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Cessna Offering Early Retirement To 180 Employees


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Monday, April 29, 2013

Cessna is offering early retirement to employees represented by the Machinists Union.

Cessna is making the offer to 180 bargained employees. Cessna said this is part of the company's effort to align its workforce with the revised production forecast.

Cessna is lowering the number of planes it expects to build this year due to poor market conditions for business jets.

Cessna made an early retirement offer to salaried employees earlier this month. Workers who accept that offer could be off the job by the end of the week.

In Monday's voluntary retirement program offer, bargained employees have until May 9th to decide. Their retirement date is May 24th.

In a released statement Cessna Sr. Vice President of Human Resources, Jim Walters, says "The expertise and commitment of Cessna's workforce is unparalleled and any action we take that impacts our team, particularly reductions, is not taken lightly."

Walters also says, "We predict our actions now, coupled with the voluntary separation program announced for indirect employees last month, will result in the majority of adjustments to the workforce coming through voluntary means."

President of the I.A.M district 70, Frank Molina, says, "The company is looking at some way to reduce head count. And going through attrition this way is a lot better than putting out pink slips. And we'd much rather go down this route."

Molina also says, "We hope that it will fix any thought of layoff or any part of that but we won't know till the program goes through."


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