Thread regarding L3Harris Technologies layoffs

A Takeover. Call it what it is

Why is it that so far only L3 facilities are being closed ?
Anyone ?

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Post ID: @OP+1286PIgt

10 replies (most recent on top)

So the new building in slc is just for show?

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Post ID: @wnna+1286PIgt

So far only L3 facilities are being closed because they are L3 and Harris took over L3.

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Post ID: @wvjr+1286PIgt

@MClayton - because Harris just acquired Exelis and have already gone through the process of portfolio clean up.

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Post ID: @4ybx+1286PIgt

Cube is the guy who took over the company when Strianese left, notice how Cube took no stock options while Bill Brown has been selling all of his stock options? type into your google: "L3harris insider trading"

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Post ID: @4nif+1286PIgt
Pre merger L3 was a rotting mass of what used to be many independent companies under a holdings structure who independently competed against each other.

Wasn't the last CEO of the former L3 Technologies trying to corral all these independent groups together? Strianese was trying to but I don't think he abandoned the "holding company" model.

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Post ID: @3asf+1286PIgt

Interesting, although the stated reason for the "merger among equals" was to increase market share.
Pre Engility spin L3 was a 23B company, L3 had no inventory in Engility was all people was poor business decision.
Next was Cube hiring.
Finally, L3Harris agreeing to gave cube next President and CEO in 3 years.
Let me get this straight Harris around for 100 years, and Cube already demonstrated with sale of L3 no allegiance to corporate history. L3Harris will not see next decade I see a series of divestitures and their ultimate demise.

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Post ID: @3ebc+1286PIgt

its amazing the damage the cube has done... but the board picked him. my theory is they agreed to redeem his career after being tossed from LMCO in disgrace. A quid pro quo for being the hatchet guy

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Post ID: @3ooo+1286PIgt

Pre merger L3 was a rotting mass of what used to be many independent companies under a holdings structure who independently competed against each other. Customers were confused when different divisions of L3 bid against each other for contracts, once Michael Strianese exited everyone knew what was going to happen. They called it a merger on paper but in reality it is Harris taking all of the little L3 shops and consolidating them into a combined company which will not compete against itself.

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Post ID: @3fol+1286PIgt

Ha ha ha?

They keep deleting my posts! And I'm not mentioning any names, just trying to point out the possibility that there are evil motives at work here, possibly the result of some pre-merger agreement.

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Post ID: @3psw+1286PIgt

Exactly, the cube sold out L3T to the victor goes the spoils

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Post ID: @jtk+1286PIgt

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