Thread regarding Honeywell International Inc. layoffs

Signs Layoffs are Coming!

The most obvious sign layoffs are coming:

Executives hint at layoffs using other terms, like 'restructuring' "downsizing," "reorganizing," "incremental synergies," organizational efficiency," "offshoring," "streamlining," "headcount reductions" "workforce rebalancing." "simplifying structure," "organizational improvements," "right-sizing," "simplification," and "delayering,"

Company starts giving 'non-negotiable' job offer, assignments or projects to employees and or retirements are forced, benefits cut, packages or incentives offered to resign now

Company is trying desperately to save its dying flagship product or business

A WARN notice has been issued. If more than 250 full-time employees are being let go a company must file a Worker Adjustment and Retraining Notification (WARN) with the state's Department of Labor (DOL) 90 days prior to the layoffs. This is public information that can be found on a state's DOL website.

Company gets acquired or has a merger or talks about a merger or IPO flops. Mergers frequently lead to layoffs to eliminate duplication.

Company is aggressively hiring new employees in a business that is not growing at a similar rate. Normally these new employees are hired at lower cost to replace older and higher cost employees.

New H1B hires or transfers and training of overseas functions, branches and employees.

"Synergy" is a word that should terrify employees: "Synergy is what you get when you eliminate redundancies in your efforts to cut costs."

There's already been a round of layoffs. The first round of layoffs is rarely the last.

You're invited to a group meeting with the department head, and ther personal assistant confirms with you that you'll be there.

Internal job postings get taken down or not filled.

You're expected to do more with less and budgets dramatically cut or reduced.

Your role and responsibilities are shifted, split or to be shared with a coworker.

People are told they can't work from home or must report to the office on a specific day.

The higher-ups take steps to 'improve efficiencies' and eliminate redundancy.

Bringing in consultants to examine processes.

Company brings in a new board-appointed CFO to look over the books.

Higher-ups start quitting or if they start heading for the exits.

If you start to get ton of questions about what you do.

Requests to share passwords, training documents, and other things that may not be written down are sometimes done to smooth impending dismissals.

The discretionary stuff is eliminated or starts to go are signs reduction-in-force is coming.

Cost control policies implemented and expense accounts very closely monitored or curtailed

Company bills aren't getting paid or supplier payments terms are ever increasingly over due.

The uprooting of plants, offices and functions, shifts to overseas in low wage countries.

"Rumors and speculation of possible layoffs coming"

Conference rooms are booked by HR all day meetings or HR off-site meetings are signs big changes are coming.

HR folks prefer to deliver bad news like layoffs in private and behind closed doors.

You notice ramped-up security.

Your access to work accounts and work related info begins to be limited or denied.

If you're locked out of password-protected, company-monitored accounts.

Managers are suddenly pulled into a series of meetings that span a few days.

If managers find it difficult to directly answer questions about what is going on with all the meetings, this could serve as confirmation.

You stop getting invited to important meetings.

Upper management avoids eye contact or try to avoid you.

There are more tissue boxes than usual around.

There are a lot of empty boxes around.

Memos to employees detailing imminent layoffs.

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| 3514 views | | 9 replies (last February 7, 2024) | Reply
Post ID: @OP+1p1HAqUl

9 replies (most recent on top)

C13 lost 4 Tech Support Reps, so much for the call que

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Post ID: @1Wbuy+1p1HAqUl

@1shl+1p1HAqUl

With current mortgage rates around 8%, your boss would probably tell you no to buy at this time regardless of layoffs.

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Post ID: @6ayi+1p1HAqUl

Offshoring is the irreversible trend ... its just a waiting game for those who choose to remain.

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Post ID: @1luk+1p1HAqUl

"There are more tissue boxes than usual around."
Ha ha! In my office then, I'm looking "a" tissue box.

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Post ID: @1wki+1p1HAqUl

FYI, Layoffs are coming in before the 401K vesting date.
The internal restructure under the new group titles begins in the new year and mass layoffs ARE part of that.

If you are in the US or Europe I highly suggest you start thinking about updating your resume/CV and preparing for the worst.

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Post ID: @1uzm+1p1HAqUl

After alignment profile of Honeywell, this is just the start. You can expect high buck regions. They’re going to be relocated to low-cost regions.

Maximize margins. Lower wages is the only way you can do this. States with low taxes. States that don’t have winter so you don’t have to have ice damage on roof, don’t have to repave parking lot, don’t have to always repaint the lines, no snow removal, no major, heating bills, and whatever else is affected by wintry states.

If you live in a state that has high taxes, and high wages. You’re going for a ride. You’ll train in your replacement with the wage you’re currently at. Then they discard you like when somebody wipes your butt. Then flushes it down the toilet.

2024 and 2025 are going to be very interesting. Maybe I’ll finally get that severance package.

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Post ID: @1frf+1p1HAqUl

Look your boss in the eye and tell him you are looking to buy a house. If he is a stand-up guy/gal/they/them/it, the boss should discourage you from buying "at this time". Another clue something is up, when they announce a different HR generalist to your department. They frequently bring in a new schlub to give the new ones to the exposure of re-organization/right-sizing/reduction in force/census adjustments.

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Post ID: @1shl+1p1HAqUl

My most loathed expression that also means layoffs is "digital transformation". It's code for offshoring and usually involves nothing digital or transformative.

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Post ID: @1usv+1p1HAqUl

👨🏿‍🤝‍👨🏽

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Post ID: @1toj+1p1HAqUl

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