Reply #38: Honeywell plans to cut jobs in U.S. Thousands to be added in low-wage [View All]

[54anickel]

countries.

http://www.azcentral.com/arizonarepublic/business/articles/1208honeywell08.html

TRENTON, N.J. - High-tech manufacturer Honeywell International is planning to cut some U.S. jobs in its key aerospace division while adding thousands of jobs in low-wage countries, according to internal documents obtained Tuesday by the Associated Press.

The Morris Township-based company said it plans to add jobs in "high-growth regions," while keeping flat its aerospace division employment in U.S. and other Western markets.

snip>

Company spokesman Robert Ferris described documents released by a workers union that imply major plans to move production offshore as inaccurate, though he would not elaborate.

"Our five-year growth plan for our aerospace business anticipates employment to remain flat in the United States and in other Western markets, while expanding in high-growth regions," he said in a statement.

snip>

The documents, three graphics outlining the company's five-year strategy for its avionics division - all marked "Honeywell Confidential," were found by a Honeywell employee after a management meeting at a Honeywell site in Arizona, according to Marcus Courtney, president of the Seattle-based Washington Alliance of Technology Workers.

more...

Whoops, someone let the cat outta the bag