Or maybe you’re uncomfortable with the idea that history is relevant to the present situation, @nJrfl?
Past behavior is indeed a powerful indicator of future behavior. H management went down a path. Covid is just accelerating the impacts of prior piss poor planning.
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Fear mongering by re-opening a 2016 thread.
Having been an employee of Honeywell for 20 years and recently being let go, I can tell you, Honeywell is NOT the same company. I dedicated long hours and hard work to Honeywell and in return, my job get eliminated. Where are those long ago days when a company honored the people who stayed with them, worked hard for them. Afraid they are long, long gone, sadly. As for the Company, there was a time when Honeywell was great to work for, Hell, they offered a lot of perks and I was one to be there and enjoy them. From a real Bravo system, to paid overtime, to turkeys... just the good old times. Now, I'm hoping to find whats on the other side and contribute to a company that honers their employees and doesn't just burn them out and let them go.
in all honesty, I long for the day that what goes around comes around and we see a positive shift within the company. until said time, I'm afraid it's Moneywell
This is nothing new, in the early 1990 Honeywell was at the top of the automation controls market, having spent 35 years in the technical support and sales with the ACS group which is no longer at the top of the controls field, they resisted going into the digital interface on their line of controls, until everyone had picked their bones bare with cheaper digital interface smaller controls and networking setups, They then laid off, the best paid employees were the first to go and these were the most qualified people, then salary freeze was put into effect for 18 months in an effort to show Wall street that Honeywell was a good value, then job skill levels were rescheduled to lower paid positions while work levels were raised much higher, you were then paid less and expected to do more work than before. Then the sales group started hiring people with no process industry sales experience who were just looking for a job, having an MBA teaches you nothing about steel or chemical production at a basic level, roaming hot dirty, smelly steel plants, climbing tanks of evil smelling fluids is not something most MBA want to do. I worked with people who only wanted to have contact with their customers by phone, never going into the plants. Then someone got the brainstorm of handing over the sales function to a network of dealers to sell their control systems, this was a gold mine for the dealers, who got customer contact lists they never had before, now they had access to users they had no previous contact with before because their sales staff were not trained to handle higher level applications in closing the loop from sensor to controller. Plus Honeywell's controls were almost always higher priced than anyone else even with discounts, so a dealer sales person faced with customer concerns over pricing is going to sell what the customer is willing to pay for and what the salesperson thinks will do the job, thereby Honeywell has lost another sale and perhaps another foreign controls item has gotten it's foot in the door. This increased the dealer's chances of a sale of someone's product other than Honeywell's.
LAYOFF INFO IS NOT CURRENT!
English much?
Moneywell on the run to 150 $ a share
Get reach or die trying Moneywell way
When I joined Honeywell, we were appreciated, OT was compensated for salaried employees and we had perks such as Christmas parties, etc.
Then Allied bought us, and brought us slash and burn, and the opinion that good employees were simply an expense and no longer an asset. Even the employee handbook was changed to remove the words "Honeywell values and respects it's employees".
It is interesting that old Honeywell employees generally thought very highly of Honeywell and apparently Allied employees thought very highly of Allied. In any event, Allied was the buyer and we have the cesspool that we have now. Not terribly surprising when you compare two Company backgrounds of Mid West values vs. New Jersey Mob.
Since Allied has a long history of buying and gutting companies, and had such poor corporate relations that they dropped their own name to take another, who should we blame for today's problems? I'd say it was dear old Allied
I have only one question, why did Allied Signal give up there name for the sh--ty
name of Honeywell?
I am a tech 4 with Honeywell Aerospace and it's literally the worst corporation that I have ever worked for and I have worked for a few. You hear the stories of the hay day when Honeywell was a pleasure and a big deal to work for. I can assure you that those days are long gone. We build sh-- now that quite frankly I wouldn't sell to my enemy. Honeywell has completely lost its ability to keep up with modern business models and it is noticeable within seconds of entering any Aerospace building nationwide. On top of no longer making logical decisions Honeywell now hires whomever with no protocol or any kind of skill aptitude testing. Those of us that are educated and have credentials to do what we do are now surrounded by employees that honestly Taco Bell wouldn't hire. No offense to Taco Bell but this is what we see everyday and I can't see it getting any worse. Honeywell Aerospace has hit bottom and selling it off in the fall will probably not only be better for Honeywell investors but for us as employees as well. If you work for prosperous corporation with over 100 yrs of growth we as employees should at least be able to afford our own health insurance every year. You can blame government but the truth remains that what once was no longer is. Good luck world. Stay away from Honeywell aerospace until they either get their sh-- together or sell it to someone who cares.
I recently retired from HON Aero and can confirm all the negative posts. HON used to have strict quality control and the products were valued by all our customers and they were willing to pay top dollar for that quality. The management has tried to turn the company into an online order company (like Amazon) which irritates all the customers who pay for top notch quality and service. The HON products are highly technical and you really need to have an associate familiar with the products to ensure that the parts meet the requirements to keep planes in the air (or cars rolling). It's very sad that the only voices the customers hear are foreign or outsourced labor that is very unfamiliar with the products. I will say that Honeywell was a great company to work for in the past, it’s too bad it’s so disconnected today.
The sad reality is that Honeywell Aerospace probably can't cut it in an increasingly fixed cost contract world. Zero emphasis on keeping knowledge and skills modern and current. "Eor" attitudes and mentalities. RIF decisions based on who knows what, I saw very smart newer employees let go while weak links stay. Many other reasons as noted here. It's easy to shine in such an environment, but it's not good in the long run. It will get worse before it gets better.
Happening all over Honeywell. It was a like a blood bath yesterday in he ACS decision. Valuable people who have been here 15+ years were told to leave. This is only the tip of the iceberg. This whole China/India initiative is going to crap all other Honeywell in a few years. We are starting to produce garbage and that trend is going to continue the more the engineering jobs are taken out of this country. Too bad the man at the 50,000 is running the show.
First email is out. A couple more still to come.
Also, for those who were part of the MIP, incentives are halved and will stay that way (i.e. they will not be restored once the economy recovers). But this only applies on the Americans. So for Band4 on the Americas, the MIP is cut in half. For Band4 elsewhere (read India/China/Czech), it stays unchanged. No email communication on this as HON does not want the bad press on it.
The upcoming emails will touch on the size of the layoffs, the Q3 and Q4 furloughs, and the imminent healthcare bump (this one looks like it will pack a punch).
I can confirm Tim's message was received in Hon PR site.
Email from Tim Mahoney just received confirming.
Email just came out in US. No numbers mentioned. US, Canada, PR
Can anyone confirm?
It's true
Email would be going out in a couple of hours. RIFs across US including PR.
Will this be across all Aero like the June/July furlough?
I am a Sr. Engineer and looking. There is no innovation, growth, and most of it has to do with Honeywell’s gross negligence to its customers and quality. We have cut quality for profit and stripped benefits to the bone for all employees. We no longer have the drive to innovate and can’t even manufacture the same products we developed 15 years ago. It is embarrassing to sit with our customers or feel any pride in Honeywell. This is the legacy Dave Cote is leaving us with. I will rather leave on my own terms.
How do u know?
Do u have inside info?
Please share
NO WAYs