Sadly yes more "efficiency " is planned called OEF. Organizational Efficiency. Basically how many people you reduce. Corp IT plan for 2019 has significant cuts initially planned for each of the first six months. Including some Band 4 employees before March 8 so hey don't get their bonus. While legal it isn't pretty unethical. But ethics at Honeywell is a dirty word. Projects across the board were cut 30% so likely RIF targets are at least in double digits over the four quarters of 2019
They are also planning RIFs based on Hub strategy and forcing remote site employees out. That HUB strategy was actually on the STRAP which is the strategic plan but showed very tactical layoffs starting in January. And I am sure other Corp areas will be impacted. They have been also hit us with the "Must move to Charolette" or lose your job.
Corp Finance has also given ultimatums to small teams already
And Darius roof top consolidation plan is to reduce sites by at least 50%. He as publicly stated that in Investors calls and quarterly stock holders earnings calls which are all open to the public. Oddly he doesn't bring it up at internal town halls. ;)