I would like to take this opportunity to chime in on this topic. I have been known to post information in the past in order to inform anyone reading these pages of upcoming actions. As mid level managers, we are not typically in a position to influence RIF numbers or participate in meetings relative to the general direction of the business. We are for all intents and purposes, "hostages" the same as the rest of the employee population. I use the term hostages somewhat loosely since any of us can leave at any time but my point was this; please don't be so quick to villify managers. Sure, some of us are dishonest and conniving, but there are others like me who want to give the rest of you all as much information as possible not to stir up anger or resentment, but to educate.
As hard working, dedicated employees, you all deserve much better than what HON is giving you. That's why I chose to post emails and information. I felt it was unfair and backhanded for the ALT to hide things that directly affect you.
That being said, as most of you have figured out, the direction of the busines is changing. HON is getting out of the repair and overhaul business, the production business, and the employing people business. Some of you may recall the email stating that Honeywell is transforming into a leading cyber technology company. In shirt, Honeywell is going to be selling licenses to 3rd party companies to build and support "Honeywell" products. This eliminates the need for ISC, most of engineering, customer support roles, inventory, etc.
The 1st step is to eliminate or mitigate legacy costs. In other words, retirement cost exposure. This why changes to the retirement policies continue to roll out. This is aimed at forcing older employees out but also limiting the cost exposure in the future. Other changes such as vacation policies and working from home are both aimed at forcing attrition.
Honeywell is not concerned with the "brain drain" because this knowledge is no longer needed as the businesses are being sold off. R&O, engines, etc will all be sold.
What does this mean for you? You can try to hang on as long as possible, or you can leave. Many are not in a position to leave but others are. The conditions in the company will never improce. This is as they say, the new normal. There are no plans to cease cost saving measures in the near future. Many more RIFs and furloughs combined with the upcoming changes to the retirement policy will continue.
Everyone must do what is best for themselves.