PHOENIX — About 9,500 Honeywell employees in Arizona will reportedly be asked to take one week off with no pay.
The Phoenix Business Journal reports the Phoenix-based company will be down to a “skeleton crew” between June 27 and July 3.
Scott Sayres, communications director for Phoenix-based Honeywell Aerospace, said the company is “implementing some short-term cost controls in light of the slower global economy and recent aerospace industry-wide market challenges and volatility as noted by many of our biggest customers.”
Despite asking employees to take the unpaid week off, Sayres said Honeywell is “confident” in its long-term growth.
This will not be the only week employees have been asked to take off with no pay. In November, employees were asked to take a week between Thanksgiving and Christmas.
Honeywell said slow economic growth and decreased funding from the Department of Defense as reasons for the November request.
Honeywell is one of the largest private employers in Arizona.
- Two Fry’s employees in Arizona help customer avoid SRP scam
- Feds say Phoenix workers saw highest wage growth over past year
- Neiman Marcus closing Last Call outlet at Tempe mall
- Arizona’s economy could lose $1.3B from DACA removal, report finds
- DACA repeal could have negative economic impact in Arizona