The largest employer in Southern Arizona has cut more than 200 City of Tucson jobs.
Raytheon Missile Systems recently announced that it has laid off about 225 employees, or 1.9 percent of full-time payroll, in the company's first round of massive job cuts since 2002. The company said the cuts are the result of a periodic realignment of resources.
"To better align our workforce to meet current and future business requirements, and achieve the right mix of talent to remain competitive in the marketplace, Raytheon Missile Systems is reducing staffing levels," Spokesperson John Patterson told the Arizona Daily Star.
About half of Raytheon's employees in Tucson are salaried engineers who earn $80,000 per year, although the company would not specifically discuss the job descriptions of the laid-off workers or the specific departments affected by the job cuts.
Employees who are affected by the layoffs will be offered severance benefits and outplacement (Visit http://outplacing.com to learn more about outplacement) help.
Raytheon, which is the largest missile maker in the world, added hundreds of jobs during the past few years. However, the company recently had to cancel three major programs because of budget cuts to the national defense program.
Those cuts caused Raytheon to get rid of its Exoatmospheric Kill Vehicle, a non-explosive warhead used in ground-based missile interceptors; Multiple Kill Vehicle, an effort to develop multiple warheads for missile interceptors; and Mid-Range Munition program, an effort to develop a precision-guided projective for tanks.
Check out this employment and career video production from Raytheon:
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