Location: Fort Worth, Texas, USA.
Based on news reporting.
Bell Textron, a subsidiary of Textron Inc., has laid off 285 employees as it faces mounting pressures related to the transition of its MV-75 program. The layoffs occurred in Fort Worth, Texas, and are part of the company's efforts to streamline operations amid challenges in the aerospace sector. The decision reflects the ongoing adjustments within the company as it navigates the complexities of the MV-75 project. This move underscores the impact of market conditions on workforce decisions within Textron's divisions.
Textron Inc. cut 285 jobs as of October 1, 2023.
That is roughly 0.8% of the 35,000 people Textron Inc. employs.
LayoffTalk has tracked 7 layoff events at Textron Inc. since April 2023, affecting a combined 985 employees.
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