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Pratt & Whitney Raytheon Parent Company Announces New Layoffs | news

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Pratt & Whitney Raytheon Parent Company Announces New Layoffs |  news

(WFSB) – Raytheon, parent company of Pratt & Whitney, announced that its layoff plans are deepening.

Back in July, the company announced it was cutting more than 8,000 jobs.

On Wednesday, the company said the number had risen to 15,000.

Raytheon has yet to provide details on where the job cuts will occur and whether any Connecticut employees will be affected, as both Pratt & Whitney and Collins Aerospace have offices in other parts of the country.

CEO Greg Hayes said in a statement, “I would tell you that the commercial aviation team has emerged from this crisis and this year they are seeking $ 2 billion in cost savings and $ 4 billion in cash savings. These measures include the reduction of more than 15,000 positions in our commercial aerospace and corporate organizations. This reduction is almost double the previous estimate of about 8,500 people we gave you in July. And we haven’t finished looking for further ways to reduce structural costs across all of our companies. ”

Airports are empty, and this is taking its toll on aircraft companies.

“Traveling by air can take a long time until people have the trust, faith and confidence that they can travel safely,” said Brian Marks of the University of New Haven.

University of New Haven economics professor Brian Marks predicts that the impact on aviation will only get worse.

“Raytheon’s announcement that commercial airlines may not be back in business until 2023 is not a surprise,” Marks said.

Channel 3 requested details on how many jobs in each sector will be cut, but Raytheon is not sharing this information.

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Both Pratt & Whitney and Collins Aerospace have offices across the country, so the full impact on Connecticut is still a mystery.

The news came just days after Raytheon was awarded a $ 579 million contract from the Department of Defense. Experts say the defense side of the business is decoupled from the commercial side, so the injection of money would not prevent layoffs.

Copyright 2020 WFSB (Meredith Corporation). All rights reserved.

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Economy

Roaming stays free in Europe for another 10 years and brings improvements

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roaming europa 2032 chamadas mensagens

One of the most important changes that have taken place in recent years in the field of telecommunications has been the abandonment of roaming in Europe. This scenario ensures that we can be located in any country in the European Union without paying extra for a single call.

The guarantee of the success of this process is its use from the moment of its implementation. Now it has been updated and is guaranteed for another 10 years with some new features and improvements that make it even more attractive and useful for users.


The new roaming regime in the European Union (EU) came into effect on Friday. This will allow people on the go to make phone calls, send messages and surf the Internet at no extra charge.

New Roaming rules, which entered into force on July 1, applies to the EU countries, as well as the European Economic Area, which includes Iceland, Liechtenstein and Norway. This is until 2032 limiting the cost of using mobile phones while roaming in Europe.

The new rules set a limit of two euros per gigabyte (GB) for data services this year, which will drop to 1.8 euros (euros)/GB in 2023. This value will continue to fall to 1 EUR/GB in 2027 for wholesale. rates.

roaming europe 2032 calls messages

In addition to this service definition, there are also some important changes. Operators offering mobile services must guarantee consumers access to 4G or 5G networks when available in the country in which they are traveling.

For voice services the limits are 0.022 EUR/minute in 2022-2024 and 0.019 EUR/minute from 2025, while for messages (SMS) the maximum value is 0.004 EUR/SMS in 2022-2024 and 0.003 EUR/SMS from 2025 . .

It is with these rules that users will be able to visit any country in the European Union and receive prices that are practiced in their country of origin. These new rules will be in effect until 2032, guaranteeing this scenario without any restrictions.

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Inflation in Portugal for the first time since 2017 exceeded the European one. Tourism is to blame – ECO

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Inflation in Portugal for the first time since 2017 exceeded the European one.  Tourism is to blame - ECO





Inflation in Portugal for the first time since 2017 exceeded the European one. Tourism is to blame – ECO
































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Economy

Airbus announces major order of nearly 300 aircraft for four Chinese airlines

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Airbus announces major order of nearly 300 aircraft for four Chinese airlines

European manufacturer Airbus has just announced a massive order for nearly 300 aircraft for Chinese airlines.


The official statement from the manufacturer says that an agreement has been signed with Air China, China Eastern, China Southern and Shenzhen Airlines for 292 aircraft of the A320 family, which includes A319, A320 and A321. This is the first major purchase made by Chinese companies since the outbreak of the pandemic, which had its initial epicenter in the Asian country.

It is not specified how many units of each model and how the division between the companies will occur, but it is expected that all of these will be variants of the Neo with the new engine that are already working in the mentioned companies.

Airbus currently dominates China’s single-aisle commercial aircraft market, despite Boeing having a larger presence given the larger number of twin-aisle aircraft.

In turn, the country has 2,070 aircraft of a European manufacturer, in addition to the plant in Tianjin, where aircraft of the A320 family are assembled, and there is also a finishing line for the A330 family. Another Airbus presence is the helicopter division with an assembly line for the H135 in Qingdao.


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