fisher37
Well-Known Member
http://www.kake.com/home/headlines/43976732.html
Wednesday, April 29, 2009
Cessna says 1,600 layoff notices are going out today to all levels of the company, 1,300 of which are in Wichita.
<script language="Javascript" type="text/javascript">if (self['plpm'] && plpm['Mid-Story Ad']) document.write('<table style=\"float : right;\" border=\"0\"><tbody><tr><td align=\"center\" valign=\"bottom\">');if (self['plpm'] && plpm['Mid-Story Ad']){ document.write(plpm['Mid-Story Ad']);} else { if(self['plurp'] && plurp['97']){} else {document.write('<scr'+'ipt language="Javascript" type="text/javascript" src="http://cas.clickability.com/cas/cas.js?r='+Math.random()+'&p=97&c=6500&m=22&d=22201&pre=%3Ctable+style%3D%22float+%3A+right%3B%22+border%3D%220%22%3E%3Ctbody%3E%3Ctr%3E%3Ctd+align%3D%22center%22+valign%3D%22bottom%22%3E&post=%3C%2Ftd%3E%3C%2Ftr%3E%3C%2Ftbody%3E%3C%2Ftable%3E"></scr'+'ipt>'); } }if (self['plpm'] && plpm['Mid-Story Ad']) document.write('</td></tr></tbody></table>');</script><script language="Javascript" type="text/javascript" src="http://cas.clickability.com/cas/cas.js?r=0.47451926137941136&p=97&c=6500&m=22&d=22201&pre=%3Ctable+style%3D%22float+%3A+right%3B%22+border%3D%220%22%3E%3Ctbody%3E%3Ctr%3E%3Ctd+align%3D%22center%22+valign%3D%22bottom%22%3E&post=%3C%2Ftd%3E%3C%2Ftr%3E%3C%2Ftbody%3E%3C%2Ftable%3E"></script> In mid-June, Cessna expects to lay off another 700 workers, as a result of the suspension of the Citation Columbus project, which was also announced today.
The company says the suspension of that program is due to low demand in the business jet economy.
The Columbus is Cessna's largest jet yet. The company is building a plant at its Mid-Continent Airport facility for final assembly, as well as receiving help from Spirit Aerosystems to build the aircraft's fuselage. Spirit is also building a new plant for Columbus production.
Cessna's previously announced two week shutdown in June has also been extended. That furlough will now run four weeks, from June 22 to July 19.
In another cost cutting measure, the company is also shutting down their Bend, Oregon facility and moving that work to Independence, Kansas. That move will take place later this year.
The announcements are in conjunction with Textron releasing its first-quarter earnings report Tuesday.
Wednesday, April 29, 2009
Cessna says 1,600 layoff notices are going out today to all levels of the company, 1,300 of which are in Wichita.
<script language="Javascript" type="text/javascript">if (self['plpm'] && plpm['Mid-Story Ad']) document.write('<table style=\"float : right;\" border=\"0\"><tbody><tr><td align=\"center\" valign=\"bottom\">');if (self['plpm'] && plpm['Mid-Story Ad']){ document.write(plpm['Mid-Story Ad']);} else { if(self['plurp'] && plurp['97']){} else {document.write('<scr'+'ipt language="Javascript" type="text/javascript" src="http://cas.clickability.com/cas/cas.js?r='+Math.random()+'&p=97&c=6500&m=22&d=22201&pre=%3Ctable+style%3D%22float+%3A+right%3B%22+border%3D%220%22%3E%3Ctbody%3E%3Ctr%3E%3Ctd+align%3D%22center%22+valign%3D%22bottom%22%3E&post=%3C%2Ftd%3E%3C%2Ftr%3E%3C%2Ftbody%3E%3C%2Ftable%3E"></scr'+'ipt>'); } }if (self['plpm'] && plpm['Mid-Story Ad']) document.write('</td></tr></tbody></table>');</script><script language="Javascript" type="text/javascript" src="http://cas.clickability.com/cas/cas.js?r=0.47451926137941136&p=97&c=6500&m=22&d=22201&pre=%3Ctable+style%3D%22float+%3A+right%3B%22+border%3D%220%22%3E%3Ctbody%3E%3Ctr%3E%3Ctd+align%3D%22center%22+valign%3D%22bottom%22%3E&post=%3C%2Ftd%3E%3C%2Ftr%3E%3C%2Ftbody%3E%3C%2Ftable%3E"></script> In mid-June, Cessna expects to lay off another 700 workers, as a result of the suspension of the Citation Columbus project, which was also announced today.
The company says the suspension of that program is due to low demand in the business jet economy.
The Columbus is Cessna's largest jet yet. The company is building a plant at its Mid-Continent Airport facility for final assembly, as well as receiving help from Spirit Aerosystems to build the aircraft's fuselage. Spirit is also building a new plant for Columbus production.
Cessna's previously announced two week shutdown in June has also been extended. That furlough will now run four weeks, from June 22 to July 19.
In another cost cutting measure, the company is also shutting down their Bend, Oregon facility and moving that work to Independence, Kansas. That move will take place later this year.
The announcements are in conjunction with Textron releasing its first-quarter earnings report Tuesday.