Bell Helicopter cutting 320 jobs in Fort Worth, Amarillo
Bell Helicopter is laying off 320 employees, mostly in Fort Worth, as it continues to adjust to reduced levels of defense spending, particularly on its V-22 Osprey.
The job cuts include both union and non-union positions, including management. About 235 of the positions are in Fort Worth, where Bell has its headquarters and engineering operations. The other 95 job cuts come in Amarillo, where Bell assembles the V-22.
In a letter sent to employees today, Bell’s chief executive John Garrison said the company expects to see more cutbacks in the months ahead.
“We have and will see more reductions across the globe. Unfortunately in September, 36 employees from Mexico were let go, and later this year more than 200 employees will be impacted in Mirabel,” Garrison wrote, referring to its facility in Canada where it builds commercial helicopters.
Read more: http://www.star-telegram.com/2014/10/06/6177733/bell-helicopter-cutting-320-jobs.html
[font color=green]The Tea Party asked for cuts in spending, now that the sequester is in effect they might not like the outcome of their efforts.[/font]
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