Raytheon Technologies is struggling to fill 13,000 job openings as labor shortages compound the disruption from supplier shortfalls, CEO Greg Hayes told a Morgan Stanley conference on Wednesday.
- Company has already hired 23,000 workers this year
- Has lost 15,000 to attrition
- Annual sales expected to be at the lower end of forecast range due to supplier strains
- Sees structural casting shortages crimping engine production through year end
- Microelectronic chip shortages likely to linger through mid-2023
- Predicts Airbus will produce A320neo at 65-jet monthly rate in 2025, below the planemaker’s target
- Sees Boeing making the 737 Max at a range of ...
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