Since the mid 1980s, aerospace and defense executives have identified the hiring of a diversity of people— gender, age, and ethnicity—as having a corporate value and contribution to success. Over the last five years, there has been measurable, though subtle, improvement.
Raytheon Technologies is on its way to cutting at least 15,000 employees in response to the company’s recent merger and the fallout from COVID-19, the aerospace and defense giant’s CEO told an investor conference, and likely more will occur.