Are we doing good ( no layoffs or riff ) Or will we go through the cycle again? If not clear and present danger info please !
Only bad eggs
I’m so glad Melville has time to play egg drop instead of developing new products. I’m embarrassed to be associated with this company and everyone who was behind this. It’s about time that Melville is closed down
New security device
Finally we are going to produce a new security device in France. This one will have BLE and wifi6 totally integrated . It will also include an entry point for any thermostat specific to mainland Europe
DATA coming back
Looks like the data is moving to be fast on a fast track to bamboozle and dazzle again Yeah baby! Lets go!
writing is on the wall, just follow the money
all public info, mostly based off of sec filings by resideo in 2024 and rezi public news put everything together and it's not hard to figure out what's been happening and what will happen next: most core operating functions decentralized to each... — read more
Resideo, Garrett etc…
One interesting thing…. 3 corporations were jettisoned by Honeywell . Those 3 are failing or have failed already. Each specialized in some niche area.. resideo claimed software (China can produce better and faster security and home products) and due... — read more
exit strategy?
all public info... let's look at some math to try to understand what's going on with rezi according to the latest earnings: rezi has ~$531m in cash and cash equivalents generated $147m in operating cash flow during Q3 over the last trailing... — read more
Connect is bankrupting Resideo
Another year of wasting millions on hotels and drinking and partying . How about we spend that money on new product development and save this company?
P&S Delivers
Impressive results for P&S. Exciting times to be a part of the business.
November/December layoffs?
I heard we might be looking at major layoffs at the end of the year. Does anybody have any info on this?
CD&R is at play!
public info yesterday resideo file a SEC form 3 and a form 4, both are available on resideo's investor page as well from sec.gov. copy and paste them into chatgpt or whatever AI and it'll tell you what it's about. here are some highlights: the... — read more
Termination
Looks like we are going to cancel the fellow program in the USA. It was about time as this was more an hindrance and a political quagmire that has precipitated the downfall of many good employees Maybe the loosers who are friendless can move to... — read more
the magic is in the 8-k
all this is public info, so hopefully it doesn't get removed/censored. if anyone wants to know what's going on, just look through all the SEC 8-k filings. it's available on rezi's own investor site as well as from the sec. what's interesting is... — read more
big change in software ?
Who is the new king of Resideo Software circus ?
REZI top management report card
It sounds like there are significant issues within P&S under the current management. Here's a summary of the key points and concerns based on the text: Management Issues: - The first wave of management was marked by cronyism... — read more
What makes someone untouchable?
It can be quite frustrating to observe someone in a leadership role who seems to move from one position to another without achieving significant results. This individual, an SVP, has transitioned through various roles but has little to show in terms... — read more
Innovation
Thoughts on “the workshop”? It is a good place to add ideas, but none of the Resideo leaders are engaged. Every new product we try to develop has its schedule cut in half so no new ideas end up in a product.
Who is driving the resideo clown bus?
Who is actually in charge? Truly in charge not talking about the org chart.
Snap to it
Is this acquisition going to be as good as Brilliant and Buoy? Someone please rat out whoever is getting kickbacks on these deals
Bootlicking brigade
After software which team is keen on being in the bootlicking brigade of resideo?
Key west or key worst?
I think our most overpaid employees are currently partying away in Key West as the company sinks
Hope
Can we hope to make resideo great again? Like it was when Honeywell was there?
CEO Pay Ratio for resideo
Based on this information, for 2023, the ratio of the annual total annualized compensation of Mr. Geldmacher, our CEO, to the annual total compensation of the median employee was estimated to be 413 to 1. For the most recently reported fiscal year... — read more
For sale
Resideo is in discussion with a buyer. Not sure which part or whole will be sold….maybe that’s for the best. Many that knew about this are taking their retirement in the summer
Snap your fingers
Big acquisition news! ADI is going to be the biggest baddest distributor in the nation. Bet you that ADI gets spun off soon and big bad Rob makes a billion off the sale
Parking lots issues
If the Honeywell could stop this constant obsession with a SS VPGM and obey the orders of the pmo VPGM we would be saved
Never again
After I was fired from resideo for no reason I went deep…. I was made to believe by my director that I didn’t do everything he asked and my number came up . I was told after I left that my director instead of taking responsibility for stupid... — read more
Projects are ongoing
Project adware rohits and software Somalia are merged
Lay offs
Eveary year around this time the big shots make lists of people to cut. Who is on the list now? Get back to work kissing up so you can stay.
Horror
I was so happy to get a job at resideo…. But after a month I realized that when I scratched the heavy lipstick on resideo, all I could find was an old and fat pig. What do I do now?
The rich get richer...
Resideo Technologies has awarded Mr. Robert Aarnes, President of ADI Global Distribution, $5 million in restricted stock units as a retention incentive and recognition of his leadership. These stocks will vest over two installments on the third and... — read more
I'm so happy I changed my whole approach when leaving Resideo
I was desperate to leave so in the end, I decided to look for something new without stressing about my paycheck. I found something that sounded really interesting and as a bonus, it let me branch out in my field. The loss of constant mental stress is... — read more
Sales kick off was a dud
4 big themes See it Own it Solve it Do it What a joke!
Not up to snuff
T4 crapped out during the cold weather, and building maintenance replaced it with a T1. Their words "We've had trouble with all these program thermostats, that's why we replace with this basic one". I asked to see the bad stat and saw a 22 date code... — read more
Storm
Resideo EMEA Sales should have been surprised, considering the sucesss of the project storm, that this was used as a communication message. Hopefully the ourcome will be better...
Why?
Why is melville not closed down yet? We would save a lot of money!
Staff realignment in golden valley
They will be staff movements in golden valley before Xmas
Ford and Resideo Launch ‘EV-Home Power Partnership’ Project Driving Vehicle-to-Home Energy Management Benefits for Customers
It’s great thinking like this that will send this company to bankruptcy very quickly. But then again pickup trucks are very popular in Austin
We are Resideo for now
New title means that last one is gone. Replacement comes from the FL IR flyers. Fly in to save the day. Watch out fly in flyers will start chopping heads of anyone backstabbing.