Lot of chatter about boeing closing major defense production
Ines like the F18. How will this impact honeywell?
3 replies (most recent on top)
Sooo, if there aren't any F18 orders why would an OEM keep a production line open?
I guess I'm just not as smart as the other posters.
If there are so many other better opportunities available why are the folks not leaving Hon???
Why, oh why, am I soo confused?
Honeywell will continue to fleece its employees, shareholders, vendors, customers, and taxpayers through outsourcing, M&A, HIPAC, low pay and horrible benefits, net 360 payment terms, and non-compete clauses. Darius and his cronies will continue to line their pockets via the smoke and mirrors shell game financed through debt, selling product lines and facilities, and massive stock buybacks. Watch out for the next big swindle: the employee health care fund. Honeywell will switch from self-insured to some fly by night insurance company of which Darius is a board member. The money paid into the fund by the employees with then be liquidated minus any administrative costs. The remainder will be used to pay giant bonuses to the execs. More h00ker$ and bl0w for all of them!
No impact. Honeywell makes it's money screwing employees, closing locations, repurchasing stock, and selling real estate. Oh, and robbing the tax payer with fly by night schemes like makeshift mask factories that leave town as soon as the check clears.