Looks like the list is set for increases of salary and bonuses All directors have an increase from 3-18% putting most in the 245k area. 15% bonus is also coming Nobody has suffered from the debacles or tardiness for storm and quicksilver. Actually... — read more
Topics regarding layoffs at Resideo Technologies
This is the beginning of the end: , a security company spun out from Honeywell, began offering about 44,000 square feet for sublease in Melville last month, said Cushman & Wakefield's Long Island executive director Phil D'Avanzo, who is... — read more
Announcement to offer 17M shares to pay debts. So I guess we still need to raise money?
Here at Resideo we want everyone at the top to get loaded in a perfect FLIR and CEO fashion. We have at least 5 VPs for software related stuff with functions that sound like jokes. And no less than 12 directors of various titles. Gravy time. But we... — read more
Anyone has more info on the next reorg?
Company was able to make some money and pay it's debts.
Johnny the lowest VP that came from the mafia of cronies (he is not in the circle) has created a recovery plan and will show us how to recreate his small custom app. If he can overcome the drinking (he can match the drinking of Moobs) which caused... — read more
Anyone know who at the sr director level in engineering that quit? Anyone sane is running away or quits almost immediately . New management by CEO and his sidekick ... is so toxic and so obviously into cronyism.
We at RSI support our USA RSI colleague for CTO. He showed the incompetence of the CTO who quit. Showed the incompetence of the former president Managed indirectly teams especially the former engineering leader in Mougins who came often for... — read more
Does anyone REALLY know if layoffs are starting next week? NO fake news please. Just people with real data/evidence from those "in the know".
Easily the worst 2 years of my career.
As I drive in Melville .... I know the FLIR team will be impressed by me and my friends. I managed to make the first CTO believe in air and water (I got stock for the purchase) , gave the second gamer a Titan high speed going in circle, and made... — read more
Anyone care to post about the adventures of the FLIRing tram?
Hearing Engineering is telling new leadership to cancel the project. WTF? All comfort product engineering leaders should be fired.....but of course they will get raises.
Wonder how many more friends they have that are needing jobs. Guess we should be looking through their facebook account to see who they are going to hire next.
Let's hope the star of Melville that did a great job doing Quicksilver will now do Titan. Should be done in 5 years. Guy is super smart......Ademco style.
Rumor has it the new Engineering guru from GV already leaving. US bosses has zero idea for company.
Sometimes it is better to just move on.... after demonstrating for the past 2 years that not much can be achieved while raking in stocks... she does thank all those team mates that never really delivered....but she did not want to fire
So, in the last 12-18 months we have fired the CEO, CFO, CTO, President of P&S (twice), and a few VPGMs. Most recently, with the firing of the President of Products, we asked the chief transformation officer (whatever that means) to step in and... — read more
So after 8 months, the P&S leader was fired. More changes are coming, IMO. Guessing Software and Engineering is next.
$129 price point https://techcrunch.com/2020/10/12/nest-launches-its-129-thermostat-with-a-new-design-swipe-and-touch-interface-on-the-side/
If so, how are you doing on getting interviews? I've been trying to find an alternative for the past two months, I've sent out my resume all over the place and I'm yet to get an interview. I'm trying to figure out if it's me or if the economy is... — read more
Security throwing a party for release of pro series (I think code name GRIP) about 7 years later. We (ADI) have been carrying this company.
It has now become apparent that our current CTO is incompetent, like he was in every job before. He is not able to do anything without the approval of 2 former CTO from Honeywell. He can’t think for himself . Both previous CTO at least were able to... — read more
I haven't heard much about these and they were billed as the end all be all that was going to save Resideo. As an investor I'm curious how these are doing. I think Storm was another one...how is that?
Resideo is the Latin word for "left behind". "Nemo resideo" = "No one left behind"
CTO is leaving and a Dir level from the software group in Austin will replace.... Can't even get stuff done without begging his direct reports and they can play hard ball even better ...so whoever said he is gone soon... were spot on. Another fake... — read more
Why has no one been holding Honeywell executives responsible for creating two spinoffs that are failing because they were under-capitalized with junk rated debt and ginormous Honeywell liabilities. Neither spinoff has been making payments to... — read more
Looks like the new anointed CTO is following proudly the steps of predecessors... Again the same people directly below have managed to do what they did to the CTOs before. BS everyone... So ... trust the same people that brought us where we... — read more
Proposed numbers: Melville : 67 GV: 21 Austin: 2 Outside US (Mexico France India ...) : 418
While rezi spins and spins and directors play politics in Melville, GV and Austin , Google has a hub and moves forward. Besides some c-appy deals where we have become a hardware vendor ... we have nothing... So sad to see the decline.
They boot Resideo and look at the great things that happen for them. Dave Coty and Darius must be very proud of themselves
In Melville, GV and even Austin. I’m not sure how much is left to cut but this has been confirmed. Anyone know if they are going on all week?
Second week. Everyone is trying to get much time with the new CTO. If you haven't met him yet you better do it fast. Every director that matter is going for talks to influence him their way. This week has been full....
After the failure of the security business and to avoid layoffs in the ranks the austin ship is considering laying off instead those leaders of engineering that haven't been able to do jack in 2 years except s—ing up to whichever CTO and messing... — read more
New CTO, new opportunities by the people that thrives under the former CTO, then moobs to backstab and push themselves above other. It has worked for 2 years so why not continue .? Any nicknames ?
Did anyone notice in the 10-q that R&D got moved under SG&A? Is that just to make the op numbers look better or is it to make chopping R&D easier as an administrative expense?
First consequence of the ineptitude of engineering and marketing of the security side: plan drafted to close portions or most of a couple of sites. No VPGM down to directors will be affected by any cuts.