Thread regarding L3Harris Technologies layoffs

State of Disunion @TheTrustedDisruptor

  1. Loans taken to cover payroll. All that LHXNext savings still can't stop the debt created implosion.
  2. Accelerating the full transformation into the ENRON of the defense industry.
  3. 160 hours vacation and sick combined cap being enforced in certain businesses. Director level approval required above 160 hours combined.
  4. Auto rejection of planned sick or vacation leave if not provided with enough advance notice. Override requires manager and second level approval.
  5. Rolling layoffs still occurring.
  6. Stock price down $70 from recent high of around $370. Currently around $300.
  7. Insider selling accelerating.
  8. RTO harassment still occurring even with commuting costs skyrocketing due to fuel spikes.
  9. Outsourced IT company not getting paid due to cash flow issues. Leads to more service outages and lack of support.
  10. Morale has hit a new low. Parking lots emptying rapidly after 5 PM. Only time I've ever seen people leave faster was after a 4 hr college chemistry lab was over.

Please comment with additional information regarding the state of dysfunction @ L3H


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