Thread regarding Collins Aerospace layoffs

The future is still uncertain

Collins is not actively laying off. That said, the future is still uncertain. As of now, the leaders are hoping for high attrition over the next quarter with no backfills. With merit for next year still questionable and more furloughs almost certain for next year, I’d put money on higher attrition around the holidays and Q1 2021. If attrition is slower than expected, I’d expect another round of layoffs in Nov or Dec.

A really good point made by @1drt+17pBum1h. Bumped to the top.

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https://www.defensenews.com/2020/10/27/raytheon-to-lay-off-20000-amid-commercial-aviation-slide/

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