Pratt & Whitney To Cut 300 U.S. Jobs

The Connecticut-based subsidiary of United Technologies Corp. says the cuts come as it tries to keep staffing in line with business and economic conditions. A company spokesman did not specify which jobs are being cut.

Pratt & Whitney President David Hess told reporters on May 2 that the unit's sales are expected to double to $24 billion by the end of the decade. But he said the company must get through a few years as the military shifts to new fighter jets that require different engines.

High fuel costs and the weak economic recovery also are pressuring airline customers.