Thread regarding Honeywell International Inc. layoffs

Does Honeywell have the cash to do a greater than 10 billion stock buyback? I don't know, but I wouldn't be surprised if that is about their limit. I feel that Honeywell is struggling.

Why did they go for a $10 billion stock buyback. They should’ve went for a $20 billion stock buyback.

These young people are eager to get promoted. They will work extra hours as we lay off office people, and production workers. Where is my glass of Kool-Aid.

Q1 must really suck.

So with this strategy they can in the short term make earnings growth look stronger than it really is as on the books it will increase earnings per share.
In reality it will deprive the business of liquidity and ability to develop the business or react to variable market conditions.
This is yet another tool to control the precious stock price on which executive level compensation is based on, meanwhile the actual business is being mu---red as more capital is pulled from product and business development as we have all been witnessing to a near criminal extent. Man this will fill some pockets at the top and empty those below as usual.

Honeywell YTD Stock Price Performance: -/- 9%. GE +49%, Siemens +11,15%, ABB +11%, Boeing +4%. This is the only reason why DA is leaving earlier than expected. A 10B buyback is just there to stabilize the stock price. Hence, executive bonuses.

Honeywell will buy its stock back. Sounds so wonderful.

I’m glad you guys work all your overtime. Extra long office schedules. So Honeywell can do this, I’m sure the new CEO will be happy. They would’ve never been able to do this if they want to give you a really low raises. Your slaves. Keep up the good work very

Google just announced a buyback. I am going to stop using Google search from tomorrow

Yep, brilliant strategy for long term viability:

https://www.cnn.com/2023/04/25/business/bed-bath-beyond-share-repurchases/index.html

This is why I continue to do the bare minimum. Scr3w this place

People know the part I'm playin'
Pay for every dance
Sellin' each romance
Oh, what they sayin'?

That number includes 2.1 billion previously authorized that hasn’t been spent yet. Sorry for babbling. This is just mind boggling.

DA’s farewell bonus….. worst ceo ever

Buybacks mean they see no good opportunities out there in the land of acquisitions… aka “we got nothin”

Let us protest by doing the minimum
Let them know that we know they are screwing employees and exploiting their financial needs to support families and children by not contributing to the profit margins of honeyhell
Do not bicker with each other, but point the spears upward where the problem is
Take your actions to get it back to them