Now bend over and don't clench up.
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Most of Tax break money and also repatriation of overseas money already allocated for stock buybacks and dividends, IMHO. Also, I am guessing a 1 time charge coming to relieve some of the pension obligation. Hon doesn't want to have to keep paying out monthly checks, perhaps lump some option coming. And the cost of continued slow morphine drip of employee reductions. That's about all I can think of that Hon cares about.
Honeywell will take the extra money created from the tax break to increase outsourcing. It will not help if you live and work here in the US. Sadly.
The US Corp. tax break was specifically done to help job growth in the US ! Gee, I bet Honeywell with get going on US hiring, investment and raises ! NOT ! I Don’t believe they want any workers in the US.
Can’t make honeywell Great Again with the people we have running the company. They should all get thrown out but they’re corrupt all the way to the top.
Yes I go think the new tax bill will help me directly, I go from 25% to 12% HUGE tax savings.
And does anyone else notice how a bunch of middle aged white men, who probably can’t match their garanimals without their wives help, can sit on a stage and act like little boys with big egos, while jerking around with the lives of their employees? It is all one big laugh for them.
You guys are fools if you think the tax break will benefit you.
Any mention of Job growth in the US ? (Corp. tax break ). Make Honeywell great again !
Current Match Settings from website.
Your maximum total contribution is 30%. Your Company match is 75% of your contribution up to 8% of your base pay.
I wonder where free cash flow would come from
Get used to constant cost reductions because these asshats running this place couldn't manage a condom stand in a whorehouse. These scumbags are only in it for themselves and they'd all just as soon step on you to get ahead. I wouldn't pee on any of the so called leaders of this place if they were on fire.
Townhall basically said
-Fantastic financial year (Actually got organic growth)
-Still room for improvements (Free cash flow, inventory)
-Raising 401k match from 6% to 7% (Your tax break bonus)
-Get use to 1% (productivity/cost reductions (RIFs)) every year.
Could someone summarize what was said at the town hall
This is why I don't even bother listening to the propanagnda machine. It's all lies unless it's true, and if it's true it's bad for employees and customers but good for the "leaders". It's a total waste of time.
What was announced last week?
Best for whom ? I’m guessing it’s not going to be best for customers and guessing it’s not going to best for employees.
Unless the the best thing for employees is more layoffs. In that case the best, Was announced last week. Good luck to all.