The RIF email contained a link to the Honeywell policy on the topic, but I could not find information on severance. I have also searched internal documents and found no further information. Is Honeywell severance a standard package? Does improve with... — read more
Now Bombardier is laying off for the second time this year
Another example of how NOT to run an aerospace company: http://fortune.com/2016/10/21/bombardier-7500-jobs-layoffs/ After that huge Canadian government bail out they're still laying off. "Ottawa is under pressure from the Quebec government, which... — read more
Severance and Pension changes:
Does anyone know if this new November 1, 2016 RIF will be the last one before the 26 week severance package is changed? There was rumor of this last time but wanted any updates. Also, does anyone know if they are going to change the pension plans in... — read more
Rockwell Collins in Advanced Talks to Purchase B/E Aerospace for $6.5 Billion
Deal would combine two of the aerospace industry’s biggest suppliers Rockwell Collins Inc. is in advanced talks to buy B/E Aerospace Inc., in a deal that would unite two of the global aerospace industry’s biggest suppliers. A deal would value B/E... — read more
Mockingjay clip
http://www.filedropper.com/2016-10-22121318
Amusing article - almost seems like Honeywell was the case study!
http://www.forbes.com/sites/jmaureenhenderson/2016/10/21/if-you-read-one-of-these-five-phrases-in-a-company-review-dont-apply-there
Class Action Wrongful Termination Lawsuit
Please confirm if the class action lawsuit brought against Honeywell International for a variety of wrongful employee terminations is fact. It does not sound good for the company's future !
Mockingjay still employed?
Does anyone have an update on our Mockingly (aka brave lady that asked the question during town hall)? Would really like to know that she is still employed and has not been put on PIP. Would also like HER to know how grateful we are that she did... — read more
Who is this round affecting? Any ideas?
Does anyone have any idea who this is affecting this round? (Indirect, direct, band 3 or band 4) there are rumours around supervisors wIth less than 5 people. At this point I have no clue! Don't understand a company who pulls this, "We are going to... — read more
Dave Cote on the topic of layoffs. Harvard Business Review 2813
"Both layoffs and furloughs can create behavioral issues and costs, and you could argue that furloughs are tougher in some ways. But one fact remains: Layoffs are much more disruptive to an organization in both the short and the long term. Even... — read more
Golden Valley Employees - StarTribune Article about WFH Policy Change - Be sure to comment on article
http://www.startribune.com/honeywell-ends-telecommuting-option/397929641/
Band 4 Future
What can be expected? Thoughts?
Bravo Award
And the $50 Bravo Award goes to the lady with a question: She asked why employees are being punished by the ban on WFH and increased dental. Cote responded with asking if her colleagues made her ask the question because she was the bravest or most... — read more
Q3 layoff was 3,017 across all businesses
http://mobile.reuters.com/article/idUSFWN1CR0XJ?type=companyNews I thought the number in aero was around 600 (according to posts around here). ACS was hit harder than aero?
Manufacturing & Engineering
Manufacturing & Engineering: Azcentral.com this morning (Friday, 10.21), says small number of employees will be affected in Manufacturing & Engineering. (Small number?). They're making it sound trivial. One person being let go is one too many (unless... — read more
Future?
I am not sure if i continue to stay and wait out till things get better or i go to another industry. I honestly wanted to stay for another 10 yrs. I am already here for 10 yrs. i enjoyed working with people at HW ; I have a very good manager and so... — read more
New WFH Policy Update
"I have clarified with HR that even though we will all be in the office 40 hours a week, for salaried employees, this does not prohibit you from working outside of your core hours at home as your work load or the business dictates." YEAH RIGHT! Make... — read more
Please.....get it over with, for your sake, and everyone else's.
Why won't those sadistic idiots just do one big cut and get it over with? This slow torture of three layoffs, furloughs, reduced benefit, threat of salary cuts, all in one year is not healthy for anyone, especially in the morale department, and most... — read more
What other policy changes are people hearing about? What are you hearing?
I've heard rumors around: Vacation policy Sick day policy Severance policy Want to see what others are hearing.
Rockwell Collins now laying off too
This is about a week old: http://www.thegazette.com/subject/news/business/rockwell-collins-cutting-workforce-by-2-to-3-percent-20161014 The actions they are taking seem a lot less cruel than what goes on at Honeywell. Plus Honeywell has been in a... — read more
To the lady who laid out the first question to Cote...
WAY TO GO!!! PERFECT!!! Asked what everyone wants to ask. And to Dave's snarky response on whether your colleagues thought you were the best to ask the question or were the most expendable, report that bastard to HR.
Is anyone going to bother listening to davey boys clown hall?
I can save you from wasting an hour of your life that you'll never get back. Here are the talking points: -slow growth economy -tough decisions, layoffs -uncertain future/election cycle -doom and gloom -2017 not any better -blah blah blah -need to... — read more
All aero folks should apply for RIF
Would all of us applying for RIF send a strong message to Aero? In essence it be as if no one volunteered and make them choose folks the old fashion way. Just a thought that is gaining steam
Aero Layoffs announced <24 hours before Q3 earnings announced...
Coincidence? Anyone want to guess how bad the Q3 results are going to be? We saw an 8% dip when they reduced guidance on the 7th. Interesting to see the uptick in volume after the RIF email went out to employees... — read more
Glendale Halloween Party
Please come and join us...
Severance "Double Dipping"
Anyone know if the severance is contingent on the severed employee being unemployed? It's be nice to go straight to a new job and still collect severance. Please don't respond with "who cares? Collect it anyway." I'm looking for Honeywell's rules on... — read more
WFH Exemptions
My manager told us that all WFH exemptions will have to be approved by Coty. Which means there will not be any exemptions. Everyone must show up at a Honeywell facility somewhere or they will be terminated.
Massive amounts of Sick TIme in Q4
Time to slowly (or quickly) ramp up the number of sick days in Q4. A 20-40% productivity reduction should be more than enough to offset those pesky productivity improvements that have resulted in RIFs and furloughs.
Management leak?
Wouldn't it be interesting to know who is so close to management that they can post information before it's actually anounced? I have been monitoring this forum for months and it's been pretty spot on for the most part. I know things no one else... — read more
Translation of the Message from the Aerospace Leadership
Translation: Nobody wants our old products anymore and with no investment in the future going on for a number of years now, no new products to offer. We have burned every customer we ever had so we are at the bottom of all supplier rankings. Since my... — read more
Go with the RIF?
Honeyhell will not be around in one year. They are positioning it to be sold off by division. It is awful tempting to go with the RIF, but at almost 60 the prospects for another job are not real good.
Volunteer or not?
I know volunteering for the coming RIF sounds so attractive. Most of us would love to get out of here. My question is this. When you are nearly 59 years old, you are too young to retire yet too old to realistically land a decent new job (statistics... — read more
Here's the next RIF coming!! Thanks Dave
For all those that accused me of "fear mongering" and trying to stir people up. Here's the manager advance email for the next round of securing Daves stock price! ADVANCE COPY: MESSAGE FROM THE AEROSPACE LEADERSHIP TEAM Not for distribution -- Will... — read more
Where will Honeywell be in 2020 article.
http://www.fool.com/investing/2016/10/18/where-will-honeywell-be-in-2020.aspx?source=iedfolrf0000001
Midyear relocation preference question
During the midyear review my manager said that HR was requesting relocation preferences for all employees without specifying if it was for short term purposes (i.e. balancing workload among sites) or long term (i.e. possible plant closure). Just... — read more