Thread regarding Honeywell International Inc. layoffs

Without new products to drive that growth...

Not my post, but it deserves a solo thread (it's from a thread below): Honeywell forces managers to rank people by arbitrary rules like “amount of overtime worked”. Often this requires putting good, or in the case of the manager referenced, who was well liked across all of aerospace— industry level great— people on a track to be fired. Simply telling a brilliant employee that they are in the outer L is enough to set this in action. The employee is angry at the obvious lie and the manager has no choice but to seek justification for an immoral act. dissonance.

I have seen it dozens of times over the last 30 years. I don’t think managers fire people out of spite.. I think they create those negative emotions because they have to fire someone.

This is cultural in Honeywell and it cannot be fixed unless the company begins to experience real growth again. Without new products to drive that growth the company workforce must shrink to meet revenue goals.

So.. look around and ask if there are new products likely to drive growth. If you don’t see real potential from new products... make a decision: either be content with diminishing rewards and increasing work or find somewhere that is growing.

I made that decision recently and joined a company that is growing. I get paid for my all of my work. I can see the progress. No more BS. I am INFINITELY happier.

Now I’m on a mission to make this site the number one result in any google search about a honeywell job. Why..? Because those immoral acts left me angry and spiteful. Now I get to direct that toward the source instead of my employees. I expect it will last a while.

by
| 1908 views | | 3 replies (last ) | Reply
Post ID: @OP+11LcZfaV

3 replies (most recent on top)

Hon leaders don't want to make things, we are now a software company. Make up catchy slogans and ads for WS, Sell assets, lay people off, turn assets into cash. Use cash to buyback stock so leaders can get value from their options and stock. The IBM model. More employees in India than US and #1 product/service is buybacks. Works ok until the cash is gone. HON leaders want a much smaller company and hope they can move into royalty/licensing model. All these employees and products is hard work for them.

by
| | Reply
Post ID: @muqe+11LcZfaV

"If you shoot the hunter, then there will be no meet on the table."
1) Now look around all the boys who were bringing in business, talented engineers were innovating are leaving or being pushed out for what ever reason.
2)All the boys and girls who could not cut it in engineering schools have become managers, only to push out the smart ones that got better grades then them.
3) Moving key strategic position to India, does not make sense. It was american culture and leadership that built the aircraft.

Innovation + Leadership + sales = growth. The fundamentals are gone. The only pathforward is cost reduction to meet quarterly targets. Thus:

  • no need for expensive innovative engineers
  • sell the buildings and lease them back
  • over drive employees on customer program to yield revenue
  • consoliate sites
  • cut R&D

The leaders are tied in with their stock options, they only need to make it three or four years to cash in, so they will do any thing to get the stock up. Get out and buy honeywell stock

by
| | Reply
Post ID: @mpmv+11LcZfaV

Agreed, the EEI (or whatever variation applies) is honestly the dumbest metric imaginable and an insult to even a nominal intelligence. I too chose to apply my talents elsewhere. Best decision I ever made.

by
| | Reply
Post ID: @nae+11LcZfaV

Post a reply

: