Honeywell Internal Email Shows Airplane Boom Time Over, More Layoffs Coming

by Mike ‘Mish’ Shedlock
Mish Talk

A Mish reader who works at Honeywell informed me last week that a huge slowdown was coming in the aerospace/aircraft business.

I now have the internal memo from Tim Mahoney, Chief Executive Officer of Honeywell Aerospace, with comments from the reader who went through a similar layoff and forced furlough situation last November as well.

Obviously, things have not improved.

Honeywell Employee “HE” writes:

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