Cirrus axes 8 percent of its workforce - Philip Greenspun's Weblog

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Philip Greenspun's Weblog

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Cirrus axes 8 percent of its workforce

Saturday, September 06, 2008 --- 89 days ago

http://blogs.law.harvard.edu/philg/2008/09/05/cirrus-axes-8-percent-of-its-workf

Cirrus, maker of the popular SR20 and SR22 piston-powered four-seat airplanes, has been forced to lay off 8 percent of its workforce due to declining sales (full story). Thanks to low Avgas prices, some favorable federal tax treatment for airplane purchases after 9/11/2001, and an innovative product, it looked as though Cirrus would defy the [...] ...

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