WICHITA, Kan. (KSNW) – Textron Aviation, the manufacturer of Beechcraft Cessna and Hawker, announced the company is conducting layoffs in Wichita.
A company spokesperson said in a statement that the company is reducing some professional positions effective Dec. 31, 2019. The positions impacted are primarily in engineering and additional business support functions. The majority are in Wichita. The reduction does not impact the company’s direct workforce (hourly manufacturing and customer support employees).
An economic expert says the job search should be fairly easy for those laid off.
“We have a long history of where one aerospace company doesn’t need someone, the other ones are out there hunting for that talent for tomorrow,” said Jeremy Hill, Director of the Center for Economic Development and Business Research at WSU.
Wichita Mayor Jeff Longwell says being the Air Capital, the city is filled with options.
“That’s the beauty of having clusters like we have, it provides opportunities when you have people moving around from one company to the next,” he said.
Hill says due to the nature of the industry, layoffs are something engineers often prepare for.
“They keep a large reserve in the bank just to handle these fluctuations,” said Hill.
Therefore, the layoffs should not impact the Wichita economy too much.
“With unemployment benefits, it probably won’t slow down too much for the retail spending during Christmas,” Hill said.
The company said earlier this month, Textron Aviation offered a Voluntary Retirement Program (VRP) with limited eligibility for salaried exempt employees only.
The company did not disclose how many people were being laid off.