Textron Announces Further Layoffs

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Citing “evolving global economic uncertainty and existing market conditions,” Textron announced on Tuesday that it is laying off approximately 800 employees in its aviation division. The majority of the layoffs are expected to affect workers at the company’s facility in Wichita, Kansas. The move is the latest in a series of layoffs at Textron with 250 Textron Aviation employees—70 of whom worked in Wichita—laid off in June and 875 people across the company laid off last December. Prior to the most recent round of layoffs, Textron Aviation employed approximately 9,000 people in Wichita.

In a report filed with the U.S. Securities and Exchange Commission in June, Textron stated that it would be eliminating up to 1,950 positions and the closing its TRU Simulation + Training commercial air transport simulator manufacturing facility in Montreal, Canada, as part of a restructuring plan. Along with TRU, the company reported the plan would primarily impact its aviation and industrial segments. According to Textron, restructuring was necessitated by “the economic challenges and uncertainty” resulting from the coronavirus (COVID-19) pandemic.

As previously reported by AVweb, Textron Aviation also began instituting rolling furloughs last March due to the pandemic. The company has said that further furloughs and workforce reductions may be necessary throughout the rest of 2020.

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4 COMMENTS

  1. Wait a minute. In a period of history where getting on an airliner is just plain stupid, and when it’s very likely to only become somewhat less stupid (especially for older executive types), these guys aren’t taking extra orders?

    It’s time to train your folks on the actual science of what’s ahead, and start the smiling and dialing.

  2. The problem is not so much how you travel, but where are you going to go? Resorts are closed, countries (and states) are imposing travel restrictions on people from other countries (or states), and business offices are closed and people are working from home.

  3. I want to fly, but not in circles. I want a place to go, however, there are very few places one can go that is open and if they are, pre Covid services have been eliminated, or, severely restricted. Even work related projects I can fly to have post Covid limitations that have reduced the need to fly. Commercial flight is completely out of the question. It’s not even a remote option.
    There are some big permanent changes on the horizon that are slowly revealing themselves and some of them are going to be a real eye opening head shaker.

  4. Companies with multiple locations are eventually going to have to go to those locations. Meetings are going to start happening again. I’m not meeting with anyone who just got off a United flight. One way or another, companies are going to have travel needs a year from now. People they used to send commercial will likely travel much less, but some trips need to be made.

    I suspect the chiefs are not going to be the only kids in the jets anymore.