News
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.
In a
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
