Thread regarding Honeywell International Inc. layoffs

Possible sanctions?

This will be interesting if it really happens.

Chinese state media raised the specter of backlash against U.S. companies including General Dynamics Corp. and Honeywell International Inc, as the foreign ministry warned firms would be sanctioned if a potential $2 billion arms sale to Taiwan goes ahead.

https://www.bloomberg.com/news/articles/2019-07-15/chinese-media-hints-at-honeywell-raytheon-sanctions-over-taiwan

by
| 2243 views | | 2 replies (last July 16, 2019) | Reply
Post ID: @OP+103mrfBz

2 replies (most recent on top)

Aerospace wise Honeywell has APU, Brakes and Flight Controls on the C919. They going to kick us off? Will be interesting to see how China puts this into practice if they really go through with the threat, Honeywell employs a lot of folks in China and has many other factory and process businesses too. Stocks lost $2 today, probably because of this threat.

by
| | Reply
Post ID: @1idt+103mrfBz

Sounds like they may be increasing the number of layoffs slated.for this year.

by
| | Reply
Post ID: @hdf+103mrfBz

Post a reply

: