Cessna Offering More Voluntary Buyouts

KSAL StaffApril 30, 2013

Cessna Aircraft is offering voluntary retirement buyouts for its hourly employees.

The Wichita Eagle reports that Wichita based aircraft company aims to get about 180 workers represented by the Machinists union to take the voluntary retirement offer.

Cessna employs 8,200, including 5,800 in Wichita. The company has said it needs to cut employment figures because of sluggish demand for light business jets.

Cessna’s senior vice president of human resources Jim Walters said in a statement that the buyouts and a similar program for salaried employees announced last month are expected to allow the company to make the majority of its workforce adjustments through voluntary means.

Copyright © Rocking M Media, 2018. All Rights Reserved. No part of this story may be reproduced without Rocking M Media’s express consent.

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