More Layoffs At Cessna

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Key Takeaways:

  • Cessna is preparing for another round of layoffs and production schedule changes due to the deepening financial crisis impacting aircraft orders.
  • This follows earlier layoffs of 550 employees in November and the halting of a $13 million plant expansion, though construction for the large-cabin Columbus business jet continues.
  • Specific details regarding the affected production lines or the exact number of new layoffs are still being determined and are expected to be finalized in the coming weeks.
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Cessna is warning its workers to brace for another round of layoffs as the deepening financial crises puts the brakes on aircraft orders. The Wichita Business Journal says Cessna spokesman Doug Oliver confirmed earlier reports that Cessna CEO Jack Pelton had sent an e-mail to employees saying the company’s production schedule was being changed in response to economic conditions. He did not detail how each of the various production lines would be affected, nor did he say how many people will be laid off.

Oliver told the Business Journal that hard numbers would take a couple of weeks to determine. In November, 500 employees were told they would be laid off and those layoffs are just taking effect. Another 50 workers took a buyout. A month ago, Cessna halted a $13 million expansion of its Pawnee production plant. The company said at the time it is continuing construction of production facilities for its large-cabin Columbus business jet.

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