Thread regarding Honeywell International Inc. layoffs

John Boy "JW Jr." Has an excellent track record. Buys winning companies and rides the wave of self promotion. Breaks it, destroys it and blames the destocking distributors, big projects, and change management as a "head fake" then buys another bolt on toy,

Good thing we have JW at the helm. Otherwise our results would have been much worse. This is when a leader like this earns their money.

Walden's a bully. How far he fell from Division of the quarter to nada. You can't decimate the ranks, force people to move and expect it will all work itself out. Not to mention his "Buy Honeywell" strong arming thst worked once but with no follow through didn't work again. He should be working his resume like the rest of us waiting for the RIF probably BEFORE March 13 so he doesn't have to pay out on our bonuses

Analyst question: A couple of quick ones from me. Just on the productivity products, A little surprised to hear you're not expecting a return to growth to the back half – into the back half. The comps are very easy in the first half. Do you feel like you have the product that actually drives the business and kind of take a little bit better control of your destiny relative to kind of just with the noises going on, perhaps, in the channel?

Response: "So to be clear, I am expecting a return to growth in productivity products. So I think we – I think we've got our signals across somewhere. And just to give you some very specific data points." …..spin it...

"But actually, I'm very pleased with the kind of progress that's been made, the team that we now have there in place and the products that we have to the marketplace."

Reality: We are losing share every day to Zebra, Datalogic, Sato in that space. Big projects in material handling to Dematic and even though I came from Metrologic HON is a 1 trick pony on out sourcing and don't have a clue how to stop the hemorrhaging

Anniston did its part. They still gonna close us.

In Safety and Productivity Solutions, sales were down 11% on an organic basis driven by lower sales volumes in productivity products, the impact of major systems project timing in Intelligrated and lower demand for personal protective equipment. SPS segment margins contracted 330 basis points year-over-year to approximately 13%, similar to prior quarters, as a result of the volume deleverage in productivity products and personal protective equipment.

Within our Intelligrated warehouse automation business, as we expected, sales were down double digits due to difficult comps and the timing of several major system projects. 4Q and 1Q are the 2 most difficult quarters that Intelligrated will face as sales were up nearly 50% in each of those comparable periods.

As we discussed in our last call, the orders pipeline has been robust. And for the second consecutive quarter, Intelligrated posted significant growth with orders up over 100%, which contributed to more than 30% increase in the backlog year-over-year. This positions the business well for 2020 as these major projects begin to drive growth starting in the second quarter and beyond. Importantly, Intelligrated aftermarket service businesses continue to benefit from our large and growing installed base with strong double-digit sales growth for life cycle support and services.

In productivity products, we continued to see distributor destocking, but inventories are now approaching normalized levels, and we expect the business to return to growth in 2020. We have taken significant actions to address the challenges in this business as we have discussed previously, and we are seeing improvements in our commercial operations as a result, which is reflected in the sequential sales growth compared to the third quarter of 2019. We're optimistic that we'll continue to see further improvements in the business throughout 2020.

In the safety business, organic sales for the quarter were down 5% as continued demand for our gas sensing products was more than offset by decreased volumes in personal protective equipment and softer demand in the retail business.