Due to the all the new products almost on their way to be delivered, key directors with exceptional abilities have been identified for promotion to SR director and VP: This will occur within 45 days Amazing....
Topics regarding layoffs at Resideo Technologies
Think about it. All the hundreds and hundreds who aren't sitting in a building right now. BCG could push this one for savings. Rent, heat, ac, water, coffee and snacks, furniture. Even chairs cost a couple hundred each. Austin execs still cling to... — read more
Company is doomed. Honeywell just announced furloughs, so when does this morally bankrupt company start as well? Leadership flat out lied to all of us about the future of this company.
In an effort to save costs the company is looking at all tools. Since slack costs us 245k per year it is seriously being looked at since we already have teams. Plus slack was only designed for small teams and it is nothing but unmanageable noise at... — read more
Great call "leadership"...going with that 1975 model of waiting for an id–t to show up at your house and going away from DIY was pure genius....nice work. You guys are visionaries.
Like all the CEO, specializes in turn around and selling parts of corps.... yeah.. they are stilll bringing the same type of people. They are all turnaround gurus and all aim at s—ing rezi dry with their friends We are so blessed!
We used to get emails everyday and then it dropped off face of earth. I bet they ran off with some millions $$$ too
I can’t believe nobody has corona yet.. Any idea if number and location?
Copy and paste into browser or google “Kelly Loeffler” and “Resideo”. https://www.thedailybeast.com/sen-kelly-loeffler-dumped-millions-in-stock-after-coronavirus-briefing?ref=scroll
Sad times when the employees have been so beaten down that they are actually celebrating the company’s downfall and stock decline. Can’t blame employees for fighting back the toxic culture
Today we hit the $5 mark. We now can spend our way into those white elephant projects of moobs, midget Michael Jordan, fleshligth.... welcome Titan, Torch, Azure to AWS , the projects that stop all other projects! Expecting complains from those... — read more
The iceberg was struck on day one of the spin, but who will be the 1st to blame Corona for the inevitable plummet into the icy depths of bankruptcy?
The decision was to lay-off the entire site of Strasbourg due to their lack of skills Will be done by waves to be done by June Can anybody confirm this?
No longer on the org chart. So much for transparency and full disclosure by the top brass.
With about 15,000 employees globally, I would think some employees have been affected by now. Has anyone heard about any Resideo employees testing positive for virus?
Is watching resideo stock die. It’s entertaining If it survives this the nail in the coffin will be when they lose the lawsuits
I have been in many meeting where we discuss how to respond to the leakage of information -which prevent the surprise effect and augments the heat on many directors and Sr directors... who like to have other showcase their incompetence?... — read more
Plans have been done by global HR to use the opportunity that people are at home to lay-off more. Wrong haircut sometimes in 2018.. you’re fired! Told a director how to do something better ? You’re fired! Went in all four spouting id–tic non sense... — read more
The Final Countdown...
There have been no major new products since 2016, only some incremental also-rans and a few glaring flops. Magical mobile apps aren't going to fix that since nobody pays for them anyway. Grand paper architectures from Wikipedia architects aren't... — read more
but may not be announcement day yet
I'd question why we should keep every band 4 employee, and ask for a 30% cut in band 4s immediately. our foot print is pretty global and the majority of our employee base is in manufacturing. I'd make a deal with a hardware manufacturing group... — read more
The company will rebound
Hearing rumors that Resideo executive leadership and the Board is preparing for the potential for company restructuring under bankruptcy. Also hearing that leadership are being in given $$$ incentives for RIFing people. Geez...
Every real company is putting procedures in place regarding the virus. We haven’t seen one email regarding this. No that we need direction, we’re adults. But it’s just another failure as far as I’m concerned
Storm in a teacup seems not to be going anywhere. Starting with products that have no real strategy, can’t figure out what feature they want, can’t describe what they want except do it like another previous one to hardware out of control claiming... — read more
Never thought things could get worse than Honeywell (layoffs, furloughs, hiring freezes, merit increase freezes). But Resideo is definitely worse. We have all of the same plus not knowing if company will survive. At least we knew Honeywell wasn’t... — read more
Titan, lumina, storm all will be delivered in Q3 So all the noise was for nothing.
Any news when that famous CTO will show up? Where from? Any info? We had already 2 failures so this one better be good -for real
All these layoffs.....then you hear of these pinnacle awards and people getting taken on holiday for a week!!!!!! People want updated on what the hell is going on at town hall meetings not about people being taken on holiday all expense paid.
VPs with a lot of stocks/options are feeling the burn
Very obvious that they are just preparing the company to be sold (in pieces or whole)
Unbelievable. What a disgrace and somehow he’s still with us. Clearly he earns a massive paycheck for what? But maybe it’s better that he’s focused on everything else rather than continue to do damage here... — read more
Company is doomed...get out while you can
Disgusted at the thought of going back to this dump tomorrow
Looks like the numbers will show that comfort has the worst performance since under new “water” based leadership and all eggs are into the stormy basket. Biggest issues are as usual in the embedded development and hardware software integration. Is a... — read more
I thought there were no layoffs????