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United Tech To Slash Another 1,500 Jobs

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United TechnologiesFrom an NPR newsflash: United Technologies has plans to slash an additional 1,500 jobs by the end of 2011.  The Hartford-based parent company of Pratt & Whitney, Otis Elevator and Sikorsky Aircraft submitted a filing with regulators today stating it plans for restructuring and other costs related to the job eliminations.

Earlier this year, the company announced that it would cut 900 other positions as of June of this year.  In addition it shed some 11,600 jobs in 2009.  United has yet to indicate from which of its divisions or from which geographic regions the current round of sacks will come.

United Tech To Slash Another 1,500 Jobs by
Authored by: Harrison Barnes