Thread regarding Honeywell International Inc. layoffs

MAD MONEY Honeywell CEO says suspending business in Russia won’t be a major headwind

  • Honeywell’s decision to halt business activities in Russia following the country’s invasion of Ukraine is unlikely to cause problems for the company’s balance sheet, CEO Darius Adamczyk told CNBC on Monday.

https://www.cnbc.com/2022/03/14/honeywell-ceo-says-suspending-business-in-russia-wont-be-a-major-headwind.html

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| 1983 views | | 5 replies (last March 21, 2022) | Reply
Post ID: @OP+1fPcS8WP

5 replies (most recent on top)

Duh. If there were major headwinds, then HON would have maintained its business with Russia.

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Post ID: @2dsl+1fPcS8WP

Umm. Global conflict is highly profitable for any global aerospace company that contracts work for any country's military, whether that country is directly, or indirectly, involved in the conflict. Will definitely make more money off of the "war" than they could lose.

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Post ID: @2igy+1fPcS8WP

Late as usual.
Reluctance to take any kind of moral stand is more telling than an interview on cnn.
Do not confuse cowardiss for caution.
Waiting weeks to stand up against aggression is the former.

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Post ID: @1wxd+1fPcS8WP

Russia has been disconnecting from outside services for years. This is a true statement.
However.. the global fight against inflation and the systemic hate for all thing oil in the US will be a big problem. Maybe offset by defense spending in Europe.

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Post ID: @kgp+1fPcS8WP

What a load of nonsense. RIFs will be used to balance the loss of revenue.

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Post ID: @min+1fPcS8WP

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