Thread regarding Raytheon Co. layoffs

RTX Leadership = Law + MBA minus the Accountant

Post from TheLayoff.com

https://www.defensenews.com/industry/2023/12/21/rtx-shake-up-signals-a-shift-from-change-to-steadiness-analysts-say/?utm_source=linkedin&utm_medium=social&utm_campaign=dfn-rss-zap

Interesting, the problem is all these plans were concocted prior to COVID. Thus standard MBA training does not work here.

Mixing the engine with Electronics is just bad. Has absolutely no technical synergy. It is only to subsidies the expensive engineer R&D by cutting the lucrative R&D from electronics products

RTX needs to stabilize the flux that was created by all the merging, reduce cost, layoff, CUT R&D, cross platform alignment, where good people, who quietly carry the load have lost faith , and left; all driven by excel financial engineering.

The new RTX culture, will invigorate Business/finance trained program managers, who are risk averse, with myopic quarterly vision, and they will push out 'THE" engineers who built and bring new products.

Sorry to see a great company go down!

by
| 1932 views | | 3 replies (last December 29, 2023) | Reply
Post ID: @OP+1qfdvj4c

3 replies (most recent on top)

I’m in Fort Wayne and things seems to be getting worse for employees. Not sure if it is site specific.

by
| | Reply
Post ID: @4kwp+1qfdvj4c

I work at Raytheon aka RTX aka Collins Aerospace (name changes every 6 months) here in Florida. Moral is so low ppl leaving to go to other companies that pay way more. I’m looking elsewhere got a new manager that wants to change things nobody is happy about that. He’s an outsider too😠

by
| | Reply
Post ID: @4mde+1qfdvj4c

Best avoided for those with options, those with talent.

by
| | Reply
Post ID: @2fjv+1qfdvj4c

Post a reply

: