Textron

Business
1:15 pm
Wed April 23, 2014

Textron Aviation To Cut 575 Jobs In Kansas

A Beechcraft Bonanza aircraft. Beechcraft was acquired by Textron Aviation in March for $1.4 billion.
Credit D. Miller / Flickr / Creative Commons

A total of 750 employees of the newly created Textron Aviation were told on Wednesday morning that they are to be laid off. The announcement came in the form of letters sent to employees. The bulk of the cuts—575—will be to salaried and hourly employees currently working in Wichita and Independence, Kan. The layoffs will take place over the next 60 days.

This decision was not unexpected – after Textron Inc. acquired Beechcraft for $1.4 billion last month, the company formed Textron Aviation, which includes Cessna. Textron Aviation is now consolidating the two companies.

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Aircraft
5:41 pm
Fri December 27, 2013

Wichita Leaders Hopeful About Beechcraft Merger

Civic leaders in Wichita are expressing optimism following the sale of one of the community's linchpin aviation companies to a competitor.

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