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Bell cutting 315 jobs, mostly in Fort Worth, Tex.

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.


Read more here: http://www.star-telegram.com/news/business/article16171445.html#storylink=cpy


March 25, 2015
By The Star Telegram

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

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