Raytheon Technologies plans to cut more than 15,000 jobs at its corporate offices, jet engine-maker Pratt & Whitney, and aviation and military equipment manufacturer Collins Aerospace.
Chief Executive Officer Greg Hayes, said the cuts amount to administrative cost reductions of about 20 percent at Pratt & Whitney, based in East Hartford, Connecticut, and about 12 percent at Collins Aerospace, based in Charlotte, North Carolina.
Interested in Intellizence Layoffs, Downsizing, Furloughs Dataset?
Intellizence tracks the latest layoff, downsizing, employee termination, furlough announcements from multiple news and regulatory filings. Following is the highlight of a few major layoffs of the day. Available through API and Web platform.
Identify Emerging Opportunities & Risks