Thread regarding Honeywell International Inc. layoffs

Which scenario is the likeliest?

I see four possible scenarios:

  1. Full return to office is announced. Managers get no warning. Chaos.
  2. Hybrid is made permanent but 40% footprint reduction is mandated. engineering heavy sites hit hardest with large property sales.
  3. Wait and hope for a deep recession and change in labor demand to solve issue.
  4. Offer full remote as a benefit you "buy" with a 20-50% pay adjustment ( calculated on pay stub.. and shown as deduction) the cost is dependent on distance from a hub office. must "reapply" each year so no promotions either. If this sounds like contractors for everything... welcome to the gig economy

Post ID @1qss+1ktB6lEj

by Anonymous
| 2655 views | | 9 replies (last January 5, 2023) | Reply
Post ID: @OP+1kvP7zfR
Comment! It's anonymous!

9 replies (most recent on top)

#1. I'm fairly certain this is about to happen.

by Anonymous
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Post ID: @2emg+1kvP7zfR

@qfs+1kvP7zfR

PR is a US territory and they are US citizens which I'm sure you know so I wonder where the concern for EC comes from? They already work on restricted contracts with no issues with the government.

Didn't the Defense Leadership team just start pursuing "new opportunities "?

Just how well do you think they are performing winning new contracts? And yes, I work in defense.

by Anonymous
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Post ID: @1cva+1kvP7zfR

Darius and company must be beside themselves with consultants now telling companies “most important thing is to make your workers happy..”.
Happy workers was never in the allied signal DNA… certainly isn’t compatible with micromanaged lean manufacturing that got us in this labor mess. Ask Amazon how their workers like the productivity metrics.

by Anonymous
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Post ID: @1hsl+1kvP7zfR

I’m th @OP. Flattered that somebody thought this should bubble up.
There is another type of hybrid which would have employees “pay” for VPN access on an hourly basis. No time can be charged when not connected to VPN. Some charge numbers would exempt this service fee.
The first company that does this won’t be Honeywell but I do believe it will happen.

by Anonymous
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Post ID: @1iqb+1kvP7zfR

Wish as they might it is not possible to offshore the programs that have kept aero running .. defense. In fact the export rules are becoming more restrictive every day with changes rolling out rapidly that could block even Bangalore from dual use projects. I’ve never seen it so strict. China is a no-go. Period. Might as well be at war. Imagine…. They grounded US jets because Honeywell had Chinese rare earth magnets installed… maybe.
PR remains at risk and I hear that Collins may pull out soon from the islands due to EC.

by Anonymous
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Post ID: @qfs+1kvP7zfR

The 50% footprint reduction plan was started years ago, and is on going

Just look at Albuquerque, Minn, Redmond (commercial aero engr moved to DV) Tuscon, Tempe
Torrance could be next as a brand new plant was built in Mexicalli, etc

by Anonymous
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Post ID: @qbr+1kvP7zfR

You missed scenario 5, the most likely one

  1. Offshore almost everything at 70-80% lower cost and RIF high cost employees
by Anonymous
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Post ID: @yqh+1kvP7zfR

Site footprint reductions will take place regardless of the other options. I just can't see Hon making anything permanent that could benefit employees. It would not surprise me if they mandated back in the office if for no other reason than to cull the herd without the need for severance.

I also feel that some sort of divesting will happen. No idea what business unit, just a feeling because of prior experience.

by Anonymous
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Post ID: @kiz+1kvP7zfR

The most likely I see is #2 - permanent hybrid at least for office locations

by Anonymous
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Post ID: @rwv+1kvP7zfR

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