More aerospace firms jettison jobs; further pain if pandemic drags on

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ENGINE maker Pratt & Whitney (P&W) and plane-maker Boeing are the latest among the aerospace firms which have cut jobs in Singapore, with some analysts saying that the aerospace sector may need to brace for more pain if the pandemic drags on. Read more at The Business Times.

P&W companies that are unionised under SISEU include Turbine Overhaul Services, Pratt & Whitney Component Solutions, P&W NFPG Manufacturing Company Singapore and Component Aerospace Singapore.

The US planemaker employs over 300 people in Singapore across different units, which includes its corporate office, pilot training centre and parts distribution business. Some companies may go the route of salary cuts instead of outright lay-offs or a combination of the two to mitigate the fall-out, he added.

Prof Fan said companies should be creative and consider deploying their talent in different or adjacent industries."If they're engineers, think of them as engineers. We need to think about capabilities."

 

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