-Unlimited-05.03.24

Fri, Apr 25, 2014

Textron Aviation Initiates Workforce Reduction

Some 750 Workers Given 60-Day Layoff Notices

Approximately 750 workers are being laid off by Textron aviation across the Cessna and Beechcraft divisions, but the announcement did not really come as a surprise. The 60-day notices that went out Wednesday were reportedly in line with or lower than expected job cuts at the Textron subsidiaries.

The Wichita Eagle reports that the layoffs affect salaried and hourly workers in management and non-management positions, though no further details were provided by Textron. About 750 employees total were idled, including about 575 in Kansas.

The two companies combined employ nearly 9,000 people in Wichita.

Teal Group aviation analyst Richard Aboulafia told the paper that the level of layoffs announced is not unreasonable for a scenario in which two healthy companies with full staffs merge, but that does not mean that it won't be painful. Both had cut workforces significantly in the past, and "they cut some important positions. They lost an awful lot or talent," Aboulafia said.

Most of those laid off cleaned out their desks and workspaces Wednesday, but they will continue to be paid for two months.

But as Textron shrinks its workforce, Spirit Aerosystems in Wichita is hiring, the paper reported. The company says it is looking to fill some 250 positions in the city.

FMI: www.textronaviation.com

Advertisement

More News

ANN's Daily Aero-Linx (05.02.24)

Aero Linx: Model Aeronautical Association of Australia MAAA clubs are about fun flying, camaraderie and community. For over 75 years, the MAAA has been Australia’s largest fl>[...]

ANN's Daily Aero-Term (05.02.24): Touchdown Zone Lighting

Touchdown Zone Lighting Two rows of transverse light bars located symmetrically about the runway centerline normally at 100 foot intervals. The basic system extends 3,000 feet alon>[...]

Aero-News: Quote of the Day (05.02.24)

“Discovery and innovation are central to our mission at Virgin Galactic. We’re excited to build on our successful record of facilitating scientific experiments in subor>[...]

ANN FAQ: Contributing To Aero-TV

How To Get A Story On Aero-TV News/Feature Programming How do I submit a story idea or lead to Aero-TV? If you would like to submit a story idea or lead, please contact Jim Campbel>[...]

NTSB Final Report: Cirrus Design Corp SR20

Student Pilot Reported That During Rotation, “All Of A Sudden The Back Of The Plane Kicked To The Right..." Analysis: The student pilot reported that during rotation, “>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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