Citing declining production of its V-22 tilt-rotor aircraft and a soft market for commercial helicopters, Bell Helicopter announced plans Tuesday to trim 1,100 jobs from its global workforce, the latest in a series of cutbacks for the Fort Worth-based manufacturer.
In a memo sent to employees, John L. Garrison, president and chief executive officer, said the company had anticipated the commercial market would rebound this year, but that hasn’t happened.
http://www.star-telegram.com/news/local/community/fort-worth/article19801200.html
“In a memo sent to employees, John L. Garrison, president and chief executive officer, said the company had anticipated the commercial market would rebound this year, but that hasn’t happened.”
Why did they anticipate that? Because CNN told them?
The Greater Depression drags on...
Bell Helicopter is planning about 300 layoffs at its plant in Mirabel, Que.,
More HOPE & CHANGE .............
I’m going to the Driving Range!