SEPTEMBER 15, 2023 — 800 EMPLOYEES TARGETED COMPANYWIDE
Collins Aerospace has announced the company-wide layoff of 1% of its workforce, or 800 employees to align the company's cost structure with the ongoing aerospace recovery.
FEBRUARY 4, 2023 — TWO WINSTON-SALEM, NORTH CAROLINA PLANT CLOSURES
The company is closing two of its Winston-Salem West Point facilities by June 30, 2023, and transferring operations to its other Winston-Salem locations and to a plant in Northern Ireland.
195 employees will be impacted.
According to a company statement, "Collins Aerospace is closing its Winston-Salem West Point facility and consolidating these operations into the existing Winston-Salem Fairchild and Kilkeel, Northern Ireland locations. This plan will right-size our operations for expected portfolio performance, keeping Collins competitive. This decision is difficult and we recognize its impact on our employees and their families. We are committed to ensuring our employees are treated respectfully and working with them closely throughout the transition."
APRIL 2, 2022 —NEW BERLIN PLANT CLOSURE
The company has announced the closure of its plant in New Berlin, Wisconsin. The closure will impact 90 employees with layoffs expected on May 27, 2022. It is believed that the decision was in response to declining business in a pandemic environment.
SEPTEMBER 3, 2021 — 37 LAYOFFS IN CEDAR RAPIDS, IOWA
Collins Aerospace’s Cedar Rapids, Iowa-based Mission Systems unit has announced the layoff of 37 employees. A company spokesperson noted, “Although the commercial aerospace market is improving, we have seen a decrease in military customer demand for some programs in Mission Systems.” The scheduled departure date is October 1, 2021.
AUGUST 6, 2021 — 65 LAYOFFS IN EVERETT, WASHINGTON
Collins Aerospace has announced the permanent layoff of 65 employees in its Everett Washington office.
JANUARY 26, 2021 — 1,500 ADDITIONAL EMPLOYEE LAYOFFS, 500 CONTRACTORS
Toby O'Brien, Raytheon’s Chief Financial Officer, noted in the 2020 Q4 earnings call, that “ we overdrove the cost reduction and cash conservation commitments we set early last year and we'll see continued benefits from those actions in 2021 and beyond.”
“Next, on the synergy front, excellent momentum there as we exceeded both our RTX and Collins targets in 2020 with a significant increase anticipated in 2021.”
“We also announced a number of other cost reductions that are more structural in nature. To start, we previously took the difficult action to reduce commercial headcount at Collins and Pratt by 15,000 and to eliminate 4000 contractor roles.”
“We have recently reduced commercial headcount at Collins by another 1500, bringing the total to 16500; and contractors by another 500 bringing the total to approximately 4500 contractors as we continue to position the business for strength as the industry recovers, reducing our total commercial aero headcount now by approximately 20%.”
In a separate statement, Collins Aerospace announced it is letting more people go due to the coronavirus pandemic due to the reduction in commercial aviation. The result is a second “Involuntary Separation Program for U.S. employees. These are difficult but necessary decisions to assure that our company is well-positioned for success when the industry recovers.”
DECEMBER 9, 2020 — 65 LAYOFFS IN DECORAH, IOWA AND BELLEVUE, WASHINGTON
The company has announced the layoffs of 36 employees in Bellevue, Washington, and 29 employees in Decorah, Iowa.
According to a company spokesperson, “The unprecedented impact of COVID-19 has significantly reduced production volumes in commercial aviation and caused us to align our business operations with current demand. Impacted employees will receive a separation payment, transition payment, and continuation of benefits, in addition to outplacement services to support impacted employees through the transition.”
The restrictions on commercial air travel and the closure of destination and hospitality facilities have a significant impact on Collins Aerospace’s revenues.
OCTOBER 27, 2020 — MAJOR PAIN AHEAD
CEO Greg Hayes used the company’s earnings call to announce that Raytheon Technologies is cutting 15,000 staff and 4,000 contractor positions, largely at the company’s Pratt & Whitney and Collins Aerospace divisions, due to decreased commercial aerospace sales from the COVID-19 pandemic.
AUGUST 12, 2020 — 72 LAYOFFS IN CEDAR RAPIDS, IOWA
The company has announced 72 layoffs at its Cedar Rapids, Iowa plant which serves the company’s commercial business functions.
A company spokesperson noted, “As difficult as this decision is, resizing our workforce is necessary for Collins to better align with future business demand in this evolving environment and to position the company for long-term success. Meanwhile, we will continue to maximize opportunities on the military and defense side of Collins, which remains strong.”
JULY 20, 2020 — Original Post…
Charlotte, North Carolina-based Collins Aerospace, a manufacturer and provider of equipment and services for commercial aircraft, has announced the relocation of their cooling equipment division from Anaheim, California to their Galley Inserts division located in Lenexa, Kansas.
The move will result in 200 layoffs as operations are transitioned, 155 employees starting August 21, 2020, and the remaining employees by April 20, 2021, when the facility is permanently closed.
A company spokesperson noted, "the shift is part of the company’s move to consolidate its North American Galley Inserts business to a single location to streamline operations. That involves moving the refrigeration products division at 3355 E. La Palma Ave. in Anaheim to Lenexa where its Beverage Maker Products division is located."
With much of the global commercial airline industry undergoing an unprecedented business disruption during the COVID-19 pandemic, many associated manufacturing activities are being curtailed to save costs and survive.
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?