In 2008, about 500 Beechcraft employees lost their jobs.
In 2009, Beechcraft is undergoing a $17 million expansion to its Little Rock facility where 900 people work. This was announced last October; however, there are still going to be company job cuts across the board. In a letter to employees, Beechcraft Chairman and CEO Jim Schuster said "As a result, we are forced to substantially decrease our 2009 production levels and take the painful step of reducing our workforce accordingly. We are in the process of finalizing our plans and will notify affected employees as soon as possible."
2009/01/23
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