Layoffs continue at major OEMs
In December last year, aircraft manufacturer Gulfstream Aerospace laid off “a number of contract employees” and advised that at the end of the first quarte

In December last year, aircraft manufacturer Gulfstream Aerospace laid off “a number of contract employees” and advised that at the end of the first quarter 2009 it would consider the possibility of full-time employee layoffs. Two months into this year, parent company General Dynamics announced a reduction in force that comprises 1,200 workers, including approximately 600 contract personnel.

The decision, said General Dynamics in a statement, is “a result of deterioration of the [aircraft] backlog, particularly during the month of February, and continued weak demand [that has made it] necessary to cut large-cabin aircraft production and green-aircraft deliveries from a projected 94 to 73 business jets in 2009.”