Jet engine maker says jobs lost to weak economic and business conditions.
May 25, 2012
by The Canadian Press
EAST HARTFORD, Conn.: Jet engine maker Pratt & Whitney is cutting 300 salaried jobs in the US, including 200 in Connecticut.
The Connecticut-based subsidiary of United Technologies Corp. said the cuts come as it tries to keep staffing in line with business and economic conditions.
A company spokesman did not specify which jobs are being cut but the changes have no impact on Pratt & Whitney Canada.
Pratt & Whitney president David Hess said the unit’s sales are expected to double to US$24 billion by the end of the decade. But he said the company must get through a few years as the military shifts to new fighter jets that require different engines.
High fuel costs and the weak economic recovery also are pressuring airline customers.