If you worked for a company in the last five or so years that was acquired by Honeywell, let the employees of companies like Rocky Research, Ballard Unmanned Systems, Sparta Systems, and Sine Group know what happened to your job and company after the acquisition.
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Simple. First expect layoffs
After that low pay raises. Followed by layoffs
Then more layoffs. Maybe a few furloughs. Then back to layoffs
Waiting for my severance package now...
Just had our 'Welcome Party' and basically being told - we are in no man's land for a year. Benefits will take 6 months to be arranged and a whole year to fully integrate and be able to access a Honeywell system or email. No plan to adjust or correct pay discrepancies for a role until 2022.
Once they have absorbed your technology the work will be offshored and you will be removed.
Expect half of your sales force will be gone by the end of the first year. Another quarter of the sales force will be gone by the end of the second year. Honeywell will add the cost of the purchase of your company to your company's future product sales. Your company will instantly become the most expensive option in your sector and therefore declining sales and losing market share.
Some small but important department will be let go within months. The other departments that will have to pick the work from this deleted department will fail miserably. Costing long time loyal customers.
At the end of three months, you will be thoroughly trained in various kinds of workplace harassments. Any trending social/political cause will require another round of training.
You will see valuable and respected managers sidelined in favor of a clueless Honeywell sycophant. This person will then make unreasonable/impossible demands out of ignorance and then drive away even more valuable people.
Other than that, "Welcome to Honeywell!" Check back here often. It can be quite entertaining and informative.
You will feel like rock stars for a couple months, then the reality of your situation will set in.
You were bought for your technology/market space, not your people. If it takes more than one year to eliminate all the people, it will be considered a failed integration.
High Blood Pressure.
When UOP was acquired they talked about the veil of separation. And we love UOP we don’t want to change a thing
First layoffs were two weeks later. We were creating the multi year layoff targets with 60 days
Cost reductions were the rule within 6 months
Veil was gone instead it was the gauntlet we were running
Stayed for the pension but that ends in April when I quit at age 60 or get a severance offer
Honeywell will 1st try to connect you into some other part of the business to offer some sort of package. But it will be sloppy, sales will struggle, so they will start closing down parts of the business model to focus in the most profitable pieces. Eventually, so much will be eliminated tgat the entire thing becomes worthless and any ip sold off. (Honeywell Forge is a great example of this.)
Unless you are the CEOs pet project, if you think you have some amazing new technology coming out, its dead. Honeywell does not invest any RnD money unless you can prove that make a profit in 1 year or less. RnD will be limited to reducing manufacturing costs only.
And your manager/management can't control any of this.
- Everything about your role will be assured by integration team "will not change"
- HON does not want to break the "new toy"
- Given the HON acronym list to "speak the same language"
- Weekly reporting from different functions with "redundant request"
- Told to "accept accountability without authority" in new org chart of functions to eliminate knowledge of compensation
- Synergies to eliminate redundant cost and "big talk" about 100 slide decks with 90, 120, 180, day integration task
- Suppliers that were paid on time learn that they will be "paid in 120 days," most ones know HON slow pay delays will no longer be responsive as they look for "better customers"
- Your benefits will "decline"
- New calls with "Center of Excellence Teams" in China, India, Mexico, or Romania
- You will be encouraged to lower the bar on your metrics in order to "show improvement" in the next 2 to 3 years
- You will be working "more hours" as peers leave to cover their workload
- New leaders from HON cronies will arrive and assure you, "it's okay just day a few more months, but document your duties"
- Customers will complain about your "drop in service"
- Missing revenue targets, you now have a "stretch goal" and the AOP is reworked every month
- All hands meeting with a few "token good job" on a slide
- Need names by Friday for "mid year restructuring plan"
- You realize everyone at HON is looking for "another gig" except maybe APAC or India
- "YOU are part of the problem" based your "tribal knowledge" and lack of "kool-aid applause" at staff meetings
- Revenue is flat and your competitors are "growing share"
- Your health is wrecked, stress level is up, working more hours, and getting "less done" while your name is on the next RIF list.......Integration at 360 days complete
Expect nothing good and you will not be disappointed.
I am not disagreeing, but can you list a few examples in which DA is much worse than DC. Both are greedy.
In my opinion, the current ceo is one of the most disgusting things (human is not what he is) I've ever come across in my life - and I mean that from the bottom of my heart.
I've worked for a number of companies in my career, and I can say without hesitation that Honeywell is the absolute worst place I've ever worked. The leadership culture is thoroughly toxic. There are some fine people among the worker bees, but many are beaten down by transgression after transgression on the part of management. They have eliminated or whittled away at anything and everything that could be considered a benefit for employees.
In my most wretched nightmares I have not encountered such a horrid workplace. Nothing you do will ever be enough. If you are Band 4, you are expected to be available 24/7. The HR website is a joke.. in fact the search engine for the whole company's intranet is so lame you'll never find anything.
They've already RIF'd the people who you'll need to help with projects, so you might as well learn how to code yourself. You are not a person - you are just a dot on a director's dashboard. I cannot overstate what a horror it has been to work at HON. My honest advice is to go to work somewhere else if at all possible. Otherwise...Welcome to Honeyhell.
They will be lured by the “we won’t break you” line only to tank everything that was good about the company.....Rip CDV, fun while it lasted
They should expect to behind over. Daddy D is in the house.
Depends on the country of origin.
For Asia Pacific companies expect to be showered in money and fawned over during reviews.
For US companies expect your health care cost to triple and be dependent on sharing things like BMI,T-b-cco, and now I would expect your vaccine record to be included in the data you must turn over to Honeywell literally with blood.
If you have existing education benefits kiss those goodbye. Honeywell lured me with a paid for masters degree and then cancelled the agreement so I am stuck trying to pay for a Georgia tech degree on my own or start from scratch somewhere else. Cya Honeywell.. I took a much better job to cover the cost.