Pratt & Whitney (UTX) is still assessing its legal obligations about notifying staff over...
Thursday, August 9, 2012, 5:40 AM ETPratt & Whitney (UTX) is still assessing its legal obligations about notifying staff over potential layoffs due to the automatic defense spending cuts that are due to hit in January. This is despite the Labor Dept saying that the circumstances are too uncertain for a law about a 60-day warning period to apply. That period begins at the start of November, just days before the election.
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