Honeywell to endure another round of layoffs
Oct 21, 2016, 10:55 AM
(Google Maps Photo)
(Google Maps Photo)
PHOENIX — Honeywell, one of the largest employers in Arizona, will be laying off employees for the third time in the past year, a company representative confirmed Thursday.
Steven Brecken with Honeywell said the layoffs were happening because some aerospace sectors are still mired in a slowdown.
“We’re reducing a small number of positions mainly in our manufacturing and engineering areas to respond to current customer demand and align costs, while best positioning the business for the long-term,” he said in an email.
He did not say how many employees would be let go.
Brecken said the company will prioritize those who are willing to leave. It will also offer job placement services along with compensation and benefits to some.
Earlier this year, thousands of Honeywell employees were reportedly asked to take a week off with no pay.
Last year, the company made a similar request during the holiday season.
KTAR’s Lauren Grifo contributed to this report.
