Thread regarding Honeywell International Inc. layoffs

Job loss

Has anyone heard that the long term employees are going to be given a chose of either their job or their pension? We hear that the announcement will be made in the September - October time frame.

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Post ID: @OP+OnVKiXk

7 replies (most recent on top)

I agree that freezing the pension amount effectively ended incentives for working longer to boost pension amount (no other real reason to keep enduring the torturous work environment). Don't believe they would give ultimatum to leave or lose pension as that would largely impact older workers and they've already been down that road with age discrimination lawsuit years back.

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Post ID: @3tzo+OnVKiXk

I don't think it would be legal in the USA to offer "your job or your pension" in the sense of losing the accrued pension benefits if you continued to work. I think they have already done the damage that they can by freezing salary improvement as a factor in improving pension amount with continued service.

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Post ID: @1zia+OnVKiXk

He's not a troll - what he says is true. This site is not served by fake rumors trying to stir people up. Stick to solid information and that will make this site useful.

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Post ID: @wia+OnVKiXk

@OnVKiXk-tnm. Look out, he's a HR troll or has a sense of humor .

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Post ID: @wjx+OnVKiXk

I don't believe that there is any truth to that. Not that Honeywell leadership cares about their workforce, but they aren't stupid. I think this falls under the category of someone creating rumors to get people fired up.

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Post ID: @tnm+OnVKiXk

Lets start a class action law suit! Any attorney will to take this on? Please list your name and number

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Post ID: @bfy+OnVKiXk

Really???? Oh this would be great. Give me my pension and I'm out of that sh-- hole.

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Post ID: @lkx+OnVKiXk

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