When the stock price goes down, due to the incompetence of leadership, they prop it up by screwing the employees, and when the stock price goes up by screwing the employees, the incompetent leadership get greedier, and satisfy their insatiable appetite by….you guessed it….screwing the employees. A win-win for them, and a lose-lose for us! And nobody does it better than Honeywell leadership.
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CEO's only care about themselves and immediate families. Anyone else is a block (expense) on excel spreadsheet and can be gone at any time. The game is played by CEO's and big WS firms and FED. The only thing that matters is keeping stock prices up so those with the stock can make fortunes. You have to have friends on WS to pump your stock and company. TARP, QE1,2,3, and then 90B/month for a couple years all given to banks. What was this $ used for? Most of the wealth for a CEO is in stock options. CEO's sell anything and everything to raise cash to buy back shares then dump options. Go on WEB and look at HON insider sales data. Same at a lot of companies. Stock buybacks at all time highs. (just recently started to roll over) Usually coincides with highs in the market. Nothing to do with making and selling the best products anymore - that's to hard and the return is too small (for the CEO).
At least the MAFIA PROTECTS those that pay. Don't compare Honeywell to the MAFIA, it's not fair to them.
Nothing satiates the lust of greed more than more greed!
It's a requirement to be in upper management at U.S. corporations.
Not unlike the mafia.
Trump will fix it, LMAO