That’s all.
When is Resideo sending a Coronavirus email to employees?
With about 15,000 employees globally, I would think some employees have been affected by now. Has anyone heard about any Resideo employees testing positive for virus?
Rumor: Bankruptcy being planned for...
Hearing rumors that Resideo executive leadership and the Board is preparing for the potential for company restructuring under bankruptcy. Also hearing that leadership are being in given $$$ incentives for RIFing people. Geez...
2 days to 11th March
The Final Countdown...
Resideo makes Honeywell look like a great company to work at
Never thought things could get worse than Honeywell (layoffs, furloughs, hiring freezes, merit increase freezes). But Resideo is definitely worse. We have all of the same plus not knowing if company will survive. At least we knew Honeywell wasn’t... — read more
Disgusted
All these layoffs.....then you hear of these pinnacle awards and people getting taken on holiday for a week!!!!!! People want updated on what the hell is going on at town hall meetings not about people being taken on holiday all expense paid.
Corona
Every real company is putting procedures in place regarding the virus. We haven’t seen one email regarding this. No that we need direction, we’re adults. But it’s just another failure as far as I’m concerned
CTO
Any news when that famous CTO will show up? Where from? Any info? We had already 2 failures so this one better be good -for real
Initiatives that are currently a proven success
Titan, lumina, storm all will be delivered in Q3 So all the noise was for nothing.
How do we fix this
There have been no major new products since 2016, only some incremental also-rans and a few glaring flops. Magical mobile apps aren't going to fix that since nobody pays for them anyway. Grand paper architectures from Wikipedia architects aren't... — read more
NdM
Unbelievable. What a disgrace and somehow he’s still with us. Clearly he earns a massive paycheck for what? But maybe it’s better that he’s focused on everything else rather than continue to do damage here... — read more
Layoffs coming in June and October will be massive if Coronavirus leads us into inevitable recession
Storm the product that costs millions
Storm in a teacup seems not to be going anywhere. Starting with products that have no real strategy, can’t figure out what feature they want, can’t describe what they want except do it like another previous one to hardware out of control claiming... — read more
Resideo stock on its way down to $5!!
VPs with a lot of stocks/options are feeling the burn
BCG preparing Resideo for sale
Very obvious that they are just preparing the company to be sold (in pieces or whole)
No Health Insurance but still paying for it.
I left in mid-December and recently met up with a former co-worker that still works at Resideo. They stated that Resideo messed up peoples health insurance. People are paying for health insurance but are not covered. Resideo has told them to keep the... — read more
Austin lay-offs?
Can anyone confirm if there were lay-off in Austin beside the usual suspects (GTX, IT, PMO...) Looks like the crew of moobs which drafted the “lists” of people who are not “nice” (read su-k up to them) is fairly intact.... Can’t wait until they... — read more
Here comes Monday
Disgusted at the thought of going back to this dump tomorrow
Look it up: dMY Technology Group
Their top management team. This is a blank check company. Do a search for that term. Positioning to acquire something?
Coronavirus = no components = not enough products = losing more customers
Company is doomed...get out while you can
40% of global positions being eliminated
Layoffs starting in February but will continue in June and October...
"Please find link below to download the Manager Toolkit for actions occurring this week in the United States, Canada and Mexico."
I thought there were no layoffs????
Lawsuit Update
Awesome. There are so many class action lawsuits against Resideo that they had to appoint two law firms to manage all the lawsuits from other law firms... https://finance.yahoo.com/news/entwistle-cappucci-llp-appointed-co-225700600.html BTW... — read more
Comfort sinking faster than the others
Looks like the numbers will show that comfort has the worst performance since under new “water” based leadership and all eggs are into the stormy basket. Biggest issues are as usual in the embedded development and hardware software integration. Is a... — read more
Give up on your stupid messaging comments
For F’s sake. I’ve seen so many god dam* post about “too many messaging apps, let’s unify on Slack”. What in the Sam He** are these people doing all day? I don’t care if people contact me on Skype, Slack, Teams, or email. I get work done either way... — read more
Secret lists of sites and people
Can anyone shed some more info about which sites will be severely cuts or closed and which people are targeted by the list made by Rsi boy for moobs? The list covers security in Melville and other locations and includes peers
Torch bringing everything down
Torch seem to be hitting the jackpot in the “fail” award No real Product ownership to speak of, development out of control, architecture based on buzzwords (not clear who owns that) and management in perfect moobs fashion. When are those people... — read more
HDG was VP?
It says senior director now
Asbestos Charge Pushback by Garrett
FWIW - I read a lawsuit filed by Garrett to HON about the asbestos charge. Resideo has a similar charge. I remember that Nefkins addressed that in a Wall Street interview. So we're probably not going to hear about this as a potential news item... — read more
Putting this round of layoffs into perspective
To put this round of layoffs into perspective, prior to the spin-off, there were supply chain issues. (This is noted in the lawsuits.) I have first-hand knowledge that it wasn't one group's fault per se. Those issues had been precipitated by the... — read more
Headline: Resideo Acquires Audio-Visual Equipment Distributor Herman ProAV
Is this reaqlly a step forward purchase to rescue Resideo?
When are quarterly numbers due ?
I thought it should be out by now ?
Why grip gm quicksilver is fail
Grip gm quicksilver is fail because of the engineers doing the working on it. The same team who brought us DAS failure. Why did they use an iot protocol for all internal communications?? Not proper!! Their so called software architect should go... — read more
Announcement
Both good and bad in that announcement. 1) It is a good sign Moobs didnt get the CTO role they promised him and they didnt put more under him. They must be on to his BS. Im hoping thats why the resignation rumor started in the last two... — read more
January Numbers & Layoffs
Has anyone else seen the January numbers? They say anything worth doing is worth doing well. I guess we take pride in driving this company out of business at record speed. Looks like a Huge decline across the board...like double digit...first digit... — read more
Combustion
Is combustion a viable business? It doesn’t seem to be working well either Any news what’s happening there? Marketing is not stellar and does seem to pursue sham acquisitions...
Does the Security business have the right leadership and underlings?
With the new platform delayed by years, bangalore development slashed to a third, and ADT making boat-loads of money off of RESIDEO'S new platform, the board must be considering a split and sell later this year. If not, how will the business... — read more