Los Angeles Times

{United Technologies slashes 2009 profit forecast 13%} {The maker of Otis elevators and Sikorsky helicopter reverses its optimism of a month ago. It also will cut 11,600 jobs.}

HARTFORD, CONN. -- — United Technologies Corp., saying the downturn in its core markets is worse than expected, cut its 2009 profit forecast 13% on Tuesday and will eliminate 11,600 jobs, or 5% of its ...
Hartford Courant

Otis Elevator Faces Technician Shortage After Launching Service Platform

Otis Elevator faces technician shortages just months after rolling out a service platform linking the workers with elevator mechanics. The marquee subsidiary of United Technologies Corp. is responding ...
Wall Street Journal

Otis Elevator’s Bet on Technology

Otis Elevator Co. has come a long way from being an elevator pioneer in the 1850s. Today, the company’s elevators and escalators carry two billion people daily, and technology is driving sales and ...
WTNH

This Week in Connecticut: How Otis Elevator changed the world with its invention

(WTNH) – One of our favorite stories of the year was a visit to Otis Elevator. It’s another longtime Connecticut company that changed the world with its invention. We’re taking a look back at that ...