The 2020 total annual compensation value for Mr. Hayes was $20,970,890 and for RTX’s global median employee was $108,914, resulting in a ratio of: 193:1 !!! With approximately 30% (!) of our employees located outside the United States, RTX... — read more
A previous thread talked about layoff rumors and that it would be starting in 3rd quarter of this year. We are in the 3rd quarter now. Any updated rumors, status, etc. Or was it just a joke?
Since this is a layoff page, can we get back to talking about layoffs? Anymore rumors or substance other than what was previously posted? Particularly interested in legacy RTN in So. Cal.
The longer you work at Raytheon, the less appreciated you are. In any other company, they would bend over backward to reward experience and great work, but not here. Here we are nothing but numbers. Once the number (pay) becomes too high for them, no... — read more
This is what you get when you have an executive willing to sell out to communists if it means they get a government contract. Do they actually believe this nonsense? No. They will do anything for a buck today even if it means a worse company and... — read more
Raytheon Technologies Corporation, the nation’s second-largest defense contractor, has launched an “anti-racism” program that promotes critical race theory, rejects the principle of “equality,” and instructs employees to “identify [their]... — read more
Productivity, quality, profitability: everything suffers from a lack of collaboration in this company. It may be my subjective impression, but never, over a long series of years, has collaboration between employees been worse. I don’t know why... — read more
Anyone notice how the majority of the new post for jobs require a bachelors of course they put in there work experience will count as education but I think they legally have to say that wha t do you guys think about that. And I hear that if you... — read more
Did anyone catch the article in the RTN home page about engineering being put in one building in Puerto Rico? I just want other peoples perspective on what they interpreted when they read it. Because to me it looks like they want the engineers from... — read more
Are RFID trackers really that necessary? What will be the benefits of RFID solutions for Raytheon? I am particularly interested in whether they will play a role in performance review and be used to decide layoffs in the future as someone mentioned... — read more
All of these indicate additional measures taken to reduce workforce and or reduce employees due to their actual work production. I can guess they’re putting new devices in the badges that track employees whereabouts on campus to see in fact they are... — read more
It used to mean something. When we were known for the quality of our products more than for the many layoffs that have become the norm lately. When age and experience that comes with it was an asset and not a detriment like it is today. Remember... — read more
So I guess the pist about layoffs at legacy RTN are false? There has been no information whatsoever, not even rumors. I guess the original poster just posted to start something.
Nearly all of my coworkers seem to be scared to death of layoffs all the time. As a result, I'm yet to hear somebody disagree with or stand up to their abusive manager or say no to an unreasonable request. Maybe I don't get it because I'm younger and... — read more
People just argue about whether there is truth in the rumor about layoffs or not... I visit this site sometimes out of pure curiosity, but in essence the predictions about layoffs mean nothing to me because even without them I know how ridiculous... — read more
Of course, this is illusory to expect. That’s impossible and for as long as I’ve been in this company, it’s never happened before that “leadership” takes responsibility for their bad moves. Someone noticed this well: there is always a problem with... — read more
Yes, the rumors are true, more massive layoffs coming. Poor Raytheon employees are treated like sheep as they have always been. They are supposed to publicly announce layoffs of this magnitude but management seems unwilling to reveal the truth. So... — read more
Yikes! 21,500 more layoffs?! Not supposed to know this. My boss is very scary.
It seems to me that once at least it was disguised, and now it is more and more obvious. My opinion is that there were never really equal opportunities for everyone here, but especially not now. It's become really awful. Of course everyone who is... — read more
Does this company provide the tools for new grads to excel in their position? I’m looking to get into a company that will provide excellent training and support when needed. Are employees treated rather well here and are promotions merit based? I... — read more
The old IDS only focused on Patriot-you see what has happened to the ex-president and cfo of IDS. WS completely missed hypersonics. The only good results are with RIS. The genesis of that technology is the El Segundo group-the heart of that is... — read more
Don’t get to comfortable here. Don’t believe the company has any interest in investing in employees. Put out feelers (what can it hurt?) and always look for that next job opening. But most of all be prepared for the unexpected. And no matter how... — read more
The recent sell a proposition to sell the majority of the complex and eL Segundo and a large portion of property located behind Pratt and Whitney in Hartford is a pretty solid indicator, in my opinion , that once those properties are sold off... — read more
The defense side of legacy Raytheon is doing great and is what is keeping the new company afloat. IF UTC did not purchase/merge with Raytheon they would probably be in trouble. The question is Raytheon was doing great by itself so why the merger? — read more
I wonder how the story of Raytheon's consideration of billion dollar sale of a services unit will develop further? Any thoughts? The unit, which provides training for the repair and maintenance of equipment, vehicles and machinery, is likely to... — read more
They built the engine on that Denver plane.
During a recent Collins executive call, a high ranking VP mentioned that they were tasked with looking closely at overhead/indirect labor for the rest of Q1. Sounds like another round of cuts will be coming in late Q1, early Q2. Yup, it looks... — read more
There were some cuts yesterday, are they all done? Will there be more this week?
Well, looks like we have our new chief transformation officer. I don't know much about Bainee Michael Dumais but his job description, which includes as one of the main points cost cuts, is enough to have me worried. We all know that the easiest ways... — read more
I think the number was around 20k, but it might be more.
I apologize upfront as this is not an Unemployment posting. But, it is an example on how aerospace companies change hands "frequently" The Danbury, CT Optics facility has changed hands several times: Perkin-Elmer ... — read more
So the company expects those being laid off “will be offered the opportunity to work for one of the contractors” taking over the project. It's not a guarantee, but for them it makes it all better. Leave it to Raytheon to try to negate layoffs by... — read more
Layoffs Impacting the Defense Industry. IBM, In advance of a split into two companies, IBM is reducing jobs across Europe with layoff numbers reported... — read more
If the market makes a turn soon, do you think there will be Raytheon Layoffs 2021? Any news or rumors?
Hearing it may be a possibility. Possible merger dissolution? Law suits for breach? Several class action suits currently, which will cripple UTC/RTX. UTC sues to recoup losses from subsidiaries, and then dissolution?
President of Collins sent out an email today saying more furloughs expected for next year, though not as much as this year. Employees will get Merit next year. Though I'd expect the furloughs to at least offset the Merit increases. Executives will be... — read more