Cessna Aircraft told employees this morning that more job cuts are coming as the company experiences more order cancellations and deferrals.
Cessna has revised its production schedules for 2009 and for 2010, said Cessna spokesman Bob Stangarone.
The company also is planning a two-week company-wide shutdown that will run from July 6 through July 17, Stangarone said.
“We continue to see a slowdown, (and) financing continues to be a problem for many customers,” Stangarone said. “As a result, there continues to be a reduction in demand.”