I've put together a list of reasons I've become upset at Honeywell since starting to work for them. No one "nail in the coffin"... just an accumulation of slights I've observed
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Layoffs happened at the start of 2016. About 6 months later, a second round of layoffs was announced and Honeywell asked for volunteers. While it's rumored to happen next week, the threat of not having a job has been hanging around for over a month. Talk on this forum suggests it was supposed to have happened already, but the high volume of volunteers is causing a delay
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Further "cost saving measures" have been confirmed. There is already the 1-week furlough this month. No raises this year (again). I've heard rumors of another 1-week furlough later this year (maybe over Christmas).
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Dave Cote sold $60 million of company stock before a sale of part of the company. Executives continue to make salaries in the millions of dollars while employees get furloughs and no raises.
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In a recent town hall, a question was asked about how to retain young engineers in this atmosphere, the given answer was "we are all in this together", and be thankful for having a job. Listing other companies that are going through layoffs, trying to make HI sound better.
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That same town hall showed prioritizing investors over employees. Nothing new, just brash in how it was presented.
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For the last several years, merit based raises have NOT been given out, even while the company boasts double digit profits and buys other companies. Cost cutting measures have been implemented to fudge figures (no overtime, furlough).
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Honeywell continues to stop investing in its employees. Benefits are cut (pension) or reduced with the promised to be restored (401k), diminished (education reimbursement now requiring a 1, 2, or 4 block)