STRATFORD, Conn. (WTNH) — Stratford based Sikorsky Aircraft announced Tuesday it would cut 1,400 jobs over the next twelve months.
Sikorsky will consolidate facilities due to a drop in production volumes and lower investments in offshore oil projects. Sikorsky, a division of United Technologies Corporation, has locations on five continents, including thirteen facilities in the United States.
Paul Jackson, Director of Communications for Sikorsky, issued the following statement midday Tuesday.
Sustained decreases in oil prices continue to drive significant declines in capital investments by oil companies in offshore oil exploration projects impacting Sikorsky and resulting in reduced production levels. Additionally, Sikorsky continues to experience softness in demand for certain international military products.
As a result, we informed employees today of a global workforce reduction of approximately 1,400 production-related positions, which includes a mix of employees and contractors. These actions affect Sikorsky’s facilities in Poland, Pennsylvania and Connecticut and will take place over the next twelve months starting immediately. As part of this activity, the company will vacate smaller satellite facilities and consolidate remaining production volume into larger campuses in Poland, Pennsylvania, and Connecticut to include exiting its current facility in Bridgeport, Connecticut, and relocating employees to the Stratford, Connecticut facility. It is important to note that none of these announced layoffs are a result of the facility consolidation.
We will work closely with the impacted employees to ease the transition, and with all our employees, customers and suppliers to ensure continued delivery on all our business commitments.
News 8 will post additional details to this story as soon as they become available.