200 Salaried Job Cuts At Pratt In State, 400 Company-Wide

Another round of job cuts at Pratt and Whitney,  as  the company  announces a restructuring of the salaried workforce.

In a statement today, Pratt says the change affects about 400 jobs, effective immediately, with roughly 200 of those in Connecticut.   All are described as salaried positions, but the specific job descriptions or locations were not given.

The move comes on the heels of a voluntary separation program earlier this year. Pratt says it’s pleased with the number who chose to accept that package,  but says further reductions are necessary.  575 workers accepted the voluntary separation package,  most of them last month,  Those in this latest round will receive severance packages,  outplacement, continuation of group insurance, and other benefits.

The company called its long-term outlook “very bright,” but went on to say in the statement that to secure that bright future, it’s necessary to address what it called “near-term challenges.”


Leave a Reply

Fill in your details below or click an icon to log in:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Connecticut

The Latest UConn News
CT Business Spotlight

Listen Live