Raytheon Plans 15,000 Commercial Aerospace Job Cuts
Collins Aerospace and Pratt & Whitney are are facing many of the 15,000 cuts that Raytheon is planning for its commercial aerospace and corporate groups.

Raytheon Technologies is eliminating 15,000 positions across its commercial aerospace and corporate organizations, including at Pratt & Whitney and Collins Aerospace, to strengthen the company as it navigates through the Covid-19 pandemic, Raytheon Technologies CEO Greg Hayes told investors recently. The tally is nearly double the original estimate the company had detailed in July. While Hayes said the company is looking to further ways to reduce costs of all its businesses, he was optimistic about the balance between commercial and defense during this time.


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