Sikorsky cuts 200 salaried jobs, citing global economy, weak commercial helicopter market

By AP
Saturday, October 2, 2010

Sikorsky cuts 200 jobs, citing commercial slump

STRATFORD, Conn. — Sikorsky Aircraft says it’s cutting 1 percent of its global workforce, citing ongoing problems with the global economy and a slump in the market for commercial helicopters.

The maker of commercial and military helicopters said in a brief statement Friday the layoffs affect salaried workers only. Stratford, Conn.-based Sikorsky isn’t specifying the number of layoffs or saying where the cuts are being made, but a 1 percent reduction amounts to about 200 layoffs out of more than 20,000 employees worldwide.

The company is a subsidiary of United Technologies Corp., which reported in July that second-quarter revenue soared nearly 22 percent at Sikorsky due to strong miliary business.

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