Poor Leadership Decisions Continue - Senior Principal Engineer Raytheon Employee Review

Since the merger, poor leadership decisions continue. With the merger Raytheon inherited millions of dollars of debt from acquired Pratt & Whitney forcing stock prices down. For some time Raytheon has been on a hiring binge and now has a standing army of hundreds of new grads awaiting assignment and charging company overhead. To avoid the overhead drain of millions of dollars a day, recently management decided to "engineering right size" by replacing senior, experienced engineers on programs with new grad engineers with no real world experience - unbelievable.