Another example of how NOT to run an aerospace company:
http://fortune.com/2016/10/21/bombardier-7500-jobs-layoffs/
After that huge Canadian government bail out they're still laying off.
"Ottawa is under pressure from the Quebec government, which last year invested $1 billion in the CSeries program for a nearly 50% stake in the project, to match that investment."
Somebody has bought a bridge to nowhere!
Where is that money going? Into the owner family's pockets?
Another telling quote:
“I think it has to be very clear that the decisions we are taking are not related to our discussions with the federal government,” CEO Bellemare said. “We are doing this because we want to save jobs in Canada.”
Sounds like it isn't working. Time to clean house in management.
To be fair, Honeywell is getting all kinds of government subsidies itself. I'd bet they are non-compliant on a lot of those, such as minimum number of employees at sites.