WICHITA, Kansas -- Hawker Beechcraft announced Friday that 150 hour and non-hourly employees received 60 day WARN notices.
Last week, the company filed Chapter 11 Bankruptcy protection.
Officials say the company remains in compliance with the employment levels set in the agreement with the State of Kansas.
Here is the letter released to employees:
Fellow Hawker Beechcraft Employees:
As we continue the process of balancing our production levels to market demand, we face the difficult task of making additional changes to previously planned schedules and resizing our work force.
Today, we are announcing a reduction in force that will impact approximately 150 hourly and non-hourly employees in several areas of the Operations organization on HBC’s Wichita campus. Affected employees are receiving a 60-day Worker Adjustment and Retraining Notification (WARN) today.
We want to emphasize that although this decision to issue WARN notices comes one week after the company filing for Chapter 11 protection, the need for these reductions is driven by market conditions and the need to adjust production schedules, not by the filing itself.
In operating our business in the normal course, we must continue to be good stewards of our cash and balance our production rate with the challenging and rapidly changing environment we continue to face. We will initiate reductions in force to match product demand and implement furloughs as appropriate to ensure that our manufacturing operations are matched to material availability.
While this announcement may cause a distraction, we encourage you to remain focused on your jobs as we carry on our effort to become a smaller, more agile company that will remain competitive in the future.
We will continue communicating with you regarding any news affecting the company and our employees.
Sincerely,
Steve Miller, CEO
Bill Boisture, Chairman
http://www.ksn.com
Last week, the company filed Chapter 11 Bankruptcy protection.
Officials say the company remains in compliance with the employment levels set in the agreement with the State of Kansas.
Here is the letter released to employees:
Fellow Hawker Beechcraft Employees:
As we continue the process of balancing our production levels to market demand, we face the difficult task of making additional changes to previously planned schedules and resizing our work force.
Today, we are announcing a reduction in force that will impact approximately 150 hourly and non-hourly employees in several areas of the Operations organization on HBC’s Wichita campus. Affected employees are receiving a 60-day Worker Adjustment and Retraining Notification (WARN) today.
We want to emphasize that although this decision to issue WARN notices comes one week after the company filing for Chapter 11 protection, the need for these reductions is driven by market conditions and the need to adjust production schedules, not by the filing itself.
In operating our business in the normal course, we must continue to be good stewards of our cash and balance our production rate with the challenging and rapidly changing environment we continue to face. We will initiate reductions in force to match product demand and implement furloughs as appropriate to ensure that our manufacturing operations are matched to material availability.
While this announcement may cause a distraction, we encourage you to remain focused on your jobs as we carry on our effort to become a smaller, more agile company that will remain competitive in the future.
We will continue communicating with you regarding any news affecting the company and our employees.
Sincerely,
Steve Miller, CEO
Bill Boisture, Chairman
http://www.ksn.com
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