Textron Expands Layoffs

Image: Textron Aviation
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Key Takeaways:

  • Textron Aviation is laying off approximately 250 salaried employees, including 70 in Wichita, due to global economic uncertainty and current market conditions.
  • The company indicates that while there are some positive signs in general aviation, a sustained increase in business activity is still needed to overcome the challenges.
  • Textron has warned of potential additional furloughs and is requesting early negotiations with union members, whose current arrangement is set to expire in September.
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Wichita-based Textron Aviation will lay off around 250 workers as the nation continues to reel from the novel coronavirus. Some 70 of those involve employees in Wichita. According to reports, the layoffs do not involve union members, but affect salaried exempt and non-exempt employees. Textron employs around 9,500 people in Wichita alone. “As Textron Aviation continues to adjust to the evolving global economic uncertainty and existing market conditions, the company has announced workforce reductions and additional periodic furloughs in some functional areas throughout the remainder of 2020,” the company said in a statement. 

“These are hard decisions to make during this challenging time,” Textron management told its employees. “While there are some promising indicators, such as a positive sentiment toward general aviation, a rise in U.S. flight activity, and limited pre-owned aircraft available for purchase, a sustained increase in business activity is still needed.”

Even those retaining their jobs for now were warned that there may be additional furloughs this year. Textron has asked the International Association of Machinists and Aerospace Workers to open negotiations early. The arrangement in place is set to expire at the end of September. Union members are due to vote this week on whether to start talking now or wait until September. 

mcook

KITPLANES Editor in Chief Marc Cook has been in aviation journalism for more than 30 years. He is a 4000-hour instrument-rated, multi-engine pilot with experience in nearly 150 types. He’s completed two kit aircraft, an Aero Designs Pulsar XP and a Glasair Sportsman 2+2, and currently flies a 2002 GlaStar.
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