For education and discussion only. Not for commercial use. PROVIDENCE, R.I. (AP)--Textron Inc. will lay off 1,200 employees in its Cessna Aircraft unit, citing a reduction in the order placed by one of its two major business jet customers and worldwide economic concerns. The company also announced Thursday that it will be reducing its earnings projections for the year, but gave no specific dollar figure. Textron said the layoffs will be concentrated at Cessna's Wichita, Kan., headquarters, where 9,200 are employed. The layoffs also will affect a Cessna facility in Columbus, Ohio, that employs 400 workers; a Cessna facility in...
