United Technologies' Sikorsky Aircraft says it is cutting 1,400 jobs over the next 12 months, some 9.2% of its global workforce of 15,200 people, amid declining demand for helicopters to shuttle workers to offshore oil platforms. Employee and contract positions will be eliminated in Connecticut, Pennsylvania and Poland, and the company also will consolidate some manufacturing operations. Sikorsky says the cuts are not related to a review by UTX of whether to sell, spin off or divest the helicopter manufacturer; a decision is expected to be announced in about a month.
Job cuts at Sikorsky
United Technologies' Sikorsky Aircraft says it is cutting 1,400 jobs over the next 12 months, some 9.2% of its global workforce of 15,200 people, amid declining demand for helicopters to shuttle workers to offshore oil platforms. Employee and contract positions will be eliminated in Connecticut, Pennsylvania and Poland, and the company also will consolidate some manufacturing operations. Sikorsky says the cuts are not related to a review by UTX of whether to sell, spin off or divest the helicopter manufacturer; a decision is expected to be announced in about a month.