Thread regarding Johnson Controls Inc. layoffs

Johnson Controls Layoffs 2018

Just keep working and do not worry about job cuts - I think we are safe here in Milwaukee.

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Post ID: @OP+PLDp3pM

18 replies (most recent on top)

Layoffs continue almost weekly - on Thursdays - since Sept 2019. Most of the people have double digit years of seniority.

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Post ID: @devso+PLDp3pM

Yes was laid off in 2018 after 15 years

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Post ID: @aeodc+PLDp3pM

Here we go...Another group in Indianapolis/Fishers just received notice that their time with the company is limited.

Anything not nailed down could be in play.

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Post ID: @8Ciux+PLDp3pM

"Layoffs" have happened in finance positions for nearly 1 year now and will probably continue as additional jobs are offshored.

If you're one of the fallen, contact your local employment office and see if your position was certified and qualify for TAA(Trade Adjustments Assitance)benefits.

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Post ID: @89ezn+PLDp3pM

What department did you work in that just got laid off?

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Post ID: @6Hwxz+PLDp3pM

we will survive for our hard work!

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Post ID: @6Gwrr+PLDp3pM

Not really! Just been laid off.

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Post ID: @6Fwib+PLDp3pM

I’ve been with the company for around 3 years or so as a former fire alarm technician for former Simplex. Does anyone know if the cuts being made are to technicians or other people in the field? Worry about loosing my job and I would hate to it’s been the best job I’ve had.

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Post ID: @6viuz+PLDp3pM

https://www.biztimes.com/2018/industries/manufacturing-logistics/johnson-controls-plans-call-for-another-2300-jobs-to-be-cut/

"Johnson Controls has already cut ties with 4,900 of the 11,500 employees it plans to let go under the restructuring plans, which are scheduled to be substantially complete in 2020. The company made 3,300 separations this year, including 1,600 in the third quarter, according to a review of securities filings."

"Despite the cuts, Johnson Controls’ overall employment increased from 121,000 globally at the end of fiscal 2017 to 122,000 at the end of fiscal 2018. The company invested an additional $37 million in its buildings solutions sales force this year, including the addition of 950 new sales people."

"The buildings business is also set to have most of the workforce reductions included in the restructuring plans. At the end of the company’s third quarter this year the company included the reduction of 7,300 employees from building solutions. That figure increased to 9,100 following the fourth quarter. Corporate operations would also see an additional 500 jobs cut under the updated plan for a total of 2,200."

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Post ID: @6vfqq+PLDp3pM

I have worked under George O for over a decade with Tyco. He will sacrifice you so that he may gain, especially if you disagree or challenge is authority- i have seen it. Even with all the "synergies" the stock price has underperformed its peers in a thriving economy. I am a employee of 19 yrs and I would not buy this stock. If anything where we are in the economic cycle i would be shorting or buying puts. Laying off people is easy to get a quarterly number, and to George its second nature. Cutting your way to growth is counterproductive, to getting trust and cooperation within a organization. George's myopia is unfixable, he has a simple playbook which he follows tough to him at GE. Sadly that playbook has not turned out to well for GE's shareholders or employees. The only way to get a change is for the Board of Directors to fire him without paying him -sadly this will not happen-. To really make a change the remaining employees ought to contact the Board and tell them what is going on. The picture that George is painting to the Board is very different that what is actually going on i feel. What do you have to loose?

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Post ID: @5Zrfo+PLDp3pM

https://www.bizjournals.com/milwaukee/news/2018/08/10/johnson-controls-has-laid-off-4-300-employees.amp.html

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Post ID: @5hzyi+PLDp3pM

more layoffs on the business ops side... 7/13/18 here... at least severance was offered - good luck to the rest of you!

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Post ID: @4xgro+PLDp3pM

I’m was apart of the BE side in Sanford, N.C. ASC/Trion and they have been letting people go left and right.. people in accounting have had their jobs outsourced to Mexico as well as tech support, and customer service. Guess today was the materials divisions turn.. and today was my day... 7/13/2018... what a day to be laid off...

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Post ID: @4obap+PLDp3pM

Many layoffs in FY18Q1. Hardest hit areas were Milwaukee Corporate and Buildings HQ. Rumor is more to come in Q2, except these poor souls may not get a severance package. The severance packages so far have been funded by the “Integration” budget, but that is closing Dec. 31, 2017. Therefore, if you are getting the axe after that, your business unit will need to fund the severance package...and they are all getting squeezed by George Oliver to cut tens of millions from their budgets. That doesn’t allow for much or any severance funding, does it?! The company is imploding. Watch for Power Solutions sale or spin-off in 2018. JCI will them be an expanded Tyco with a new name.

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Post ID: @1eiib+PLDp3pM

Milwaukee area certainly not safe, bunch of cuts today. Wonder if the person who started this thread is still around?

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Post ID: @wyyk+PLDp3pM

There were layoffs two weeks ago.

There will be more cuts in 2018.

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Post ID: @nxze+PLDp3pM

I heard about them too from one of those laid off. Seems like it was a lot of upper management?

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Post ID: @bbfy+PLDp3pM

WHY is no one talking about the massive layoffs that happened at JCI yesterday? I guess we weren’t safe. And why is no one talking about the VP selling off his shares 13 days before these layoffs? Insider trading?

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Post ID: @bibn+PLDp3pM

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