Thread regarding Honeywell International Inc. layoffs

Honeywell leadership does not care about developing new products. They are there to extract cash for themselves and WS. They think they can change to a royalty model.

Oh yeah, new products aren't based on experience gained from developing old products. Don't need that old talent around for sustaining old products in the field. Better off to bring new talent with no experience to reinvent the wheel and make costly mistakes that could've been avoided if the old talent was around to tell them that what they're doing was wrong. I'm sure that's exactly what this wretched leadershi* has in mind with the company culture and vision going forward.

you don't need old talent if you stop making old products. Layoff severance is the new pension.

And don't forget mergers and acquisitions - more fees in Wall St pockets. This classic conglomerate thinking and I'm surprised WS hasn't figured that out that H will be GE in 5 years when the loss of experience and talent comes home to roost. No offense to current people including remaining old hands, but too much knowledge has been lost.

Honeywell's best products: cost cutting, buy backs, sale of assets, spin-offs, benefit reductions. Can't last forever. Leaders don't care, they report to wall street only looking to maximize the return to their pockets. Can't cut to prosperity.

"Honeywell is likely to focus on further cost reductions in 2019 as well as redeploying capital into M&A." and "management taking renewed aim at fixed costs" just reinforce the certainty that current actions will continue, unfortunately for the incumbents.