Thread regarding Raytheon Co. layoffs

Greg Hayes: “I expect there will be further reductions ...,”

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 us.”

The focus of this article was on Collins Aerospace, but I suspect Pratt & Whitney will be affected as well.

https://www.thegazette.com/subject/news/business/more-furloughs-coming-for-collins-aerospace-20200511

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