Thread regarding Resideo Technologies layoffs

Money laundering?

We all know we aren’t really producing anything new or even groundbreaking. We keep having those paper deals and people keep getting promoted achieving really nothing. So where is the money coming from? What comes and goes? Anyone looked at taxes? That is really bizarre we can still spend so much on private jets, new billionaires locations outside Austin yet… all is just BS to fool investors. Something is not rigth. What’s next? Resideo a Chinese triad front? Indian unicorn front? ….meanwhile we know there should be layoffs at the directors and manager level … will not be happening.
And no whoever is talking about NPI… that’s not going to fix that, that’s nuts.

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Post ID: @OP+1bRK1uIv

8 replies (most recent on top)

Maybe not … too busy being the flashligth of matt. Was of edgardo and moobs before. Lots of practice….using people and pushing them under the bus (Especially if from software and being non BLR) is a speciality. He has NEVER complained about anyone from bangalore… let that sink… its not about capability its about… where you come from. Ask that anything be produced without threats or finger pointing against an org
And certainly let not take that model for AI…

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Post ID: @ismu+1bRK1uIv

Rohit is that you complaining again?
Try to listen instead of backstabbing and climbing on the corpses

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Post ID: @itku+1bRK1uIv

This thread was so d-mb that we haven't had a new one in over a week.

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Post ID: @agpy+1bRK1uIv

Doubtful... Toilets in Austin are full of funny chemicals... Well known. So it maybe a director that is seeing some funny stuff and fed up. Melville?
Don't know where the money comes from... but we haven't really produced any new products. -well established. Storm was announced and the PMO went to sink it. (after mismanaging it) AMZ cr-p is following, like DAS before. Meanwhile look at any of our competitors. More SaaS, more innovation. Even a below 100$ door bell video ring with free video outsmarts us.... If HON had not given their name (for a fee, as Hon Homes) we would be already in bankruptcy. Just the name is keeping us alive
So we mostly sell old products invented by Hon, or we remake it and put new plastic top.
well... I wonder if the private jet has also cloud of cokes or p-t in it to the point that pilots have to use oxygen masks... like the leaders at WeWork (yeah Resideo is also WeWork in so many ways in term of excesses... would be good to get a download of executives approved expenses.... (especially under generic entertainment... or other funny names)
While we are at it... Do we have an accounting of all expensive laptops? Some disappeared... and marked destroyed... and some directors sported new laptops at home... Maybe an HR letter asking all directors and people below to identify all laptops - especially those that were / are not managed. Managed is the key. As those are NOT managed - and there is no accounting....
Meanwhile... hey we should look at more new locations for HQ... lets not settle on just one more north. Where would the president and CEO would like to settle? What about the president Yacht ?
So maybe while the sales of the old resi cr-p goes on... who actually buys them and is it really sold to end customer... hmmm. .. But the fact that failures keep occurring with total impunity and no consequences... means... producing real innovative stuff is not the goal. Blaming Hon, is silly. Covid actually enabled more "sales"... and that saved Rezi.... meanwhile a whole layer is getting rich, steal equipment, marks them as destroyed and furbish their homes with Xboxes, Playstations, Giant screens , workstations (not much work for those...

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Post ID: @2vlw+1bRK1uIv

Do you actually do real work or are you the guy cleaning the toilets?

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Post ID: @1wnn+1bRK1uIv

For those that did not grasp it in 2017, we were dumped by our parent company because it was a money pit for them. They offloaded unwanted people and assets to us. We weren't cut loose to be successful. Anyone still clinging to the hull now is either waiting for their pension or just riding the gravy train for easy cash. Or both. As long as the cash lasts from the older products, it's a nice ride.

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Post ID: @fsx+1bRK1uIv

Ya. This job doesn't need a criminal conspiracy to suck.

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Post ID: @oun+1bRK1uIv

What a ridiculous post.
So where is the money coming from? Customers buy Resideo products with money.
Anyone looked at taxes? The IRS, many accountants, others...
Why did I dignify this post with a reply? Idk. Must be bored on a Friday.

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Post ID: @ook+1bRK1uIv

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