Diamond Aircraft Cuts Jobs
Filed under: Wings
More bad news from another maker of small private planes. Canadian company Diamond Aircraft will be laying off more than one quarter of its employees in London, Ontario. The aircraft manufacturer says it is retrenching 180 employees out of a workforce of 684. The cuts reflect a change in production caused by a a decline in orders for Diamond's four-seater DA40, a plane which costs $260,000 to $340,000. The company has a steady stream of orders coming and is still working on getting the D-Jet, a single engine personal light jet, certified and into production.
Chili's Waitress Fired Over Facebook Post Insulting 'Stupid Cops'
Billboard Music Awards: Worst Dressed (or Most Daring?) From Past Red Carpets
HSBC Plans 14,000 More Job Cuts
Forbidden America: Cold War-Era Map Shows No-Go Zones For Soviet Tourists
Man Takes Dump In Background Of Instructional Workout Video
Tenants: Stench of Death Makes St. Louis Complex 'Unlivable'
Famous Roadside Attractions
Hands-on with the Samsung Galaxy S 4 running stock Android 4.2
Taylor Swift Q and A: What Does She Splurge on in Las Vegas?
Bill Gates regains title of world's richest person as Microsoft stock hits five-year high