Thread regarding Honeywell International Inc. layoffs

401k

Any news if this will be given on Dec 15, taken out or delayed?

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| 2812 views | | 5 replies (last November 20, 2020) | Reply
Post ID: @OP+17XZ2Vqh

5 replies (most recent on top)

Stated in town hall it will be paid.

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Post ID: @4tfv+17XZ2Vqh

At this point it would be difficult for Honeywell to back out on its commitment.... difficult but not impossible... I would expect they are weighing the class action lawsuits vs payout and legal costs... after all its just business like any other transaction. DA probably asked HR for the business case.

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Post ID: @1dgk+17XZ2Vqh

Colleagues last year separated from Honeywell end of December and week one in Jan, both received the match in January. They met the requirement of being employed on 12/15. They too were very skeptical that HI wouldn't weasel out....

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Post ID: @1mkr+17XZ2Vqh

It will not be "given" Dec 15. You only qualify for the annual match if you are employed at HON on Dec 15.
You won't get the contribution until after the first of the year. Probably toward the end of January.

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Post ID: @dcr+17XZ2Vqh

No official word but I'm sure they will weasel out of giving it to us if it means more for them.

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Post ID: @ybr+17XZ2Vqh

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