Major US Defense Contractors Are About To Lose Thousands Of Employees Due To White House Vaccine Mandates

The Hill: Raytheon CEO expecting to lose 'several thousand people' due to vaccine mandate

U.S. aerospace and defense company Raytheon Technologies expects to lose "thousand of employees" due to its coronavirus vaccine mandates, according to CEO Greg Hayes, reports Reuters.

Hayes spoke with CNBC Tuesday and told the outlet that the company is developing a plan to replace the expected loss of unvaccinated workers, according to Reuters.

Reuters reports that the company of 125,000 has said it is going to comply with President Biden's vaccine mandate and insist all workers be fully vaccinated by mid-December, which the company views as a means to bolster business.

Read more ....

WNU Editor: Raytheon is not the only defense contractor being impacted .... Raytheon, GE grapple with losing employees over COVID-19 vaccine mandate (Boston Globe).

This is not only going to seriously disrupt supply chains, but it will raise the costs on everything that these contractors produce.

More News On Major US Defense Contractors About To Lose Thousands Of Employees Due To White House Vaccine Mandates

Raytheon warns of worker losses as companies impose vaccine mandate -- Reuters

Raytheon CEO warns company could lose 'several thousand' employees over vaccine mandate -- Washington Examiner

Biden's vaccine mandate will further disrupt supply chains, Raytheon CEO says -- CNN

Raytheon: Vaccine Mandate Will Likely Add to Supply Chain Disruptions -- Defense One

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