Aviation Economic News
February 4, 2009
Hawker Beechcraft lays off 2,300
Hawker Beechcraft Chairman and CEO Jim Schuster has notified employees that the company will reduce its workforce by 2,300 employees before the end of 2009. The action follows similar layoff announcements throughout the aircraft manufacturing industry.
The move by Hawker Beechcraft is one of many cuts being experienced throughout the worldwide aviation industry. The United States dominates the world market with more than half of all US production going overseas providing $150 billion annually to the US economy.
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