So after an exempt furlough in June 2016 at the same time Cote says he wont rule out a Merger and Aquisition since Honeywell is sitting on a pile of cash - we hear that by end of Sept 2016 up to 15% of Aerospace indirect employees will be laid off.
Sweet news, way to go! It's like having your own personal black rain cloud follow you around everyday at work. Oh, bonuses for employees were cut too in June for 2017 payout.
NOBODY IS WORTH THIS KIND OF MONEY
@InQAqCR-1vgv: What oncologist makes $34.5 million for curing cancer??? Only financial engineers like Cote make that kind of money.
http://www.wsj.com/articles/honeywell-ceo-cote-gets-2015-compensation-of-34-5-million-1457617775
Poor Guy.....how can he live on this pitance?
Unless you've cured cancer, no one, No One, NO ONE should make this kind of money!
As long as wall street rewards way over paid CEO's for killing the worker bees things will continue getting worse. Stock has tripled since they cut retiree insurance out.. Out source and lay off 100,000 and give their pay to Dave...
What a racket..
How about this - F--- you Dave Code
For whatever reason, this year feels worse than the one before. The one before felt worse like the one that preceded it. Really, what's wrong? It feels we are spinning our wheels and that things are incrementally getting worse, here at Honeywell and in the society (in general).
It's hard to figure out why I feel this way, I still make decent money, things are not bad in general but I just feel that things are getting worse, maybe it's more insecurity or maybe it's me seeing how some folks with no or minimal effort are getting so far ahead of me that both me or my children will never be able to catch up.
Not sure why, but I feel this way and it's not good. I know many people who feel the same way but nobody is able to clearly articulate why we feel this way.