What does this mean for Aerospace business are we being sold off?

I am no MBA - what do they mean by spinning off aero? Spinoff IPO? or up for sale?

Here you go, as just published (NYT) - it'll be fun to watch this develop and the spinoff go south (or north)... Dan Loeb Takes Aim at Honeywell, Calls for Aerospace Spinoff Source:... — read more 

Aero is up on the chopping block to auction as scrap metal

Hedge fund buys into Honeywell, wants Honeywell to spin off aerospace division: http://finance.yahoo.com/news/third-point-says-honeywell-spin-212204750.html

http://www.timesunion.com/business/article/Honeywell-eliminates-healthcare-for-retirees-11102085.php

Honeywell is letting defense and space die out. This is intentional. Once the cow is dry, they will sell product lines and plants. The future is connected and services. The steps to transfer defense technology to commercial has started.

The U.K. Pension changes go into effect June 30 The rumor for USA pensions were to be announced late April or May so the wait may almost be over. They are probably reviewing how many UK people are leaving to get a USA estimate before proceeding So... — read more 

Darius Adamczyk tried to make some sort of an analogy about how he purchases a $500 bottle of wine and it's value during the town hall on 4/21. The only thing I got out of that parable is that he is out of touch, an elitist and perhaps a bit c--ty... — read more 

Maybe it is doing the right thing via all these cost saving measures?

Investors should be thrilled with another strong quarter by Honeywell. Another quarter of flat to declining sales and increased profits. The strong financial performance continues to come on the backs of employees (and former employees). I remember a... — read more 

what's going on in HBS. Saw reps going on furlough as well as employees taking early retirement as forced. Is there any deal going on?

PER survey is open, emails went out yesterday evening with the link. I debated not taking it at all, what's the point when nothing changes, then rethought about it and I think if everyone would go in and answer "strongly disagree" to all the... — read more 

The jobs are coming back! hb1 policy review is a good start! Every bit counts to make our manufacturing America Great Again!

https://www.usatoday.com/story/money/2017/04/17/boeing-laying-off-hundreds/100573444/ Thank god President Cheeto is keeping jobs in the US of Greatness

I heard people are being "caught" working remotely as recently as this month. (April) HR contacted the manager and the employee for as little as one day of violation Told not to do it again without notifying both HR and the manager They must be... — read more 

Honeywell is notorious for finding ways to break unions and strikes. A frontal attack will not work unless it is organized world wide. If you decide to stay at Honeywell for a while, here's another approach. This is especially important for managers... — read more 

Haso anyone heard rumors of a furlough this year? If so when?

I've had many bosses over the last 2 years. My latest just turned in their notice. Taking an 'opportunity' with a company slight less popular than united airlines. Where does that put honeywell? Look for leaders to push engagement and the need to... — read more 

Amazing and sad to see the persistent animus on this board. Clearly few companes have hurt their workers as badly as honeywell. It wasn't the layoffs either. Layoffs are done and still thIs board is active. A decade of reorgs and distractions drained... — read more 

Talk about a policy that is working just the opposite as intended. Honeywells goal of eliminating (firing) the bottom 10% of employees is not working too good....first Honeywell only does this with their highly trained US work force.....you can be... — read more 

AZ Republic reports that Honeywell employee count in the valley went from 10,000 in 2016 to 8000 today. Jump ship or get keel-hauled. The tide is going out boys and girls.

Heard a couple of rumors that HBT will be going through a re-org. I don't know the details something about a structuring around Connected Buildings and Connected Homes.

http://www.businesswire.com/news/home/20170405006245/en/TurbineAero-Announces-Steven-Foust-Senior-Vice-President

I know a few still WFH. I wonder what the company is planning on doing with these. This has been dragged out for far too long. Not fair for the guys already in the office.

Buyers just got walked out and told no working for the next few days. Told our managers would call us in a few days and let us know what's going on.

HW new CEO has eyes and a tonge like the Devil....get prepared for constant beatings and more outsourcing. There was only tough talk for employees in his latest email. He plans on making his name and fortune on the backs of everyone of his employees.

Are you in qualification testing? Getting ready to go into qual? Have fun. It will be a long haul with a lot of band-aids. It WILL be a schedule buster! How will those radios fair in production and in the field? Congratulations to the managers left... — read more 

Hearing possibility of more RIFs, furloughs and salary cuts as they are that bad... anyone else hearing this? Not sure what's left to cut with the exodus going and what's already been cut.

They are radically changing the U.K. Pension for all HON employees. Converting from defined benefit like USA to defined contribution which pays out much less Plus if you stay past June 30 your early retirement option changes. The age is older goes... — read more 

I am an employee who previously worked from home 100% for > 15 years. Nearest Honeywell site is too far to commute, so to comply I must rent a place during the week and only drive home on some weekends. I am hoping new leadership will reconsider the... — read more 

According to Morningstar, Tim Mahoney's compensation for 2016 was over 9.5M dollars while we, the workers endured layoffs, furloughs , no merit increases, and reduced MIP for band 4 . Do you appreciated ?

We worked so hard for Honeywell Platforms in Deer Valley, but in 2009 Dave Cote gave our positions away to unqualified Malaysians, and we had to train them. Lost track of almost everybody, seems like most of us have just struggled all these years... — read more 

So....anyone gonna complete the survey sent by MM to all band 4 and above ISC employees?

http://www.bizjournals.com/stlouis/news/2017/03/27/boeing-s-defense-unit-wins-26-6-million-nasa.html

59 years old; aero engineer; 20 years here. Honestly, what are my chances to make it to 65? I've put resume and feelers out but I think age is a problem. So far I am super busy but? Advice anyone?

Since the start of 2017, at my site, engineers have been resigning at a rate of about one each week. We now have 17 job postings open. There are more resignations to come too. The loss of experience is very damaging in a very specialized market that... — read more