Raytheon will be reorganizing and cutting 200 jobs, according to an announcement by the company on Monday.
The cuts will be part of a consolidation effort, according to the company. The Waltham based company, which has a location in Marlborough and 68,000 employees internationally, declined to say what jobs would be included in the cuts. The consolidation will save the company $85 million annually.
The company announced in January that its fourth quarter income dropped by 14 percent, according to the Telegram and Gazette.
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