Thread regarding Honeywell International Inc. layoffs

HTSI

I work for HTSI. They recently sold us to KBR. Hopefully that keeps all of us in a job

by
| 668 views | | 1 reply (September 13, 2016) | Reply
Post ID: @OP+JbC7ofM

1 reply

" Annual estimated revenues for HTSI are approximately $600 million."

Yet they sold to KBR for $300 million. This means profit margin is slim, very slim.

You can bet KBR will look to make cuts and combine with acquired HTSI to maximize efficiency. Hence increasing margins on that 600 million revenue figure. Otherwise why purchase HTSI in the first place.

by
| | Reply
Post ID: @bicv+JbC7ofM

Post a reply

: