United Technologies (UTX) Pratt & Whitney Division To Lay Off Hundreds

May 24, 2012 11:45 AM EDT
Reports United Technologies (NYSE: UTX) Pratt & Whitney division is laying off approximately 300 full time salaried employees, with about 200 in Connecticut.

A P&W spokesperson said the company continued to monitor staffing levels, to make sure they're in-line with current business demand levels.

Note - UTX has approx. 199,000 employees, with P&W at about 36,000 worldwide.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Trader Talk