News is reaching me tonight that UTC may have embarked on some job rationalisation .
The giant American Multi National, United Technologies Company I hear is to axe 60 jobs.
This information if it is true will bring concerns to the City, following the recent dire news about American Company Goodyear’s which has announced closure of their factory Wolverhampton factory recently.
Headquartered in Charlotte, N.C., UTC Aerospace Systems has approximately 150 sites operating in 26 countries, with 50 percent of these sites located outside the United States.
I will be keeping my fingers crossed that this information is a benign situation, and one that will not deepen over the coming months.