Did you know that Blackrock Corp., State Street, and Vanguard(black hats} own about 20% of Hon. Layoffs are coming to Aero Glendale but when? November is coming.
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Elon is so smart he just spent $44B on a company that looses.money and is not worth half that. And he still hasn’t figured out that if there is not content moderation, it quickly delves into a sewage site where no one wants to be - including advertisers.
Elon Musk is too smart to buy this sinking ship.
Elon buys Honeywell he will get rid of 90% of top brass and see only improvements. DA and MM better hope the Chief Twit stays away or they will playing lots of pickleball.
wait until elon musk buys out honeywell; make an example even more like he's doing with twitter execs right now
The noted holdings are via Index Funds that do not take an active roll pushing for changes.
Layoffs at Glendale? VERY doubtful considering they can barely keep the employees they currently have. Turnaround is pretty consistent here, don't really see they have a need for that.
I think the main impact of Black rock, Vanguard, and State Street is the ESG aspect. DA has implied that there is no way Honeywell is going to back away from ESG at all. Those three have the power owning 20% of the Honeywell stock and they act in concert to push ESG. ESG has a limited life given that it is just a fad and is already fading and will continue to do so.
Layoff season oh boy this time let’s layoff the right people Honeywell need to make the numbers for end of year and not wanting to pay 401K money.
It's always layoff season at Honeywell but, that site has help wanted signs on the sides of the buildings like a McD's or Home Depot. Each new employee gets a pumkin in the new hire kit along with the worst health insurance any company large or small could offer, rats in the building and a cancer rate of employees that the CDC is inspecting for toxic chemical violations. The site is built on an old citrus farm and it is a fact the ground is polluted with DDT.
November is definitely coming. Thanks for the insightful post... /sarcasm