You better get prepared… there’s no such thing as job security in this economy.  Here’s just one of the announcements from this week:

United Technologies announces layoffs for nearly 12,000 workers
With no economic recovery in sight, United Technologies Corp. says it will shed 11,600 jobs this year, reducing its workforce by 5%. UTC’s diverse portfolio — including Pratt & Whitney jet engines, Sikorsky helicopters, Hamilton Sundstrand aerospace components, Otis elevators and Carrier air conditioners — has shielded the company from past downturns, but nearly every business line is suffering in the current recession. The company said Tuesday it now expects 2009 revenues to fall $2.7 billion short of projections made just three months ago. Pratt & Whitney, for instance, was expecting 20% growth in shipments of business-jet engines, but now expects shipments to be flat after a spate of negative publicity for business aviation. Forbes (3/10) , The Wall Street Journal (subscription required) (3/11)

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