Thread regarding Honeywell International Inc. layoffs

Honeywell Aero: What's the End Game?

Over the past several years, we've cut so much. Closed/consolidated R&O facilities. Cut support personnel. Outsourced and off-shored so much order processing and other support roles.

Our airline customers were growing like mad before Covid hit. There has been a brief downturn, but now all of the airlines are experiencing a V-shaped recovery, and are roaring back. Many projections are for 2022 to be the busiest year for air travel ever.

What's the end game for Honeywell Aerospace? Management seems to only know how to cut. There is zero interest in putting profits back into the company to make it better. Efforts to grow new business are mediocre, at best.

Will we just muddle on ahead, providing a worse and worse customer experience until our competitors take all out business? Is management just biding their time until they can sell the whole operation to a competitor, or maybe sell to Boeing?

When will the (self-inflicted) pain end?

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Post ID: @OP+1cbDUuR2

18 replies (most recent on top)

Stock price so the board is compensated and investors can sell off before its too late.

Honeywell is not a company, its a financial scheme. Never do business with Honeywell, they will do everything they can to sc--w you any which way.

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Post ID: @8vuk+1cbDUuR2

The end game is simple - cut fixed costs. What is a fixed cost? In economic terms, variable costs vary with the amount of output produced, and fixed costs remain the same no matter how much a company produces. However, since cutting genuine fixed costs (buildings, etc.) is both difficult and time consuming, Aero VPs deemed people to be fixed (or at best mostly fixed) to pretend they are achieving the metric. Bastardizing metrics is an integral part of the Honeywell culture.

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Post ID: @6tyi+1cbDUuR2

There will be 3 hubs- Florida, KC, Phoenix. All other current US work moved to low cost regions. Sell off old platforms. IMHO, non-leader working stiff here. Fewer US employees, more cash. Then scheme what to do next. DA keeps saying software.

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Post ID: @6tgz+1cbDUuR2

There have always been leaks in HoneyHell because there are times when even the execs can't believe the stupidity coming down from Corporate and they have to tell someone. Bless their little hearts...

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Post ID: @6aic+1cbDUuR2

Everyone is giving leadership too much credit believing there is actually a plan.

To paraphrase the AT&T commercial- “it’s simple”…..DA wants to have an industrial software company….designing widgets, manufacturing widgets, maintaining widget machines, and all the people necessary to make all that stuff work just simply does not exist in a “industrial software “ company

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Post ID: @4nix+1cbDUuR2

Whatever their scheme, make sure to have your plan. It is creepy how different groups are losing people fast from all the resignations yet those in charge aren’t worried.

Boss: “Yeah, John Smith left so you’ll just have to do their work”

Me: “Sure thing boss”

Me (2 weeks later): “Here is my two weeks notice”

Boss: “Okay”

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Post ID: @2cni+1cbDUuR2

If there is some "Grand Plan" hidden behind the curtains, complete with signed NDAs, I wish they would just get on with it all already. I'm sick of watching the whole circus.

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Post ID: @2zit+1cbDUuR2

@1xhk: Yup, he's been known to spin off problematic areas of the business to stand alone companies.

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Post ID: @1amq+1cbDUuR2

Speaking specifically about defense, look to what DA has said recently. Paraphrasing: If economic, social, and government constrictions make companies in this arena "uninvestable," then the only option left is to nationalize this type of business. And he is absolutely 100% right about that. I applaud that he's looking out for HON and the entire defense industry by tossing that barb out at just the right time. I infer that he has an exit strategy planned, at least in broad strokes, in case it becomes necessary.

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Post ID: @1xhk+1cbDUuR2

@1dnk has it right.

Pieces are falling into place. Just enjoy the show....

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Post ID: @1hik+1cbDUuR2

Simple- End game move is as follows:
Mad dog + one of the Karen's. Its all you need. Buy everything else from indy'er

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Post ID: @1eea+1cbDUuR2

No clue....unless I actually worked in a position on an Global NDA.....then I probbaly know know way more than you do and all the puzzle pieces are falling into place.....hmmm

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Post ID: @1dnk+1cbDUuR2

Slip on an Infinity Gauntlet, snap their fingers and make half of the employees disappear.

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Post ID: @nnq+1cbDUuR2

Oh ge-z. The sky is falling.....again. The ship is sinking.....again. Ya'll got any new material? This same ol' same ol' B.S. is still getting spewed? Not one of you doomsayers actually has a clue what's actually happening in the world right next to you.

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Post ID: @beq+1cbDUuR2

OP: Your comment "Over the past several years, we've cut so much": How long have you worked here? It's been going on for about 20 years in Aero.

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Post ID: @fev+1cbDUuR2

The end game is simple, if you've been paying attention. Reduce footprint to less than 20 sites, all consolidate into hubs. Why do this? Cut your biggest costs...people and reduce the overlaps in facilities to make it easier to sell. Who would want to buy a business with 4 sites doing the same thing? This aligns with 2 key strategies....become a software industrial where you make money with fewer people and sell off pieces of the business.

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Post ID: @auz+1cbDUuR2

My guess. Boeing has no interest in Honeywell AERO legacy products or business.

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Post ID: @tny+1cbDUuR2

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