Economy

Cessna Aircraft to cut another 1,300 positions

Cessna Aircraft Co. will reduce its work force by another 1,300 people, the company told employees this morning.

Including the cuts announced today, Cessna has cut staffing by 8,200 people since November.

Layoff notices will be distributed to 800 employees, primarily hourly workers on the production lines, on June 19, Cessna spokesman Bob Stangarone said. The 60-day notices will be distributed before the start of a four-week furlough.

The remaining notices to about 500 people will be issued no later than August 14, the company said.

In addition to the four-week furlough, the company is adding another three weeks of furlough. Production employees will not be affected by the additional time, Stangarone said.

The three weeks will be scheduled with the individual employees between now and the end of the year, Stangarone said.

"This is a cyclical industry, and right now we're in the worst part of the cycle," Stangarone said. "While the economy appears to have reached the bottom, it's still going to be quite some time before we're going to see the kind of growth in the economy that will drive airplane sales."

Read more at Kansas.com

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