Thread regarding Honeywell International Inc. layoffs

Honeywell borrows $1.5billion. What does this mean? Is this something we should be worry?

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Post ID: @OP+14q3WFhH

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As stated previously, money is ridiculous cheap right now. They’ll probably use it for more stock buybacks or to artificially increase dividends.

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Post ID: @2jvu+14q3WFhH

No don't worry. However, take well planned action and better yourself. Move on, be done with this mess.

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Post ID: @2hqr+14q3WFhH

Because they spent it all on buybacks now they don’t have money to weather a storm responsibly and have to find a credit card is what it means.

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Post ID: @fts+14q3WFhH

Exactly. Money is cheap right now and they are taking advantage. Don't worry, if they get into a bind they will just layoff more people to pay for the debt maintenance.

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Post ID: @khw+14q3WFhH

Management needs more money for their huge bonuses.....that is what it means.

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Post ID: @inw+14q3WFhH

Money is incredibly cheap, and it’s not unusual for companies to carry that kind of debt even when doing well. They had $10 billion in cash at the end of 2019, so they’re not in any distress.

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Post ID: @dkv+14q3WFhH

EVERYTHING this company does should make us worry...

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Post ID: @rai+14q3WFhH

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