Cirrus Calls Mandatory Staff Meeting
Cirrus Design will hold a mandatory staff meeting on Thursday to discuss the company's state of affairs. WDIO TV is reporting that "major staffing changes" are in store for the company, which, like virtually all aircraft manufacturers, is seeing sales drop in the current economic crisis. The TV station quotes vice president of business administration Bill King as saying "huge internal staffing changes" are planned. "If the market conditions continue to soften — and they certainly could, you know, for the first quarter or two of the year here — then we're going to need to be thoughtful about how we respond to that as well," King told the TV station. "We certainly can't allow the business to get put into a situation where we can't sustain it."
The station says the memo calling the meeting indicates that not all employees scheduled to return to work from a month-long furlough will be recalled. King said there are new developments coming and the company is cautiously optimistic about sales in the coming year, but the economic situation is such that it's impossible to predict.