General Aviation
Cessna Lays Off Salaried Workers
May 23--Cessna Aircraft laid off an undisclosed number of salaried workers Thursday, a month after it offered a voluntary retirement program for hourly and salaried workers.
The company is working to align its workforce with a reduced forecast for sales and production.
"On April 29, Cessna announced as part of the Voluntary Retirement Plan offering that the company would also proceed with involuntary separations based on performance and scope of work," a Cessna spokesman said in a statement...
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