Thread regarding Resideo Technologies layoffs

More calls by the various firm doing the lawsuits. Seems that there is a trail pointing at various VP GM that came from Honeywell in the confort and security for the bad decisions, this based on other lower level directors managers also from acquisition and hon gone to Resideo
Interesting to see backstabbing as a culture... it shows why no real product is coming up except vaporware

No worries Michael Jordan the chief fellow has put his hat in the ring to replace don cazzo and become the chief innovation of the agile containers.

18 lawsuits caused by mismanagement in the past year... reality dictates that we will loose a few at least or pay to stop them.
Leaving and loose your pension... well... there are some that got a golden bridge moving from one place to another... Strasbourg to golden valley to Atlanta to Austin each time getting handsomely paid to mess up where they are.... those have nothing to loose while pilfering money from resi while talking platitudes from some book like plow into a wall hold others but not themselves accountable all this with no real execution. This is where the problem is. Until that layer of managers directors and VP all with a PhD with incompetence are removed rezi can’t recover. Worse is that the business is now affected and is also now talking platitudes

2sql - Then keep your head down (or in the sand) and let the adults talk. This isnt scaremongering, this is reality. The act as if nothing is wrong attitude is a big part of why we are here. Example, "the stock is recovering"...sure! its only down 65% from three months ago instead of 70%, That's not recovering. You just had an Activist investment company get involved....look up what that means and this ones track record. In most cases they rip companies apart and sell the pieces to get return on investment as fast as possible. When they are done you wont have a desk to keep your head down at. Have you heard about the two companies that have been doing "business assessments"? Any idea what their recommendations are so far? I do, and its scary. You can ignore all you want and call it scare mongering but it doesn't change facts.

what do you think will happen when we lose 18 lawsuits? Can a company already in trouble and whose revenue isnt doing so great survive that? ask yourself a couple of questions.

1) since there are laws regarding frivolent lawsuits, if there was no merit would they be filed? maybe by 1 but 18?

2) why are those named in the lawsuit so rattled by them that they feel they can be personally ruined by them? Actually have stated they think they WILL be.

I wont even go into the plethora of products and other things that NEVER get released or the aging products that less and less people are buying, the fleeing customer base that laughed at us during this recent "event" or the horrible numbers that are STILL being manipulated to look better than reality because we never learn our lessons or the inexperienced and down right incompetent people being put in charge that are clearly in over their heads.

I have only viewed this site and this is my first post but you can have all the holiday lunches you want, paint a pretty picture on things and all of this but some of us would like to see whats coming as far out a possible so we can plan.

$50!! You're funny. Sure wont reach that if you had your way - we'd be dead in the water right with law suit after law suit? And I'm just a regular employee who works hard, does my job and keeps my head down. That too hard to believe? I'm tired of the scaremongering about the lawsuits. The backstabbing is all you. So quieten down: do what you need to do. Time will tell where these legal pursuits go. There is no need to come one here and try to gather up a crowd to support you. We all have enough intelligence to know if wrong has been done, what to do about it. It's not like the lawsuits are secret.

Suuuure....
The stock price will exceed $50 tomorrow...
RSI vacuum pump is that you? or one of your student school boys playing xbox?
This is getting boring this constant attempt to backstab and play with other people lives

Stock price is climbing. By the time a lawsuit is in full swing, there will be nothing to contest! Why dont you just leave the company instead of trying to insight other people to be whistleblowers when there is little to blow! It is clear that you are unhappy here - why hang around? So run on to somewhere else, or are you unemployable elsewhere?