Wednesday, April 29, 2009

Textron to reduce global work force by 20 pct - Yahoo! Finance

Textron to reduce global work force by 20 pct

Donna Borak, AP Business Writer
On Wednesday April 29, 2009, 10:43 am EDT

WASHINGTON (AP) -- A day after Textron Inc. reported a 63-percent drop in earnings, the company says it will expand job cuts, eliminating 8,300 jobs, or 20 percent, of its global work force as the recession continues to weaken demand for corporate planes.
http://finance.yahoo.com/news/Textron-to-reduce-global-work-apf-15069083.html

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