Found out that some upper level UTC folks came through our shop recently. ( I know we are all RTX now but it was only a matter of time before some legacy UTC big wigs came through). They said our building and processes are 15-20 years behind the... — read more
Topics regarding layoffs at Raytheon Co.
Raytheon Technologies is cutting as many as 450 jobs in Connecticut this week amid the continuing slump in air travel, the majority of them at its Pratt & Whitney facility in East Hartford that sells jet engines. A Pratt & Whitney spokesperson... — read more
For those legit people on here, go to RTN Broadcast, search for “Q&A with Greg Hayes and the BU presidents” published on September 22. About seven minutes in, Greg says that the layoffs are pretty much done and the communications are... — read more
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
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
Several posts today on the The Layoff's P&W page about people getting let go via. Zoom meetings with HR, effectively immediately.
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
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
Who is safe and who is not?
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.
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
I heard from Pratt Whitney 17-20% reduction by years end. So they have to give notice.
Ratheon in Riverside just laid off 90 union employee's.
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!
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
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
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
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...
Confirmed via email from Steve Timm this morning.
What’s it looking like?
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
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
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
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
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
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
If you had all power available, how would you fix Raytheon?
We can all see that UTC is taking over legacy Raytheon. It was a buyout not a merger of equals. Lies.
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
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
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
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
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
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
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
it's happening. stay safe.
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.