Thread regarding Resideo Technologies layoffs

Too many VPs making over $500K for a company struggling like Resideo!

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Post ID: @OP+13BbRfT9

7 replies (most recent on top)

Not op and not 1yfo.
Do people really think that someone is going to post very specific $ numbers from the system when that would immediately show how they got that information or which meeting? Some is obviously not through direct system access but most likely indirect? That would be silly. - please stop posting all those things about conspiracy theories with merger purchases and tons of BS. And focus on saving the Corp despite the current mis management ...and yeah there is a paranoia that there are bugging devices (no sh-t info) and portions shows up here. That has been discussed multiple times ..
And yes people are trying to plug the leaks about the real info, asking where and which to close it.... So stop trying to find out when the system was accessed or which meeting it came from -

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Post ID: @1coh+13BbRfT9

izc ... When you say "go look what the directs of moobs get paid no matter their titles", how exactly do we look that up?

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Post ID: @ccu+13BbRfT9

Mis management, typical for rezi. Why do you think the head gamers brought in all his friend moobs ? They smelled the $. It started with the COBoard...gravy time...and let’s not talk about the CMO... they are all in on it.
Go look up what those VP promoted under the former CTO were given... but surprise... go look what the directs of moobs get paid no matter their titles....
new developers in Austin were id–ts to accept such a low salary coming in...

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Post ID: @izc+13BbRfT9

@bhn - that is pathetic that people are making that much and destroying the business. I know some of our best salespeople are getting k–led financially because of the lack of new products continued lies to the customers. They won't be part of a RIF, but we will start losing good people with great relationships and they will go to competition for more money and actual products. Hopefully BCG does read this, because once these people are gone we will regain the business even if we do actually deliver a product.

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Post ID: @wcf+13BbRfT9

You would be surprised to learn how many people at Resideo make that much for doing nothing but mismanaging people. BCG needs to look hard at the VP layer. I wonder if the BCG geniuses read this site?

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Post ID: @bhn+13BbRfT9

That’s only a complete package that was offered to people like former CTO, CIO, moobs and the like as well as the people that got promoted by the former CTO and recently got demoted but got to keep their income.....
Coke cannot be expensed in the US but the rest is.... In the Rolle office anything can be expensed.
Gucci flip flop optional but offered.

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Post ID: @clo+13BbRfT9

I completely agree. They should have been given stock options or shares as part of their bonus, with a much lower salary. At this point, you really can't do anything except replace them. You can't reward them with stock or options at this low price when they were a big part of the reason it is in the tank, and lowering their salary will make them more useless than they were.

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Post ID: @ugq+13BbRfT9

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