Cirrus Reduces Employment Rolls by 8 Percent
Citing lower-than-expected sales, Cirrus Design has eliminated more than 100 jobs at its Duluth, Minnesota, and Grand Forks, North Dakota, locations. The company expects to freeze production rates at 14 aircraft per week. The slumping U.S. economy is at the core of the slowdown, with international sales of Cirrus aircraft up by some 20 percent. […]