Thread regarding Honeywell International Inc. layoffs

I would expect to see more consolidation within HBT

There have been lots of big leadership changes in HBT over the past 2 years. And it's still broken.

I would expect to see more consolidation within HBT. Eliminating or absorbing businesses.

Forcing people choose between relocating without compensation or exiting.

Eliminating positions and forcing people to apply for some other role.

No head count increases in NA. Closing down small offices.

Work being pushed to contract design and manufacturing houses in China.

If you're over 50, NA male and have a pension, you're way too expensive.

They need to look for ways to fund the ongoing redbull and pizza party in Atlanta.

I agree with @YDPltsm-1zog . A very possible scenario

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| 1915 views | | 4 replies (last April 24, 2019) | Reply
Post ID: @OP+YEf0cXC

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Yep the future is "find another job" because there is no future here.

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Post ID: @5hnt+YEf0cXC

During stock holders earnings call with the analysts Darius repeated the same message

Stranded cost reductions are not complete. They will complete this year. The split of remaining stranded costs are 40% HBT and 60% in Corporate

That doesn't mean no RIFs for other areas, just no stranded cost RIFs. The other SBG RIFs will occur for normal Honeywell reasons- to meet unrealistically high earnings per share and profit margins. Darius mentioned that in the internal town hall about reduction in labor costs. If you learn the language of earnings calls and town halls you can see the future. And the future is bleak

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Post ID: @5kjz+YEf0cXC

Think again... It isn't just "over 50, NA male that have a pension". All NA employees over 50 are too expensive.

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Post ID: @3mci+YEf0cXC

Good luck with your new HR leader!

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Post ID: @2acc+YEf0cXC

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