Topics regarding layoffs at Resideo Technologies

Topics regarding layoffs at Resideo Technologies

Alice in wonderland going to another wonderland

Sometimes it is better to just move on.... after demonstrating for the past 2 years that not much can be achieved while raking in stocks... she does thank all those team mates that never really delivered....but she did not want to fire

What is Resideo's Strategy?

So, in the last 12-18 months we have fired the CEO, CFO, CTO, President of P&S (twice), and a few VPGMs. Most recently, with the firing of the President of Products, we asked the chief transformation officer (whatever that means) to step in and... — read more 

More P&S changes

So after 8 months, the P&S leader was fired. More changes are coming, IMO. Guessing Software and Engineering is next.

New Nest

$129 price point https://techcrunch.com/2020/10/12/nest-launches-its-129-thermostat-with-a-new-design-swipe-and-touch-interface-on-the-side/

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| 1480 views | | 5 replies (last October 20, 2020)
Post ID: @OP+17ofGefE

Is anybody else trying to leave Resideo?

If so, how are you doing on getting interviews? I've been trying to find an alternative for the past two months, I've sent out my resume all over the place and I'm yet to get an interview. I'm trying to figure out if it's me or if the economy is... — read more 

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| 2610 views | | 9 replies (last November 25, 2020)
Post ID: @OP+17oadCEJ

Pro series GRIP

Security throwing a party for release of pro series (I think code name GRIP) about 7 years later. We (ADI) have been carrying this company.

Mike tha man of Steel for CTO

It has now become apparent that our current CTO is incompetent, like he was in every job before. He is not able to do anything without the approval of 2 former CTO from Honeywell. He can’t think for himself . Both previous CTO at least were able to... — read more 

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| 2450 views | | 16 replies (last October 14, 2020)
Post ID: @OP+17lgGIxz

How is Titan & Buoy doing?

I haven't heard much about these and they were billed as the end all be all that was going to save Resideo. As an investor I'm curious how these are doing. I think Storm was another one...how is that?

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| 1760 views | | 4 replies (last October 7, 2020)
Post ID: @OP+17jVg85G

Fun Fact

Resideo is the Latin word for "left behind". "Nemo resideo" = "No one left behind"

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| 1900 views | | 8 replies (last October 8, 2020)
Post ID: @OP+17gE7XTB

CTO leaving

CTO is leaving and a Dir level from the software group in Austin will replace.... Can't even get stuff done without begging his direct reports and they can play hard ball even better ...so whoever said he is gone soon... were spot on. Another fake... — read more 

Spinoff Failures

Why has no one been holding Honeywell executives responsible for creating two spinoffs that are failing because they were under-capitalized with junk rated debt and ginormous Honeywell liabilities. Neither spinoff has been making payments to... — read more 

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| 4820 views | | 21 replies (last September 26, 2020)
Post ID: @OP+16MGE6b5

Here we go again....

Looks like the new anointed CTO is following proudly the steps of predecessors... Again the same people directly below have managed to do what they did to the CTOs before. BS everyone... So ... trust the same people that brought us where we... — read more 

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| 5410 views | | 27 replies (last September 28, 2020)
Post ID: @OP+16GmpIvA

Lay-off numbers

Proposed numbers: Melville : 67 GV: 21 Austin: 2 Outside US (Mexico France India ...) : 418

Google nest Hub

While rezi spins and spins and directors play politics in Melville, GV and Austin , Google has a hub and moves forward. Besides some c-appy deals where we have become a hardware vendor ... we have nothing... So sad to see the decline.

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| 944 views | | no replies yet
Post ID: @OP+16E2fdSV

Looks like the layoffs resumed today

In Melville, GV and even Austin. I’m not sure how much is left to cut but this has been confirmed. Anyone know if they are going on all week?

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| 2790 views | | 10 replies (last September 30, 2020)
Post ID: @OP+16BYxKvG

New CTO - get a meeting fast

Second week. Everyone is trying to get much time with the new CTO. If you haven't met him yet you better do it fast. Every director that matter is going for talks to influence him their way. This week has been full....

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| 1340 views | | 1 reply (August 21, 2020)
Post ID: @OP+16wgqisB

Mougins - soon positions will be open

After the failure of the security business and to avoid layoffs in the ranks the austin ship is considering laying off instead those leaders of engineering that haven't been able to do jack in 2 years except s—ing up to whichever CTO and messing... — read more 

Monday -new CTO

New CTO, new opportunities by the people that thrives under the former CTO, then moobs to backstab and push themselves above other. It has worked for 2 years so why not continue .? Any nicknames ?

SEC filing

Did anyone notice in the 10-q that R&D got moved under SG&A? Is that just to make the op numbers look better or is it to make chopping R&D easier as an administrative expense?

2 sites in Europe will close

First consequence of the ineptitude of engineering and marketing of the security side: plan drafted to close portions or most of a couple of sites. No VPGM down to directors will be affected by any cuts.

New Managment

Any views on new CEO, CFO and Transformation officer? Are these guys really looking to invest and turn this business around? Or are they there to cut costs to the bond, sell it for parts and figure out how to deal with the Honeywell liability?

Any news on next round?

I've been hearing some rumors about more layoffs next month, has anybody heard anything more on it?

Lot’s of people leaving...

In addition to layoffs, there are lots of people and talent leaving the company. Wondering how our leaders are going to stop the bleeding of talent leaving, or do they even care??? Perceptually, it seems like they could care less who leaves as we... — read more 

Integrity Issues

In GV there is literally supervisors in charge of their children. This is a huge integrity issue and how is this even possible.

PIP to layoffs

Looks like fleshligth has been put on a PIP again... I guess eventually incompetence and throwing people under the bus catches up...His buddy from marketing is already out. This time he is on the list!

ADI RIF’s

Just heard they cut over 15 people from ADI. Can anyone confirm?

New Rumor

Hearing whispers that pay reductions are being made permanent by new leadership. However, those new leaders are exempt. Nothing like standing in the back of employees to reach that ivory pedestal.

June Layoffs Still In Progress

Good people who still had a lot to contribute let go this week. Resideo is now in the hands of the new leadership who are running blind. Strong sell!

What will happen to engineering

Now that the micro-sized architect is gone, who will lead India to build the next platform? Fellows do not seem to be inventing anything.

CEO is showing leadership

The new CEO is showing that he is a leader by moving quickly quickly to put people in place in key roles that can help deliver the change that Resideo needs. The previous CEO focused on the wrong things (new corporate HQ, small acquisitions that... — read more 

Closing sites next quarters

With multiple sites closing soon overseas what will happen in the US main sites? Assuming Melville with those old timers (that jack themselves up) is safe but what about the rest?

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