Hawker Beechcraft HBC Layoffs Job Cut: may fire 2300-2700 employees: Finance Trading Times

Hawker Beechcraft HBC Layoffs Job Cut: may fire 2300-2700 employees

The news is not good for the employees of Hawker Beechcraft. Another news of layoffs, another plane company joining the group of companies to go for layoffs. The firm Hawker Beechcraft, has decided to go for Hawker Beechcraft Lay offs or Hawker Beechcraft Job Cuts. Hawker Beechcraft Layoffs

How many employees may be fired by Hawker Beechcraft layoffs?
The news is that around 2300 to 2700 employees will be asked to leave their jobs at Hawker Beechcraft. The news is confirmed as Chairman and CEO Jim Schuster announced Tuesday in a letter to employees.

How many employees does Hawker Beechcraft have?
The total no. of employees at Hawker Beechcraft is 7500 and it is the third largest employer at Wichita.

Which locations will be affected by the Hawker Beechcraft Layoffs?
Location wise job cut details are not available as of now. It is learnt that location wise details will be made available by Friday.

Which segment of employees will be affected by the Hawker Beechcraft layoffs
All details will be available by Friday.

How much savings can be made by Hawker Beechcraft Layoffs?
No information is available about the savings to be made

When will the Hawker Beechcraft layoffs happen
They will be done as soon as possible, however, it is learnt that the company has already declared 500 layoffs in the month of November.

Any severance package for the affected employees?
No info available.

What are the primary reasons of Hawker Beechcraft Layoffs
Schuster also cited problems with the government’s stimulus package, which he said fails to loosen credit markets, and a slowing of orders from previously high-volume business segments.

Any other news about Hawker Beechcraft?
As per BizJournal, “The increased challenges that lay before us demand an extraordinary response from our company and the U.S. aviation industry to ensure our short-term stability and long-term success,” Schuster said. “This is an extremely painful step for the HBC family and community, but one that is absolutely necessary.”
It’s unclear whether Hawker will impose additional layoffs. Schuster said he couldn’t promise Tuesday’s layoffs would be the last at Hawker.
Let's hope that alternative jobs are available to the affected employees of Hawker Beechcraft Layoffs Job Cut.
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