Thread regarding Honeywell International Inc. layoffs

What do you think is happening here?

Many moons ago, before I had whiskers on my chin, a salty old AirReasearch and Garret employee told me that Allied's Master Plan was to rent everything. Engineering Talent, Buildings and just license technology to other manufacturers. They dont want to pay the inventors for the benefits of the patents. That is where they extract wealth. Give a engineer a $1500 USD bonus for a patent, Have him team someone in a low cost region all about the tech and then lay the inventor off. Then pay the absolute cheapest supplier to make it and rake in the cash.

How is that working for your massive past due?

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Post ID: @OP+10Txekj9

4 replies (most recent on top)

To the OP: The old salt was spot on!!

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Post ID: @3fly+10Txekj9

Yes it has been happening. HBT has accelerated the use of contract design and manufacturers. All the local IP is gone.

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Post ID: @2xjc+10Txekj9

Really? no one has a comment? Come on this is how you make your money and they are eliminating the US workers

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Post ID: @1qrb+10Txekj9

For the record Mr peach fuzz - AiResearch

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Post ID: @1lbe+10Txekj9

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