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You can get more textron news below: Textron’ s Cessna to cut 1,300 jobs NEW YORK (Reuters) – Textron Inc’s (TXT.N) Cessna unit said it would cut another 1,300 jobs, underscoring the face of deteriorating demand for corporate aircraft and leaving the company with about half of its workforce remaining. Last week the diversified U.S. manufacturer said it planned to announce more job cuts as order cancellations continued. The company is the world’s largest maker of business jets. At its height is employed about 16,000 workers. Business jets have become something of a symbol of corporate excess in the current downturn, after the heads of big Detroit automakers outraged Congress last year by flying to Washington in private planes to ask for government money. Karen Gordon Quintal, a spokeswoman for Providence, Rhode Island-based Textron, said the cutbacks will affect all Cessna’s facilities. Cessna, based on Wichita, Kansas., has manufacturing facilities in Independence, Kansas, Columbus, Ge
You can get more textron news below: Textron’ s Cessna to cut 1,300 jobs NEW YORK (Reuters) – Textron Inc’s (TXT.N) Cessna unit said it would cut another 1,300 jobs, underscoring the face of deteriorating demand for corporate aircraft and leaving the company with about half of its workforce remaining. Last week the diversified U.S. manufacturer said it planned to announce more job cuts as order cancellations continued. The company is the world’s largest maker of business jets. At its height is employed about 16,000 workers. Business jets have become something of a symbol of corporate excess in the current downturn, after the heads of big Detroit automakers outraged Congress last year by flying to Washington in private planes to ask for government money. Karen Gordon Quintal, a spokeswoman for Providence, Rhode Island-based Textron, said the cutbacks will affect all Cessna’s facilities. Cessna, based on Wichita, Kansas., has manufacturing facilities in Independence, Kansas, Columbus, Ge
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