Thread regarding Honeywell International Inc. layoffs

Honeywell’s Vision Statement, or not...

"to continuously improve the way we do things so that we can capture greater value not just for us, but also for our customers."

The way the company is running the RIF, furlough, salary freeze, salary reduction, benefit theft, WFH, org announcement, are all very clearly indicative of how they are running, or ruining, the business, of late. It seems like there is no clear or precise decisions being made or being implemented in the most efficient and economically prudent way, on any one action, but they just keep bumbling their way through everything that they are doing, like babies learning to walk, except that they are getting worse with each step.

It took years to even consider WFH guidelines, and now the rules seem more vague than before. They've been promising for months to roll out the new organization, but seem uncertain what that is. Prior to this year, they used to implement RIFs in an effective and efficient manner, with target numers and/or peercentage, but for this, the third RIF this year, the process seems to be getting slower and more uncertain.

They ought to come up with a 'Blindness Statement', like, "we haven't a clue what we're doing, and getting better at it every day".

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Post ID: @OP+KrxcYBm

6 replies (most recent on top)

It makes one wonder, what sane company would do business with Honeywell?

Stockholders should be selling out soon because DC is about to run out of t#rd polish.

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Post ID: @1cbo+KrxcYBm

So now Honeywell is the worst supplier for Airbus, too? After Boeing said the same thing. After Cessna won't do business with them anymore and Pilatus got hung out to dry a few times? Those are just the ones off the top of my head. I'm sure there are others.

Yet the response from DC is more employee cuts, furloughs, benefit cuts and other employee de-motivators.

He's only out to keep the stock price pumped up for his own benefit as he wants to cash out most or all of his stock over the next several months as he "retires". The only vision he has is his own bank accounts. Who cares about customers and company survival for the long term when there's further looting available? Who cares about making your customers lose money because you don't care to run your company effectively? Efficiency isn't everything. Especially financial engineering efficiency.

DC should get kicked off the Federal Reserve Board for being a general a$$hole. But that might be one of the main qualifications to be on it.

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Post ID: @1cfa+KrxcYBm

"Our most important asset is our employees" What a line of BS. 2016- 3 furloughs so far, 3 reduction in workforce, no raise for 2 yrs, loss of 1 paid holiday next year, very high deductible insurance, no pension for new hires. Why would any grad start or stay at Honeywell when the CEO is doing everything against employees best interests to keep its stock price up until he leaves in 1 qtr of 2017 - not on my watch mentality! Leaderlessship is at a peak at Honeywell. Now I know why the Allied Signal -Honeywell merger kept the Honeywell name. Unfortunately they kept the Leaderlessship of Allied Signal and ousted the good Leaders. Now they have run down a great brands name.

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Post ID: @1qbm+KrxcYBm

Last week in a meeting at Torrance with Mike M. and a host of other VP's Airbus told them "Honeywell was their worst supplier" I loved the look on their faces. Sorry Airbus, we laid off the quality & AME folks and we have no budget to redesign our bunk hardware.

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Post ID: @1kah+KrxcYBm

"to continuously degrade the way we do things so that we can capture greater profit just for us, while lying to our customers, employees, suppliers, and shareholders."

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Post ID: @1hss+KrxcYBm

Leadership is clueless. That is crystal clear.

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Post ID: @krk+KrxcYBm

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