Disir
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Hayes says the cuts will be connected to the company’s commercial aerospace businesses. Hayes cites plunging demand in commercial aircraft orders due to the COVID-19 pandemic as the primary reason for the cuts.
The job cuts will impact two Raytheon subsidiary companies: Pratt & Whitney and Collins Aerospace.
Pratt & Whitney, which manufactures engine components for aircraft, will see its workforce reduced by 20 percent.
Collins Aerospace will see a 12 percent reduction in force.
www.waff.com
It looks like Huntsville, Madison and Tucson are taking a hit.
And there is no expectation that it will return to normal until 2023.
www.kold.com
The job cuts will impact two Raytheon subsidiary companies: Pratt & Whitney and Collins Aerospace.
Pratt & Whitney, which manufactures engine components for aircraft, will see its workforce reduced by 20 percent.
Collins Aerospace will see a 12 percent reduction in force.
Raytheon Technologies to cut 15,000 jobs
Raytheon Technologies plans to cut 15,000 jobs across its subsidiary companies. Raytheon President & CEO Greg Hayes announced the reductions in a reporting call to shareholders Friday.
www.waff.com
It looks like Huntsville, Madison and Tucson are taking a hit.
And there is no expectation that it will return to normal until 2023.
Raytheon to cut 15,000 jobs in commercial aerospace
Layoffs are result of less commercial air travel since the pandemic.
www.kold.com
