Wichita-based Aircraft Company Offering To Buyout Employees

By: AP, Posted by Justin Surrency
By: AP, Posted by Justin Surrency

WICHITA, Kan. (AP)__Hourly employees at Cessna Aircraft are being offered retirement buyouts.

According to the Wichita Eagle, Cessna, which is based in Wichita, is looking to get nearly 180 workers belonging to the Machinists union to voluntarily take the retirement offer.

The Wichita based aircraft company currently employs 8,200 with 5,200 workers in Wichita. Cessna says it needs to cut employment figures because of low demand for light business jets.

The Wichita Eagle reports Cessna's senior vice president of human resources Jim Walters stated that the buyouts and a similar program for salaried employees released last month should allow the company to make most of its workforce adjustments in a voluntary matter.

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