Thank you!
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The layoffs are across PW, Collins and RTX CORP.
I assume the numbers to come out of CORP would be relatively small and the bulk would come from PW and Collins. Since Collins headcount is 2X PW (38K vs 78K) maybe the ratio of personnel affected will be similar. If that’s roughly accurate, then that would mean something like 5K total from PW, some of which has happened in the RTX 8500 already let go year to date. Just a guess, I have no special inside info.
Where’s that 7700 coming from?
Correct. Expect around 7,700 people to be laid off by October 15 from PW.
Right but the 8500 have already been let go, not still to come.
Yes 15k total