Cessna Aircraft Lay off Job Cut: Cessna Aircraft fires 500

The financial turmoil is taking a toll on all the sectors of the world. The latest one to add to the list of lay off or Job Cuts is the Las Vegas Sands company, which is reported to have laid off 500 workers.

Which location will the Cessna Aircraft Lay off Job Cut take place?
Cessna Aircraft is reported to lay off people at Wichita Citation Columbus plant. The company will also lay off 165 employees at its Bend, Ore., plant. The cuts will come through involuntary and voluntary layoffs.

What will be the process of Cessna Aircraft Lay off Job Cut?
It is learnt that there was an email sent to the employees by the Vice President of the company in which it was mentioned that the lay off would start in next few weeks.

Will the employees be given any notice period for Cessna Aircraft Lay off Job Cut
The employees would be given a 60 day notice period before they are asked to leave.

Which department will be hurt the most due to Cessna Aircraft Lay off Job Cut
Apart from the regular employees at the above mentoned plants and locations, Contract labor could also be cut.

As per the news, Cessna is the second general aviation company in Wichita to announce layoffs this month. Hawker Beechcraft cut 5 percent of its work force on Friday -- about 490 people-- as it lowered production targets for 2009, a result of the credit crunch and a turbulent economy.

Let's hope that alternative jobs are available to the affected employees of Cessna Aircraft Lay off Job Cut.