Thread regarding Honeywell International Inc. layoffs

From Honeywell's article , just each company trying to make it look like they got a better deal

Purchase price of $4.95 billion represents ~13x 2023E EBITDA, inclusive of tax benefits and run-rate cost synergies

Hey Carrier folks, grasp your ankles firmly and get ready for a launch into space you'll never forget.

Kapooper need to learn how to speak English.

Look on the bright side you will almost certainly get diamond perks as you fly to where ever the cheapest labor force in the world happens to be at the moment. In case you didn’t guess you will be training your replacement. Also.. Honeywell doesn’t do travel in any comfortable fashion. Back of the bus for you. Remember when they moved everyone to Mexico? Honeywell considers Mexico high cost.

Poor, poor guys.

Dead man walking. We have a graveyard across the street from where we work. Maybe they’re gonna have to build one next to you guys. You wait until the force you to work overtime Monday through Sunday. Even the holidays.

12 hour days isn’t that bad and Honeywell gets a kickback from the graveyard. I don’t know what the going rate is. Every time they send somebody across the street. Honeywell gets a certain percent of the money from the cremation or burial cost. Just like they do when they have a vending machine outfit at Honeywell.

Expect every thing that you enjoy to be eliminated. You wait until you have to do your biomedical testing. Say goodbye to your great benefits.

There went the bonuses in March

Just take a look at what Honeywell did to Intelligrated and you will have a good idea on what to expect. Enjoy.

To our new Carrier friends.... Here is what you can expect. Any nice perks that Carrier offers will gradually be stripped away. Your annual merit increase will be approximately 2.5%, regardless of what the current inflation rate is. Getting a promotion will be next to impossible. Your health and 401k benefits will be changed to what Honeywell offers, and that will probably not a good thing for you. Welcome aboard.

Buckle up fellas... you're in for a ride.