The memo was sent this afternoon from Draper. Workforce reductions are coming. It’s now a FACT.
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Watch the security exchange commission web site for a filing, found the one from December...filed on Tuesday the 6th of December layoffs on Thursday. I'm guessing textron will repeat the pattern.
Go to your myeric and watch Ron Draper's video. It doesn't give specifics, but it sure doesn't sound good.
Its more than beech that wont have the chance to survive. The union will try their antics to get you riled up and p-ss-d off however hindsight 20/20 its the game of chess.
Yup it’s happening. Nothing Beech touches ever survive.
His video statement says more than the written.
Saying nothing
Team,
COVID-19 continues to have a significant impact on our lives and the lives of our customers. Throughout the past several months, we have continually monitored the global economy, flight activity and business confidence for insights into expected demand for our products and services as we all begin to emerge from the COVID-19 related shutdown. Unfortunately, we expect the economic uncertainties associated with our customers' emergence from the pandemic will unfavorably affect demand for products and services.
We knew we were facing a big challenge due to COVID-19. We responded by making some extremely hard workforce and business decisions that included furloughs, reduced work weeks and streamlining costs. While these actions were difficult, they allowed us more time to fully assess the future demand of our products and the continued impact of COVID-19.
This is an unprecedented time for our business, our country and our world. We're all facing unusual challenges that we never could have expected. And while we all are experiencing a sense of uncertainty, we know you will remain focused on supporting our customers and delivering best-in-class aircraft and services.
Thank you for your dedication through this difficult time,
Ron Draper
President and CEO
Literally announce 6/11/2020
Panic!!!!! Doom!!!! Layoffs!!!! Give me break people been posting that warn. Notices are coming this week for a month now. Settle down
Ron Draper's video statement was posted on the Eric page & was also sent out in company email.
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Let’s see a copy of the memo or it didn’t happen!!