Furlough Again

MESSAGE FROM THE AEROSPACE LEADERSHIP TEAM

Dear Colleague:

As outlined in the recent Aerospace Webcast, several Aerospace industry-wide sectors continue to experience a significant slowdown, and our customers and competitors are continuing to cut costs, reduce their inventory and orders, report slower sales, and conduct layoffs.

We are looking at every opportunity and doing everything we can to help avoid further cost actions and fuel more and faster growth, and will report back on our 2017 plans later this year. However, we need to implement a one-week furlough in the United States and Puerto Rico this month. Details of the furlough implementation are below. Furlough-related decisions or actions may also be implemented in other parts of the world, in accordance with local laws and practices, with details to follow when they are available.

As we have emphasized on many occasions, short-cycle growth should be everyone’s top priority and is the only way we can help improve this situation, whether through upgrades, repair & overhaul, software and services, or breakthrough growth. We must also continue to improve the quality and timeliness of our customer service, along with remaining diligent on scrutinizing non-essential costs and all third-party spending.

We have implemented these cost-saving measures while continuing to invest in the business to help improve our long-term competitive position. We are aware of, and highly sensitive to, the burden placed on all of our employees and appreciate your support in helping us drive sales and growth to outperform in this extremely challenging environment.

The Aerospace Leadership Team

Furlough Implementation

Aerospace will conduct an unpaid work shutdown, or furlough, in the United States and Puerto Rico as follows:

• All employees will be required to take one full work week of furlough as defined by payroll. The furlough will begin at 12 a.m. on September 19 and will run through 11:59 p.m. on September 25, 2016.

• HTSI, FM&T, Transportation Systems and all ISC direct and indirect touch employees are excluded from the furlough, along with select groups of employees in other SBU’s due to business requirements. These employees will be notified by their manager or Human Resources contact.

• A small crew of employees will be required to work during the furlough week. These employees will be required to take their furlough the week of September 26, 2016. Your supervisor will inform you if you fall in to this category.

• Additional furlough process and procedure details will be communicated next week.

Comment! It's anonymous!

40 replies (most recent on top)

Just how freaking deep did you have to go to dredge up a 2 year old post?

Criminey!!

Honeywell Intelligrated, Atlanta Software Center, HGR, H-1B visa holders and direct labor employees are excluded from furlough these actions.

What a leadership the people who drilled a huge hole is the ship are excluded from furlough an US workers have to compensate them.

A great company being destroyed.

With this news plus retirement pension changes soon to be announced, I'm so glad I was one if the WFH folks caught up in the drive or walk away. I walked away with 37 years andcrecieved 6 months severance, family medical, full retirement, 6 weeks vacation check. I had the worst manager as she said I'm terminating you for not driving 2 hours each way. HR interrupted and asked her to leave the call. Shows how inept and uninformed she was. The VP or her manager never even called to say good bye Losers , so glad to be gone but it's intertaining to read all the crap still going on and it gives me peace about my decision not honeywells to leave.

You should leave if they offer a deal.

Honeywell Internal

Dear SPS Colleagues:

We know how hard you are working, every day, to help SPS win. We are proud of the work we’re doing together to create safe, productive and connected work environments around the world. As we’ve been sharing with you during our Town Halls, even with our strong focus on growth and delivering for our customers, we continue to face challenges in a few parts of our business and need to aggressively manage costs for the rest of the year to improve our financial position.

This means we need to make some tough decisions. Therefore, subject to local laws and works council information and consultation requirements, we will be asking many SPS employees to take unpaid time off, or a furlough, in both the third and fourth quarters. Intelligrated, Atlanta Software Center, HGR, H-1B visa holders and direct labor employees are excluded from these actions. These actions will ensure we remain competitive while positioning the business for future growth in 2017 and 2018.

For the U.S. only, in an effort to help employees plan, SPS will conduct the furlough as follows:

• Covered U.S. employees will be required to take one full workweek of furlough in both the third and fourth quarters during one of the weeks below:

• Q3: Sept. 11, 2017 – Sept. 17, 2017 OR Sept. 18, 2017 – Sept. 24, 2017. (Please note, there are three pay periods in Sept.).

• Q4: Nov. 6, 2017 – Nov. 12, 2017 OR Nov. 13, 2017 – Nov. 19, 2017.

Managers will make recommendations on furlough weeks for members of their team, and GBE and Functional Leaders will make the final decision. We expect that managers will communicate the furlough dates to U.S. employees within the next week.

Outside the U.S., furlough-related decisions or other actions may also be implemented in other parts of the world as permitted by local law. Instructions for affected employees outside of the U.S. will be cascaded by the regional teams in accordance with local laws and practices.

Everyone on the SPS Leadership Team is also participating in this initiative by taking a reduction in pay during Q3 and Q4. We are all in this together.

As a leadership team, we decided to implement a furlough to keep our team together. We value the teamwork you have demonstrated as we strengthen our business and our future.

We are extremely aware of what we’ve been asking of you this year, and we want you to know that each short-term cost containment action is being taken with a focus on a long-term plan for growth. We are pushing hard on sales and NPI launches, differentiating our portfolio with advanced connected solutions, and making investments in our Sales organizations. We’re positioning ourselves for success.

If you are included in this action, you’ll hear more details from your manager on how this action will be implemented for your team and location. Thank you for all you do to help us deliver on our commitments to our customers and to work safely.

SPS Leadership Team

psychopaths rule again

I'm so happy I walked away from this nest of bullies and psychopaths a year or so ago...

This really s***s. As out going honeyhell employee, I suggest the share holders to get rid of them when they are high. These measures what leadership (they call so) is taking is not going to stay for long and fall of share is warrant. My foot.

Shame on you, Dave Cote! Three furloughs in ten months and more to come.

From: Aero ET Communications

Sent: Thursday, September 01, 2016 5:59 PM

Subject: RE: Message from the Aerospace Leadership Team

E&T Colleagues,

Earlier today, employees were informed Aerospace will be conducting a furlough in the United States and Puerto Rico in September. As has been noted in recent town halls and broadly in the news media, there has been significant slowdown in the Aerospace industry with our customers and competitors reporting slower sales and conducting cost cutting activities in this challenging environment.

Although we are taking this action, we recognize we still have customer deliverables and development timelines we must meet. Therefore, some E&T employees will participate in the furlough to help manage costs, however, all E&T direct employees, and a select group of indirect employees, will be excluded from the furlough. Your manager will be in touch with you if you are part of this group.

The type of headwinds we are facing are tough but we have seen them before and I know we can remain a strong franchise. I appreciate your continued dedication to meeting our development program deadlines and customer commitments, and focus on Producibility and SWIFT, as this will help drive Aero’s short-cycle sales and breakthrough growth.

Bob Smith

VP, Engineering & Technology and Chief Technology Officer

People, listen. This is only the beginning. Darius and I have big plans for 2017. We intend to curtail if not end working from home except for the sales people, we will have at least 1 week of furlough per quarter (possibly two per quarter) and continued RIFs. I cannot stress enough that Honeywell needs to stay competitive in this global economy and the only way to do that is to exploit emerging markets for their cheap labor. See what wall street and all of you don't understand is, we don't care about customers, or our products. I'm happy if one of our engines lasts more than 300 hours without vibrating to pieces or eating bearings and making metal! We have ZERO organic growth. We have laid off or forced anyone out with a mind for innovation and now the only growth we have is by purchasing existing companies and calling their invention our own. We did this on Bendix King with great success. When we cannot buy another company, we have to take it from the employees and I don't care if you are upset; that's the whole point! We NEED all of you to leave voluntarily so rather than have mass layoffs, I'm going to make it financially impossible for people to willingly stay at Honeywell. Then I can ship all your jobs overseas with zeal. I realize this is a tough time for everyone and I want to thank you all for not all leaving at once; that would make shipping all these jobs permanently out of America that much more difficult.

I have no doubt that you are in good hands with Darius; he is going to continue my legacy of zero organic growth, unreliable and mostly junk products and continued degradation of morale. At the end of the day, I don't care what happens to you, Honeywell, or anyone else as long as I get my money and that has been the plan all along. Sorry if you have families to support or people who depend on you to provide for them. What's important here is that I get paid and the investors are paid. The rest of you can fend for yourselves.

All the best,

Dave Cote

I was given the boot in January. It s---s beyond words. Surprised me however to hear in interviews how much of a joke Honeywell has become. I had two solid offers within a couple weeks making more than I did at Honeywell. I used to lie to myself and say this is as good as it gets. I can't tell you how much of a relief working in an environment where layoffs and furloughs simply aren't a concern. This site helped me to identify which companies to avoid. Use this site to choose your employer of interest. Most hiring managers like to hear you are interested in the actual proven growth opportunities. Honeywell talks about growth as if the growth god's will come forth and raise Honeywell from an obvious nose dive. I wish I had started applying the second I heard the layoffs were coming. Actually, I wish I had seen this site before accepting the job! I urge all of you to continue working on you resume and interview game. There is better...MUCH better outside this company.

From employee's pockets to shareholders (including cote) pockets. Amazing that they are allowed to do this.

I think the layoffs will happen AFTER the furlough, not before. That way Honeywell can get a cost reduction in both quarters.

Esto se jodio!

Just got email from Bobby saying E&T is exempt from furlough since we have so many customer commitments. Nothing like sending it it at 6 pm, 5 hours after first email and after everyone goes home to cry or 're arange life. Really they did not know this right after first email was sent!

The beatings will continue until moral (or growth) improves

I was embarrassed to tell my wife that I was going to miss another paycheck despite the fact that I am well educated, work 45 hours a week and contribute hugely. Hopefully Tim is embarrassed too.

Do as little as possible. Worse than domestic abuse..its global abuse. Bail ASAP!!

Now, I just want you to know that you are all valued employees, and Timmy thinks so too! After all, as I get ready to bail, cut all the corners, short the company, and leave Darius with a big mess (just like Jack Welch did to Jeff Inmelt at GE), I am only thinking of myself, my greed, my power, prestige, and legacy, and how could any of you be bitter about that! So thank you all so much, hope your unemployment takes good care of you!!! By the way her is some of what you have done for me lately - I sold $62M of stock at $116, bought it back for mere $47 a share, so I only profited some $29M on that transaction. Heck, I need another island you know so I can build my tower to look down at all you pawns from!!!!

COTE DAVID M

Officer

Option Exercise at $47.38 per share. Direct 33,166,000 ‎Aug‎ ‎4‎, ‎2016 700,000

COTE DAVID M

Officer

Sale at $116.15 per share. Direct 62,082,755 ‎Aug‎ ‎4‎, ‎2016 534,505

Anyone notice how this one there is no gag order?

Driving growth through furloughs, Tim Mahoney must be on some sort of crazy pills, right?

'If you don't like it go design baby clothes' -Aerospace leadership team

We take a 3.8% paycut so far this year. Dave and the rest of the fat crooks will still those fat a-- bonuses. It is complete bullshit.

F@$k Honeywell and their bull$hit HOS. I would love nothing better than all skilled workers up and leave all at once. That place is a cesspool of misery and the epidemy of corporate greed. Glad I left.

make the eps look good for wall street at the cost of your employees.

Notice he recently announced he's bailing from the sinking ship. Should be a clue to everyone to get out now!

1 or 2 more weeks of furlough in December\January time frame... this s...ks!!

It is odd to work for a company that repeatedly tells you LEAVE. Please LEAVE.

"while continuing to invest in the business", that's hilarious!!!

SHORT-CYCLE GROWTH!!!! (....but we aren't going to let our employees work)

dumb--ses

Let's work more and harder!!! NOT happening dudes.

Let's work more and harder!!! NOT!!!

Dave Cote and Tim Mahoney... You dare fly your family around in your corporate jet (to the Olympics no less) on the company dime, collect big bonuses all on the backs of your hard workers.

Do the world a favor and hang yourselves.

So does this mean the layoffs are off? I'm hearing we still might have the layoffs the week before the furlough.

My feeling is, the PHX engines RIF will occur on Friday right before the furlough

Notice the messages are getting more gloomy. No speak of "short term" measures like the last one. They want people to quit.

The furlough week will be a great week to schedule interviews....get out now

Expect two more weeks in December or 1 in December and 1 on the 1st week of the year.

Two so far.

2 in one year.

Thread regarding Honeywell International Inc. layoffs

Furlough Again

40 replies (most recent on top)

Post a reply