Thread regarding Honeywell International Inc. layoffs

Good read. At the end of the article is a link to another article I also found good- Surprising Truth about where new job come from. There are a couple paragraphs in it talking about stock buybacks, where most of the profits go today and who benefits. This is stock price manipulation. Where would all these trillions go if companies couldn't do stock buybacks / price manipulation anymore? buybacks weren't always allowed.

Good post and -waj -- excellent reply. It's not just HON, the whole damned system is tilted against employees, with few exceptions. Pleas to unionize fall on deaf ears. There's no way for the individual to prevail.

I thought customers were at the bottom of the food chain at Honeywell (!). In the end, it's they who lose.

Corporate, and especially CEO's, greed is here to stay. CEO's compensation have skyrocketed, not from sharing a company's successes with its employees, but with the share holders. Employees' status have gone from being a company's greatest asset to now being considered its greatest liability, and a means to artificially boost companies numbers at their employees' expense. Employees are at the bottom of the food chain, after CEOs, share holders, customers, and anyone or anything else that do not directly contribute to a company's success. Welcome to the new corporate culture of maximizing greed!

Good article but shorter than I would have expected. So much more to cover. Guess we have to buy the book?

Note the term "Agile" goes into play. I recently worked as a contractor at a small company that was "Agile". From what I could see, all it did was create a chaos and there was little in the way to trace a product's development and little documentation on what the product is, and how it works. I suppose it might make sense in say, a small web development firm up to a dozen or so employees, but for any kind of hardware or system development, it's a turkey. Especially if SAFETY of the product is a factor. It's a means to short-cut reality by not writing anything down; it's all in email chains and employees memories (can't trust that). When dealing with the millenial generation who send terse emails like text messages without good subject lines, tracing through emails is a chore.

Agile is great for shareholders, bad for employees, and bad for customers. But with a buzzword like "Agile", how could it lose in BOD meeting with a bunch of financial f^cks who don't know anything about tech or reality on the ground?

I think it applies to HON as well. Thanks for posting.

Great article, Thank you.

Good read... I've shared this opinion for a long time