Thread regarding Honeywell International Inc. layoffs

HW entered into an agreement to sell Intelligrated and Transnorm (IGS) to American Industrial Partners (AIP).


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Post ID: @OP+1kpx4k08r

59 replies (most recent on top)

@jq Yes, anyone who believes that will soon be proven wrong. How else can it be explained that TREW announces the acquisition as news on its homepage?

And don’t fall for the fairy tales your management is telling you that IGS is five times larger than TREW. There are hardly any official figures for TREW, but if you compare the sources that assume five times as many employees, those same sources also show that this results in only about 2.5 times the revenue.

I believe TREW’s figures will become the benchmark for AIP.

Until the final signing and the IT carve out of a large part of Honeywell, I don’t see much change here. But for the time after that, it is probably clear where the journey is heading. Too many bloated structures were built up under Honeywell, and the processes are by far the most inefficient in the industry comparison.

Even bleaker is the situation likely to be for Transnorm and for EMEA & APAC. I cannot see a global strategy. I hope I am wrong, but synergies between IGS and TREW for the US market will already cost a lot of effort. Who, then, will still be able to deal with the appendages?

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Post ID: @py+1kpx4k08r

@n1 it is left with Honeywell Sensing Solutions, Honeywell Thermal Solutions, Honeywell Smart Energy. What else ...?

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Post ID: @n6+1kpx4k08r

With PSS gone too, what GBEs are still left in Industrial Automation?

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Post ID: @n1+1kpx4k08r

You think Honeywell was stingy. What until you see how tight private equity money is these days.

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Post ID: @mz+1kpx4k08r

AIP did not buy Intelligrated to run Trew and IGS as separate competing companies. If you think that you’re an id--t.

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Post ID: @jq+1kpx4k08r

Trew cr--kers can’t buy nothing

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Post ID: @gr+1kpx4k08r

@a3 no it is not TREW, it is the PE Firm that also invests in TREW.

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Post ID: @g4+1kpx4k08r

There is no disclosure on deal amount. I bet you Honeywell paid them to take over the ownership.

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Post ID: @cm+1kpx4k08r

@bz be careful what you wish for

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Post ID: @cd+1kpx4k08r

Wow. So finally the DA/JW failure is etched in stone. Maybe not stone, but people's lives.

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Post ID: @c0+1kpx4k08r

You'll work your a$$ off. But you'll be rewarded for it. Unlike working for Honeyhell. Looking forward to it.

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Post ID: @bz+1kpx4k08r

Let me predict. 6 months pretending that nothing happens. Then layoffs everwhere except Transnorm, Mexico and few guys in US team who will be transferred.

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Post ID: @bh+1kpx4k08r

Meet the new boss , same as the old boss . Can’t wait to break our backs for them again

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Post ID: @b2+1kpx4k08r

@aw and it ended with a "Good Luck", what a joke! haha

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Post ID: @ax+1kpx4k08r

All that bullsh-ttery in the townhall. We are best leaders, we know nothing, shut up and work till you are fired. End of QA.

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Post ID: @aw+1kpx4k08r

Woohoo , now we get to work around the clock again like the old days

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Post ID: @a7+1kpx4k08r

Time to dust off the resume

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Post ID: @a6+1kpx4k08r

so it was True that it is Trew

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Post ID: @a5+1kpx4k08r

So Trew is buying Intelligrated.

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Post ID: @a3+1kpx4k08r

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