Looking at 2023, Collins wants employees to pay 50% of their healthcare cost and 100% of the dependent care. Major changes coming quickly.
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Raytheon wants to follow the Honeywell footprint = No employer contributions for healthcare effective 2024. This one will hurt.
These rumors are pretty entertaining. Keep going. Collins is selling all building but one in Windsor locks. Keep ‘em coming
Could you provide a source to what you say about Raytheon phasing out Collins Aerospace?
Raytheon reported that they will phase-out Collins Aerospace through consolidation and heavy employee reductions starting in early 2022. Office space reductions include a large portion of the interior business will be shifted to Mexico. Raytheon reported that Collins will be integrated where possible with a estimated footprint of as much as a 75% reduction.
As a resident of a civilised, first world country, whose employer was unfortunately bought by Goodrich and now part of the disfunctional Collins family, I'm always bemused by these complaints about health care from over the ocean.
Rumor also has it, no new hiring in 2023-2024, temporary placement only in order for a business to optimize profits.