Let's hope the star of Melville that did a great job doing Quicksilver will now do Titan. Should be done in 5 years. Guy is super smart......Ademco style.
Just when you thought things could crazier
Rumor has it the new Engineering guru from GV already leaving. US bosses has zero idea for company.
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/
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
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
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?
Fun Fact
Resideo is the Latin word for "left behind". "Nemo resideo" = "No one left behind"
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
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
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.
Honeywell makes the Dow Jones Industrial Average
They boot Resideo and look at the great things that happen for them. Dave Coty and Darius must be very proud of themselves
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?
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....
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.
Will be an interesting day with the ADT/Google news.
Nice timing before tomorrow’s earnings.
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?
Austin Office Closing?
Rumor is the Austin office will be sub-leased.
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.
Resideo ex employees helping other side of investor class action lawsuits
A lot of whistle blowers. The lawyers that posted on this site asking employees and ex employees to call/email caught a lot of fishes.
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.
Why delete post about lack of diversity on Resideo Board of directors?
the world can see resideo website for lack of diversity
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.
transformation leader, the transformers or tony starks cannot help this company
Workers mentally checked out and dont really care about this place. Old timers wont leave unless RIF bc too old to find another job and dont want to leave behind 6 months of payments.
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?