LayoffsFeb 7
NewDdBH21
Word is that Raytheon is letting go 1800
What company is next?
Insanity. BAH has also been doing Silent Layoffs too for the last year. Make it make sense.
According to this article you’re right. https://zacjohnson.com/raytheon-layoffs/?amp=1
Raytheon corporate debt as of September: 36.78 billion. The debt will have to be refinanced at higher rates, and the easiest way to save tons of money is with layoffs.
Apocalypse Now End of Days Game Over 🍄☁️
Isn’t there a war?
Not enough apparently
Wife used to work for defense. She said that the money is in the buildup. During a war, no one is making purchases 10 years down the line, so the big purchases with a lot of lead time suffer - and that's where companies like Raytheon make a good chunk of money.