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http://news.yahoo.com/s/ap/20090612/ap_on_bi_ge/us_cessna_layoffs_2
Sad, sad, sad...
WICHITA, Kan. – Cessna Aircraft Co., the nation's largest builder of corporate jets, has announced an additional 1,300 layoffs. The cuts mean the company will have slashed its work force in half since the recession began. The recession has hurt demand for corporate jets.
Cessna said Friday the cutbacks will affect all the company's facilities.
Company spokesman Robert Stangarone says 800 people, mostly in production, will get layoff notices by June 19. The company then will go into a previously scheduled furlough period from June 22 to July 17. When work resumes, he says 500 more people will get layoff notices.
The company also plans an additional three-week furlough companywide on top of those moves.
Sad, sad, sad...