All of this cost cutting and all of these layoffs, yet getting the stock removed from the DJIA is all that was achieved. Gotta love it!
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Does it really matter what occurs in the long run with the stock and how "upper management" reacts. They are already wealthy past the point of ridiculous. What does matter are the thousands thst are getting prepared to be laid off. The mind games they have been playing with us since the merger and the ethical implications of it all. We know upper management doest care about the employees it is the profit margin and overhead there after.
I agree with @1woj+16BRyUCe. However, I can't help but be amused on how it may take a hit in the Raytheon Corporate Ego.
You fool, RTX was booted because of Apple’s stock split. Larger tech companies moved in, Pfizer and Exxon got the boot too.