Cessna to Lay Off 2,000 More Workers
By Roxana Hegeman
WICHITA, Kan. -- Cessna Aircraft told workers Monday that it will lay off an additional 2,000 employees across its facilities, saying the job cuts are necessary to ensure its long-term stability and success.
The announcement was made in an email from Cessna's head of human resources, Jim Walters, to employees. The workforce reductions will be implemented across the Wichita, Kan.-based company's facilities and affect all pay categories, it said. Cessna is a unit of Textron(TXT Quote).
"These actions are regrettable, but necessary to ensure our long-term stability and success," Walters told employees in the email. "As always, we remain committed to keep you informed of the processes and next steps as we work through this difficult time." ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
DOWN
0.48
|
10 Yr
3.23%
SPDR Gold
115.06
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.46%
|
Data delayed 20 minutes |


Connect with TheStreet