Thread regarding L3Harris Technologies layoffs

State of Disunion @TheTrustedDisruptor

  1. Loans taken to cover payroll. All that LHXNext savings still can't stop the debt created implosion.
  2. Accelerating the full transformation into the ENRON of the defense industry.
  3. 160 hours vacation and sick combined cap being enforced in certain businesses. Director level approval required above 160 hours combined.
  4. Auto rejection of planned sick or vacation leave if not provided with enough advance notice. Override requires manager and second level approval.
  5. Rolling layoffs still occurring.
  6. Stock price down $70 from recent high of around $370. Currently around $300.
  7. Insider selling accelerating.
  8. RTO harassment still occurring even with commuting costs skyrocketing due to fuel spikes.
  9. Outsourced IT company not getting paid due to cash flow issues. Leads to more service outages and lack of support.
  10. Morale has hit a new low. Parking lots emptying rapidly after 5 PM. Only time I've ever seen people leave faster was after a 4 hr college chemistry lab was over.

Please comment with additional information regarding the state of dysfunction @ L3H


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| 451 views | | 61 replies (last 2 days ago) | Reply
Post ID: @OP+1kr2k4phs

61 replies (most recent on top)

@ts It hasn't been condemned yet because it's in New Jersey. Money talks.

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Post ID: @ty+1kr2k4phs

Watch out for a rat and ro--h infestation in surrounding Clifton areas if they ever tear down that building. Surprised that shithole hasn't been condemned yet.

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Post ID: @ts+1kr2k4phs

@t8 ya everyday I go for a walk and it smells like sh*t so lovely

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Post ID: @tn+1kr2k4phs

Selling the Clifton site to a developer won't be a problem. When ITT downsized the site many years ago, it sold off many acres of toxic land to a developer. (There are residential properties there now).
It's New Jersey . We built stuff on top of Superfund sites all the time. It's called The Meadowlands. Right down the road from Clifton.

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Post ID: @tc+1kr2k4phs

@t4 Years of dumping wafer fab chemicals into the ground!

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Post ID: @ta+1kr2k4phs

@t4 Raytheon put a 1+ billion bid in to buy PBY a few years ago. They wanted the HTC and the rest of the campus. L3H leadership said no and didn't sell. PBY smells really bad close to building 102/21/R5 since it is located right besides the waste water treatment plants. For years I thought it was just the smell of management BS that got worse!

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Post ID: @t8+1kr2k4phs

@sz
They can't sell off palm bay, it's a superfund site, we all be sitting on toxic sludge they have to own it until they clean up their mess

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Post ID: @t4+1kr2k4phs

@gc loans to cover payroll were confirmed by multiple leaders in disparate functional areas.

@ps the company leadership is clueless and corrupt. L3H generated record profits during covid due to the hybrid/remote policies! This momentum would have continued but the company in their infinite greed and stupidity bought aerojet (a failing company) and td links (a problem company. Viasat celebrated sale..) for a significant premium and with variable interest rate loans... EZ confirmed 600 million in interest paid per year just because of these loans in fall 2024 when rates were lower. L3H has significant cash flow issues and is selling facilities even with demanding RTO.. would it not be easier to sell facilities and maintain a hybrid/remote workforce which is a zero $ cost benefit? Also all this RTO still has not resulted in program or schedule gains. In fact, people are demoralized and not working from home/after normal hours anymore. Why should a work force be loyal to the trusted disruptor of our lives and careers? SM made it very clear in his first all hands as SMS president - "If you believe in hybrid or remote work, L3Harris is not the place for you!" I appreciate the transparency from executive leadership. I can't wait to take snowflake with me when I leave L3H to join a better company. Some of us are significantly move valuable than others. Good luck replacing me and my snowflake!

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Post ID: @sz+1kr2k4phs

Wait you all are getting paid??!! And what do you mean 5 o'clock?? Our location is open 365 days a year 24/7 with 3 shifts and 6k plus employees working non stop....9- 5 sounds like heaven.

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Post ID: @sq+1kr2k4phs

@ps flexing on the side of management that's this miserly is a weird take. Normal take: WFH as long as projects are being met and performance is good, why should anyone care? Its like if my neighbors kids have it easier than I do, that's good, I'm glad for them. I don't WFH because of the nature of my job but I'm not bitter about it.

The executives of this company havebit too easy IMHO, so if we're taking away benefits, let's start with them.

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Post ID: @qz+1kr2k4phs

#8? It's time to stop whining about RTO. Obviously, keeping a facility open is more expensive than paying people to work from home. But, the company ended it because it wasn't working. The company decides it's policy based on the needs of the company. Not a bunch of self involved snowflakes like you. If you can't handle the working conditions, get the fu-k out.

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Post ID: @ps+1kr2k4phs

@gc The national average pay increase for hourly workers was actually 3.6%. The hourly workers represented by the Communications Workers of America (CWA) in Clifton got 5% a year for the next 3 years to stop the exodus of talented touch labor. Management got a company wide average of 2.14%.
Obviously L3HARRIS is not concerned with management people leaving the company. Probably because most of them are already under qualified and overpaid. And of course replaced by AI in the next year or so anyway.

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Post ID: @nk+1kr2k4phs

#1 is not true. L3HARRIS never borrowed money to make payroll.
They stole it from their employees. 2% pay increase while the national average was 3.3%?.
If you can't qui that company, you're a loser.
(Dropped the 🎙️.)

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Post ID: @gc+1kr2k4phs

Pay attention to the real numbers. Overall wages Nationwide are up 3.6%. inflation came in at 3.3%. so most Americans are making more money and keeping slightly ahead of inflation. But what about you? L3 Harris gave you 2% didn't they? Manufacturing Nationwide is through the roof. But not at L3 Harris with rolling layoffs and more to come. Job growth is up across all sectors. But not at L3 harris. Whether the mainstream media says so or not the truth is, the nation is undergoing an economic bo-m that hasn't been seen in decades. That's the truth. You can be part of it or you can stay at L3 Harris and go down with the sinking ship. Don't miss out on the economic bo-m. Get out of L3 and join the rest of the country.

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Post ID: @ek+1kr2k4phs

The supervisor and his wife in Clifton will continue to take off as much time as they want without any repercussions. All this tough talk is bullsh-t.

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Post ID: @e0+1kr2k4phs

If you get sick expect to not take vacation

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Post ID: @d0+1kr2k4phs

While we suffer the choke hold of the dark empire and get denied career growth, check out your new CFO’s sweet comp….allll public information people, you just need to know where to find it ;) all our c-levels have been cashing in their stocks too. Again, all public info, go find it. I’ll help you out with this one for starters if it doesn’t make you sick enough, while your boss denied your promo and you get 2% merit

https://www.sec.gov/Archives/edgar/data/202058/000020205826000035/exhibit101offer_letterxken.htm

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Post ID: @cp+1kr2k4phs

As long as the warfighter gets what they need to protect themselves, protect us, and get the mission done without losing anyone, I don't give a cr-p about L3HARRIS.
The War Department needs better partners than the L3HARRIS Dumpster fire. It's becoming obvious.
The company is going to go away. Broken up into pieces and sold off.

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Post ID: @ce+1kr2k4phs

They really need to get their money back from whatever PR/Marketing firm came up with that stupid "Trusted Disruptor" bullsh*t.
Oh, and fire whomever approved it, too.

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Post ID: @c8+1kr2k4phs

@a6 LOL! It's going to get scarier as these red programs turn purple due to staff reductions and a demoralized workforce. And the weekly enterprise wide IT work stoppage is going to disrupt L3H even further!

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Post ID: @af+1kr2k4phs

@OP oooooo people leaving their 9-5 at 5 so scary. Yeah the company remains mediocre but this doomer sh-t is getting old

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Post ID: @a6+1kr2k4phs

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