Over 1,000 To Be Idled By Company Nationwide

Gulfstream will be idling about 1,100 regular and contract employees across all of its domestic locations, according to the company.

BusinessinSavannah.com reports that 600 contract workiers and 500 regular employees will be laid off, but did not say how those layoffs would be distributed around the country. The majority of the Gulfstream workforce is in Savannah and Brunswick in southeastern Georgia, where 11,450 are employed. The company has about 16,500 employees and contractors worldwide.

Gulfstream spokeswoman Heidi Fedak said in a statement that the layoffs are "part of Gulfstream’s normal, disciplined business practices to routinely evaluate our costs and workforce requirements. As a result of these evaluations, we are streamlining our business to position Gulfstream for continued success.”

Fedak said that normally all reductions in the workforce would come from contract employees, but in this case, there would be "modest" layoffs of the "indirect support staff ... employees who do not work directly on an aircraft and do not support those employees who work directly on an aircraft  ... throughout the business. These adjustments represent approximately 3 percent of our employees.”

Fedak said that the company was offering severance packages and extended benefits to eligible employees who were being let go.

(Image from file)

FMI: www.gulfstream.com