Honeywell (HON)

Honeywell Aerospace officials said that the 265-person layoff reported to the state of Arizona stems from work being shifted from Phoenix to locations in Mexico and Czech Republic.
Honeywell spokesman Bill Reavis the action is part of a 700-postion shift of aerospace positions from Phoenix to Chihuahua, Mexico, and Olomouc, Czech Republic.

Jan 1 · 2:43:00 PM · Source: MSN Money
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by Michael Oliveto