Raytheon is laying off over fifty people from the Orlando facility. I know nobody is surprised by this since we all know that no contract with Army equals no jobs.
I just wonder if we'll see more of a ripple effect from this or if it will stop here (which is very doubtful in my opinion.)
There were many valueless mediocrities in management at Raytheon Waterloo who simply sat in glass booth-like offices doing nothing. The core radar product line was left to die on the vine and was eclipsed by the competition.
I have been offered the vlo and am trying to think if this is how I want to end my career I love raytheon and wanted to work there another ten years. That doesn’t seem possible so I will sign the form sent to me . Icouldnot fault raytheon for anydeceision they have made they have treated me more than fair and I thank them
The Raytheon plant in Waterloo, Ontario was closed for good late last year after producing radar systems since the late 1950s. It had been in decline for many years, so this was not surprise to any thinking person.
Looks like Raytheon's continued purge of age 50+ employees continues
Apparently they are doing the "retirement incentive" thing here in San Diego-over 50 and with the company-"out de do'..." or so says a friend of a friend...but they're usually a reliable source.