17 December 2010
Piper Aircraft has announced that it is to lay off 12 employees as a result of the company trying to match employment numbers with anticipated production demand. The affected workers will continue to be paid over the holiday season.
Executive Vice President, Randy Groom, said, “It was a difficult decision,” adding, however, that it was one he thought was right for the remaining employees and for the long-term success of the company.
Groom added that while he had thought there might be an increase in GA aircraft sales in 2011, the opposite may now be true, and that instead it might be a low point for the industry.
The latest layoffs follow 60 layoffs of Piper staff in September 2010. <a href=”http://www.piper.com”>Click here for more</a>
