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Raytheon; Weekly News Roundup:
Raytheon (NYSE:RTN) has announced that it is cutting 60 positions from its operations in Fort Wayne.
David Desilets, a spokesman at Raytheon (NYSE:RTN) said that, “Of the 60 layoffs, 25 of those people volunteered to leave the company. The layoffs will bring the number of Raytheon workers in Fort Wayne from 1,100 to 1,040. Efforts are underway to help those affected find other work elsewhere or other positions within the company. Laid-off workers will receive severance packages based on years of service.”
Read more: www.stocksandshares.tv