United Technologies Corp plans to cut about 1,500 jobs over the rest of 2010 and 2011, the diversified U.S. manufacturer said in a filing with the U.S. Securities and Exchange Commission on Monday.
The world's largest maker of elevators and air conditioners targeted some 14,600 jobs to cut during the recession, of which it eliminated 11,100 last year.
It was not immediately clear if the additional 1,500 job cuts referenced in the SEC filing were part of the previously disclosed total.
The payoff of that restructuring, coupled with improved demand, helped the company to post better-than-expected profit last week and raise its full-year earnings target for the year.
The Hartford, Connecticut-based company cut some 900 jobs in the first half of the year, and plans to complete the remaining 1,500 by the end of 2011, it said.
At the end of 2009, United Tech employed about 206,700 people.
United Tech's shares were up 1 percent at $71.59 on the New York Stock Exchange. (Reporting by Scott Malone, editing by Dave Zimmerman)