After releasing good numbers again for Q2 there have been many articles regarding Honeywell and how they continue to perform well. There was one article that raved about Honeywell's performance but there was one part of the article that stood out to me when they said:
Honeywell has had a strong start to 2017, as the company has been able to increase its net income and adjusted EPS by ~7% over the first six months of the year by focusing on cutting out costs.
The share price keeps going up and they keep focusing on cutting costs (people), but at some point you have to either grow the business or keep doing acquisitions so you kind find more people to cut. I don't see how this is sustainable and other than building our 401K, this model is deadly for the employees. Hopefully the leadership team is smarter than we all give them credit for and they are going to start focusing on organic growth!!