Cessna Reduces Workforce, Number Of Layoffs Not Specified | 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-04.01.24

Airborne-Unlimited-04.16.24

Airborne-FlightTraining-04.17.24 Airborne-Unlimited-04.11.24

Airborne-Unlimited-04.12.24

Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at
www.airborne-live.net

Fri, May 24, 2013

Cessna Reduces Workforce, Number Of Layoffs Not Specified

Move Follows Offer Of Voluntary Retirement Last Month

An unspecified number of workers have been laid off at Cessna, according to a company statement. The move came Thursday, a month after the planemaker asked for voluntary retirements from both salaried and hourly workers.

According to a report in the Wichita Eagle, the company said in a statement that it was implementing a plan announced April 29th. Both the company and the union had hoped that enough workers would accept retirement make layoffs unnecessary, but that didn't happen.

Cessna says that the market for business jets continues to be soft, and it has not been building a backlog of orders despite some indications of an economic recovery and improved corporate profits. Textron CEO Scott Donnelly said in a conference call last month that the more typical situation has been "you take an order for an aircraft and you deliver the aircraft."

The retirement plan and subsequent layoffs are part of a strategy to align Cessna's workforce with its production and sales forecasts. Cessna employs 8,200 people, with the majority of those working in Wichita.

FMI: www.cessna.com

Advertisement

More News

ANN's Daily Aero-Linx (04.15.24)

Aero Linx: International Flying Farmers IFF is a not-for-profit organization started in 1944 by farmers who were also private pilots. We have members all across the United States a>[...]

Classic Aero-TV: 'No Other Options' -- The Israeli Air Force's Danny Shapira

From 2017 (YouTube Version): Remembrances Of An Israeli Air Force Test Pilot Early in 2016, ANN contributor Maxine Scheer traveled to Israel, where she had the opportunity to sit d>[...]

Aero-News: Quote of the Day (04.15.24)

"We renegotiated what our debt restructuring is on a lot of our debts, mostly with the family. Those debts are going to be converted into equity..." Source: Excerpts from a short v>[...]

Airborne 04.16.24: RV Update, Affordable Flying Expo, Diamond Lil

Also: B-29 Superfortress Reunion, FAA Wants Controllers, Spirit Airlines Pulls Back, Gogo Galileo Van's Aircraft posted a short video recapping the goings-on around their reorganiz>[...]

ANN's Daily Aero-Term (04.16.24): Chart Supplement US

Chart Supplement US A flight information publication designed for use with appropriate IFR or VFR charts which contains data on all airports, seaplane bases, and heliports open to >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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