Don't lull yourself into a false sense of security. It might not be today or next week, but we are due for a major cleanup. Too many overlapping jobs to last much longer. Realistically, it's really not sustainable long term either. I just wish that... — read more
Finance Layoffs
Does anyone know of upcoming layoffs in the finance org for RMD? There's alot of redundancy between legacy IDS and MS roles, and some of stuff they are rolling out is sketchy as f*ck. CAMs, are no longer on the hook for programs, the IPT/CPTs are... — read more
It Seems The Pratt Layoffs Have Finally Commenced
Several posts today on the The Layoff's P&W page about people getting let go via. Zoom meetings with HR, effectively immediately.
13 Things to Know
See below
bad company to work for
I worked at Collians, and the people in NC havnt a clue what they are doing. Lots of unnecessary OT, people in positions with nothing to do and mangers allowing employees to do nothing all day. The CEO Hayes will still get his big payday while the... — read more
Promo to corp or stay safe on programs?!
I currently work in RIS on a program. I was offered a promotion to work at corporate. I think I'm going to decline it because I'm too worried about potential lay offs at corporate. What would you do? They announced just yesterday 15,000 lay offs are... — read more
What kind of criteria are we using for layoffs?
Who is safe and who is not?
Raytheon 15k reductions
Connecticut facilities are getting more of a closer look for being put to the blade due to much higher costs relative to other locations capable of performing the same operations.
15k job cut this year, already underway
https://www.google.com/amp/s/www.courant.com/business/hc-biz-raytheon-job-cuts-20200916-h4xcvgtxnrdzrowyiuvepruv5y-story.html%3foutputType=amp 15k have been cut and are being cut in Collins, PW and RTX corporate. I suspect a lot of this is... — read more
Raytheon layoffs
I heard from Pratt Whitney 17-20% reduction by years end. So they have to give notice.
Layoffs today 8-27-20
Ratheon in Riverside just laid off 90 union employee's.
Welp, Dow Jones Gave RTX the Boot...
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!
Question about layoffs news and getting job offer in Raytheon Intelligence and Space division.
I applied for an Infrastructure Engineer position at RTX and after all the interviews, d–g test, background test, I got a job offer. Looking at the news of Mass layoff (8K layoffs by Raytheon, more layoff by the end of 2020), I'm in a little... — read more
UTC got lucky
Looks like UTC got lucky with the merger/purchase of Raytheon. With all the cuts at PW and Collins, it looks like the Raytheon part is what is keeping the new company afloat. Still dont understand why Kennedy decided to merge/sell Raytheon. They... — read more
Has anyone heard any details on timing and the extent of involuntary layoffs/separations at Pratt?
I've heard mostly rumors that it will happen this month (August) or next (September). I'm in the legal/contracts area and heard of a few terminations in legal at Collins but nothing thus far at PW. Curious if anyone has heard anything more... — read more
Rayteon Tech Cuts Deep - 8000 people laid off
8K Laid off, yep...This is a wide and deep series of cuts across different grops - this includes Intelligence & Space, Missles and Defense, P&W, Collins...
Merit cancelled and Involuntary Separation Confirmed
Confirmed via email from Steve Timm this morning.
Townhall is a load of c-ap read the news.
https://www.google.com/amp/s/www.courant.com/business/hc-biz-raytheon-second-quarter-20200728-jmul3ycj6fbfvojakmxt72kr4u-story.html%3foutputType=amp
Layoffs Connecticut
What’s it looking like?
Heads up, the layoffs are starting
https://www.google.com/amp/s/www.seattletimes.com/business/raytheon-sheds-8000-aerospace-jobs-amid-collapse-in-air-travel/%3famp=1 Collins will take a huge hit followed by Pratt and Whitney. Stay safe everyone
2021 Restructuring?
Over the course of this merger I have been keeping tabs on many small details that I believe point toward a major restructure in early 2021. This will be a long winded post but I would like input from anyone on their prerogative. Raytheon was... — read more
Severance?
Somebody else asked this in another thread and I'm going to join them: do we have any idea what kind of severance packages we are looking at? Considering the current situation, I wouldn't be surprised if they decided to save money by reducing... — read more
RE: Layoffs and Other "Cost-Cutting" Measures
I think most people know mass layoffs are coming. What's pissing everyone off is how they're dragging it out. Waiting until just before the holidays is a big f-you becaussle that's when other companies slow down and stop their hiring for the year (so... — read more
Pratt & Whitney - 2020 Merit Increase Cancelled; Voluntary Separation Package
The email ame from Chris Calio's office today. The package is available to all employees 55+ who have 5+ years of experience. Also, the 2020 raises that were deferred have now officially cancelled (as if we all didn't know that would happen)... — read more
6/21/20
Layoffs at the legacy SAS are happening quietly. I was unofficially told to expect notification next week. These layoffs have everything to do with the merger and your pay grade. In my department there are open reqs and I was told that I can not... — read more
Raytheon Fix
If you had all power available, how would you fix Raytheon?
It was not a “merger of equals”
We can all see that UTC is taking over legacy Raytheon. It was a buyout not a merger of equals. Lies.
Hmmm
Where did you hear Raytheon is tightening its belt "across the board?" My understanding is that legacy Raytheon still continues to hire for new positions and is not facing furloughs / pay cuts. Meanwhile, only SOME employees with Pratt &... — read more
Workers layoff, Executives payoff
Is this what my "deferred" merit increase is paying for? https://www.bloomberg.com/news/articles/2020-06-02/raytheon-leaders-get-merger-windfall-amid-furloughs-pay-cuts
Why is Raytheon tightening belt?
If Raytheon is primarily a defense contractor, like Lockheed, and government contracts have not yet been affected, why is Raytheon tightening its belt across the board? Are they simply anticipating a drop in revenue, or have they actually lost... — read more
Greg Hayes: “I expect there will be further reductions ...,”
In a call with invesotes, Greg Hayes said there woukd be more employee furlough coming down the pike. And although he's still stopping short of mentioning layoffs, he did say “There’s a lot of pain to come yet, a lot of tough decisions ahead of... — read more
Voluntary Separation details today at 1:05pm Collins Aerospace
Collins Aerospace team, As COVID-19 has swept across the world, its challenging effects have touched us all in many different and very personal ways. Every day we’re learning how to adjust to the profound changes around us. In addition to this... — read more
Questiona About Hiring Freeze and Hiring Process (legacy Raytheon)
I'm a legacy UTC employee (Pratt & Whitney) and since completion of the merger, I've applied for several positions with legacy Raytheon (specifically with the Intelligence & Space group). For 3 of them, the status changed to "Under Review" within 24... — read more
Accepting a job with Collins during pandemic
I have received a job offer from Collins Aerospace (now Under big Raytheon Tech umbrella). I am still presently employed by a large defense company that is not suffering from layoffs or pay cuts. However this job offer provides me with a better... — read more
raytheon technologies layoff
it's happening. stay safe.
Furloughs and Paycuts announced today
Message from Greg, for all RTX employees. 10% Paycuts, starting in June for Pratt and Whitney and Collins people. It's all temporary boy and girls. Stay safe out there.
Run while you can
The merger numbers at face value make no sense even with early or encouraged retirements. Just do a comparison to the reporting of other companies like Boeing and Lockheed you'll find current employee levels are not sustainable. RayTech could... — read more
Raytheon & United Technologies Merger IT Employment Concerns
I was recently given an offer at Raytheon for a position as a Senior Network Engineer at their El Segundo California office. I like the offer I received, however I have not accepted the offer yet. I am a bit hesitant to take the offer given the... — read more
Consolidated thread: Corona Virus & Raytheon
Where is this taking us? How will be the rest of the year.