Thread regarding Honeywell International Inc. layoffs

Honeywell giving shares to staff

whats the deal with honeywell giving shares to all remaining staff?
i hear they are getting with 3 years of vesting period.
is this on the back on laid off people LOL

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| 3201 views | | 7 replies (last September 11, 2020) | Reply
Post ID: @OP+16SU2IW3

7 replies (most recent on top)

Hoax, fake news

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Post ID: @1qbv+16SU2IW3

Providing shares as incentive to stay is a common practice before a major sale.

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Post ID: @1rmh+16SU2IW3

Only given to block 1 and the shares vest immediately if you separate involuntarily.
If you didnt get any as a b4 then your boss is a lying pig.

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Post ID: @1ofy+16SU2IW3

Senior VP's have almost always received shares as a retention ploy. Wouldn't be surprised if HON was doing it to retain key employees at this point, especially with the VRIFs, RIFs, and "regrettable" departures. You have to ask yourself - what will the stock be worth in 3 years, and is the stress worth it. Answer is generally, "no."

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Post ID: @1oeb+16SU2IW3

See it to believe. It just a ha ha story for now

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Post ID: @nri+16SU2IW3

Sounds like a rumor started by HR trolls in vain attempt to keep people from bailing out.

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Post ID: @dgk+16SU2IW3

Who would trust ALT to not have hige layoff 1 day prior to vesting. Doubt this rumor has any merit!

Remember our raises last year -taken away. And the 5 years of exponential growth before that with no raises at all. I don’t trust any leadership any more. From senior managers to CEO

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Post ID: @wgs+16SU2IW3

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