Looks like leadership finally screwed up the busy bad enough that the Board has hired chainsaw consultants to come in and cut the business to the bone. NdM and M.F. should be shown the door tomorrow. Fully expect, these chainsaw consultants to... — read more 

Yikes....lets take bets on how low this stock goes today. Maybe I'm wrong and it will go up...LOL https://finance.yahoo.com/news/resideo-technologies-rezi-lags-q3-003512417.html Warm Regards, The black hearted, Soulless one.

Its funny when we first heard like so many other posters have commented here it was going to be a good thing for the people at the former ACS division. Faster, Smarter, Better... All the stupid rules are out the door. Hmmmmm haven't heard that in a... — read more 

6xoa it very clear why a new CFO at $3M was brought in... the previous ran out of ways to legally spin this sinking ship, and the new one will have no issue spinning a new web of BS to keep the management in until their stock vest ... even junior... — read more 

I thought we already did...thought it was a gambling app. Its a gamble that it actually works or is actually up when you go to use it. Also, The geo fencing has been fixed +/- the western hemisphere. Plus, the new CFO is from a liqueur company... — read more 

When I see the number of people leaving the company and how all new projects are managed, it's difficult to stay optimistic about the future of this company. I see good people resigning every day out of frustration. Well put and so true. Most of... — read more 

Horsepower is Ryder's company. http://archive.fast-edgar.com//20191023/A22VF62EZZ2RLZZ222ZE2ZXNVUSMZZ22D2B6/ Pursuant to the engagement letter with Horsepower, the Company will pay Horsepower a bi-weekly fee of $115,000 as compensation for Mr... — read more 

How is Mike going to spin this during the town hall?

So they release "preliminary" numbers and look out below! Like releasing some now and some later will make a difference. What a truly valiant effort to spin this t ur d . Its also "adjusting" its EBITDA ....good luck. The fact you have no... — read more 

I was surprised to see KF on Friday's show recommend Resideo as a housing play. Interesting but I won't bite. Rather own HON here.

Disturbing numbers on Resideo's efficiency on use of capital: https://apple.news/AMkvtFK6-TmGsQvF1D6hdDw REZI has 0.4% Return on Capital Employed. Industry average is 12%, former parent Honeywell is 20%. I hope they get some products released... — read more 

As an IT architect, want to know what could possibly be this unstable, and is there any hope? I (try to) use TCC API to control humidity in vacant properties via remote thermostat. It is a little better in past couple months, but was out over... — read more 

Now that the 3rd quarter is over, is there any information as to whether it was better than the previous quarters or whether it did not live up to expectations?

cuts to contract service workers has already been underway. one contractor went from about 80 resources to about 12. As for regular employees - some have left on their own and the actual cutting is going to take place in two to three... — read more 

Massive losses for July and August so we hear. Lots of panic to get some quick cuts. They have kicked off project "Z" to reduce. Anyone have more details? Especially in India? Good luck everyone.

Looks better, award winning, works with their software and already available from a well known and trusted brand.

Don't listen to the "leadership" that was there for the Software "town hall" . They were planning who goes (about half). They arent replacing (not in US or EMEA). Get ready to pick up the slack. You may get offered a few extra Rupee because you... — read more 

resideo layoffs are happening right now good luck all

Recently: Closed Two Design centers: Beijing and Shenzhen Closed APAC sourcing Several hundreds of employees impacted

I've heard there might be layoffs happening - is that true? Or is it something else and people have misheard and are making a mountain out of a molehill?

This former CTO apparently did not have a university degree according to his profile, just a high school is listed. How did he ever get hired for any engineering position much less a CTO position? A bachelor of science degree is required on JDs for... — read more 

Can't imaging what next quarter announcement is going to look like.

I think we are all in for a bumpy ride the balance of the year.

They seem very quiet about when they will announce earnings. They haven't even announced what day they will release numbers. Seems to validate the rumors the numbers are crashing and customers are fleeing. I assumed they would be eager to... — read more 

Honeywell continues to report strong results while the homes business (Resideo) is struggling. I guess Darius knew what he was doing when he got rid of the business and the leadership that was responsible for the poor performance. Most of them are... — read more 

What a joke. Its clear sales are going way down and we are losing customers by the boat load. We "found" the money to make up for the huge drop in Q2 but what happens this quarter? Not even a mention of the multiple product release misses and... — read more 

Hearing some big news about "leadership" changes and more cuts and bad numbers news. Also hearing town hall will announce some half baked reorg in an effort to try and stop the bleeding from loss of market share and non-delivery of key projects. ... — read more 

The already cutting jobs for Rsi video technologies in France.

Wasn't he under investigation for mistreatment of employees and ethics and labor issues? Also heard he brought in some people as clueless as himself and some key projects are complete disasters. Anyone have insight into this?

With all of the layoffs in Melville, why did so many jobs suddenly get posted for there? A quick search for "resideo melville jobs" yields quite a number of highly paid engineering jobs. Many of these were posted right after the layoff. If one were... — read more 

So the entire sales force was just notified they have 48 hours to start paying for their company cell phone personally! What an id--tic move. Today their cell phone is the single most important tool they use as an outside sales person. Resideo has... — read more 

Looks like we have... 1) VPGM of key product line is leaving... 2) Deputy CFO and VP finance gone. 3) CTO on his way out...... Massive layoffs going on... huge delays and misses in key product releases...like not even close.

Hopefully they are trimming some fat at the top. There are too many highly compensated executives that don't deliver any value. We don't need highly paid spokespeople at this point. Products are late and we are falling behind. Don't pay people to... — read more 

Deputy CFO and VPs in finance got let go also. Wow...what an unstable company.

Nothing much happened at my location, how did the rest of you do? Were there more layoffs? Or can we say we are done by now?

I was in Atlanta. I hear rumors but I am not sure what's going on - I really hope everything turns out well and there are no closures or massive cuts. Good luck all...

https://twitter.com/TheLayoff/status/1138637280011096065

More layoffs through the week (probably to end of year here and there) with EMEA taking more hits tomorrow. I'm told they are still looking for 75M in order to save this t–d.....highly unlikely that's going to happen.