MBAs and Top Level Management made major AOP (Annual Operating Plan) errors that did not pan out resulting in a shortfall to PROFITS! When PROFITS miss targets, employees pay the price through furlough and layoffs (RIFs). MBAs and Management get to stay and guess again next year on the AOP gamble!
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Mr. Fake, You are obviously a troll with no knowledge of the situation.
There is more truth than rumor here.
You should stay away and let the adults talk.
Still fake and no proof
I world for Honeywell in finance. The layoffs are suppose to make us look stronger for quarter 4 earnings report and recover the 2015 losses. Stock will fall once investors realized we have inflated the books.
I just received email from Bob Smith confirming there will be layoffs during the Christmas break.
This is true
Whoever says this is fake is a jackass. I am one of the folks being let go by the RIF. So go f*** yourself.
Your a moron. There is absolutely layoffs.
True. No lies here. We were informed.
Mike Madsen sent an email - you can see it here: https://www.thelayoff.com/honeywell-international/post/4962885462654976
It is NOT a rumor. The email send out @ 1:37 ET.
THIS IS SUCH A POORLY RUN COMPANY WHEN MANAGEMENT MAKES AN EXTREAM ERROR THE LITTLE GUY SUFFERS BY LOSING THERE JOB. THIS IS TRUE I KNOW PEOPLE WHO WORK AT THE KINGMAN AZ PLANT.
They don't call it a layoff. It's called a RIFF, people are still losing their jobs.
People can volunteer by Dec 9th. Reductions effective January 2016. US and Puerto Rican ISC functions, indirect labor and non-mfget direct labor.
It's not a rumor. Email from Mike Madsen , VA ISC
Yes fake news here