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).

Comment! It's anonymous!

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If managers are going to be bumped down to specialists, that will be a hoot. The only thing the manager I had at Honeywell could specialize in is cussing out his employees.

MIP in Cz was cut by half too, for some B4 like me ... Enough is enough

Dude, employees just add to cost... The cheaper the better

Be glad if you are a Band 4 and getting a MIP. Honeywell is systematically downgrading US positions to Band 3 or below and manager positions to specialist.. A title that I had when I started my first job out of school 20 years ago.

Any details on the healthcare bump? Compared to peer companies honeywell's benefits already lag significantly.

Any idea if they are eyeing reduction in the 401k match?

Who am I kidding, this group of 'leaders' seem to view their employees as liabilities rather than assets.

What does this mean?

Thread regarding Honeywell International Inc. layoffs

First email is out. A couple more still to come.

6 replies (most recent on top)

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