Bell cutting 315 jobs, mostly in Fort Worth, Tex.
March 25, 2015 By The Star Telegram
March 25, 2015, Fort Worth, Tx. - Bell Helicopter is trimming 315 more jobs, most of them in Fort Worth, as it continues to adjust to reduced production of the V-22 Osprey.
The Fort Worth-based company said Tuesday that the reduction in force
will affect both management and nonmanagement, including some union
members. The company has also suspended all external hiring.
message to employees, President and CEO John L. Garrison attributed the
cuts to “significantly lower V-22 production, the reduced demand across
the global commercial rotorcraft industry and our customers’ continued
demand for cost concessions.”
Regarding the V-22, the company’s
largest single program, he said Bell is producing about 50 percent less
aircraft than a year ago as the military winds down its purchases of the
tiltrotor, which is assembled in Amarillo with parts produced in Fort
Worth. | READ MORE