Raytheon Cuts 8,000 Jobs

August 5th, 2020 | Leave a comment.

Due to the adverse impact of COVID-19 on the aviation business, Raytheon Technologies Corp, cut about 8,000 jobs in its commercial aviation business, as reported by Bloomberg News. In a conference call on July 28 with analysts, CEO Greg Hays said that the impact of the virus was “ a lot worse” than was originally projected, […]

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