Thread regarding L3Harris Technologies layoffs

there will be more divestitures and more property consolidation and layoffs to drive stock price up. Once DE Shaw makes enough money, they will leave Harris alone.

The "Business Review" recommendations were due by 2024 annual meeting (April 19, 2024 per l3harris site). This is what the review was focused on per the SEC filing (public knowledge now):

Duties
The focus of the Committee and its mandate will be to review the Company’s operational performance, cost structure and related margin improvement opportunities, portfolio composition, organizational structure and all other available shareholder value creation levers. In furtherance of this, the Committee shall review, evaluate and make recommendations to the Board regarding the following matters (the “Review”):

1. the Company’s operational performance, including the Company’s cost structure and opportunities to drive sustainable and consistent improvement in profit margins;
2. the Company’s portfolio composition of businesses, including evaluating and making recommendations regarding potential value enhancing opportunities relative to the current configuration of such businesses;
3. the Company’s cash flow, capital expenditures and overall capital allocation, including opportunities for optimal shareholder capital return;
4. the Company’s organizational structure, personnel and reporting lines;
5. the Company’s strategic, financial and operational strategies and any growth opportunities that may be available to address any shortfalls or inefficiencies therein, including identifying opportunities to enhance the competitive positioning and business and financial profile of the Company’s assets and businesses; and
6. any matters related to any of the above, or otherwise in furtherance of the “Purpose”, as may be determined by the Committee.

Will be interesting to see what will happen. Report only goes to CEO and board per the agreement.