Thread regarding Harris Corp. layoffs

Where have I heard that word before? ... synergies

Where have I heard that word before? ... synergies

Oh yah, I remember, that was with last company that I got laid off from. Management kept using that fancy word "synergies". Now I know what it really means.

L3, Harris to divest ‘significant’ portion of business post merger

https://www.defensenews.com/industry/2019/06/17/l3-harris-to-divest-significant-portion-of-business-post-merger/

"However, both executives also pointed to synergies that could make the combined company — what Brown described as a C4ISR powerhouse — more competitive. "

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Post ID: @OP+ZErC2g8

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There will be more before the end of the year. Based on the article, there will be tons of divestitures and restructuring. I would say that L3Harris Technologies will shrink to the size of Harris - a $6 bln. dollar business. After that they will be acquired by Boeing or UTC...

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Post ID: @5xqh+ZErC2g8

Harris started the layoffs today for directors and above. The worker bees will Ben later this week before the June 29 merger closing.

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Post ID: @4hhp+ZErC2g8

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