Dysfunction leads to significant resignations

HSF (the ill suited combination of the Fire and Security businesses) was without a Global CFO for some months following the business combination in Dec/Jan 2015. They hired a former Honeyweller externally to take the position who after two weeks simply walked out. Fast forward to now and with the payment of MIP having just taken place people are resigning. Word has it that both the CMO and CTO have put in their notice. There is and has been departures of regional leadership as well. There is also a rash of departures accross other businesses that I've heard about.

Will the Honeywell powers that be take this as a sign that something doesn't smell right in the state of Denmark?

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Who cares about VPS leaving? Most are useless anyway. We have way too many VPS. When is the last time any VP did any meaningful work? Good riddance.

So it isn't just Aero? Several VPs exited in the past year, with one high performer VP just walking out. Many other people have quit/retired/VRIF as well.

Who is the CTO of HSF at this time ? I bailed a few months ago

HSF is a mess and there are some really good people that are going to exit the business now that reviews are done and bonuses are paid. The Q1 numbers for this HSF are going to be brutal, so I am confident that management's solution will be to cut more good through RIF's and force the remaining employees to take additional furloughs to improve the bottom line, but we should all be happy to have a job!!

The "powers that be", don't care. This is the way "smart business" is run in today's lexicon. Another example on why stock markets are way over-valued and U.S. executives are way over-paid.

Thread regarding Honeywell International Inc. layoffs

Dysfunction leads to significant resignations

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