CEO
Who is the CEO of Honeywell?
David Cote
What was the first recession the case discuess?
2001
What is it called when a company stops hiring new employees?
Hiring Freeze
What company bought Honeywell?
AlliedSignal
What company did Cote previsouly work at?
GE
What year did the Great Recession start?
2007
Salary adjustments, not matching 401K, freezing employee reward programs and a zero increased wages for employees are all example of?
Employee Compensation and benefit adjustments
Why did Honeywell and AlliedSignal not merge well?
Diffrent cultures
When David Cote became the CEO was Honeywell in a good or bad spot?
Bad
What event happened in 2001 that hit the aerospace industry hard?
9/11
What does it mean when an employee is laid off?
Temporary or permanent termination of employment by an employer for reasons unrelated to the employee's performance
What effect did the fail merger have on employees within the company?
Negative impact on morale.
What year did David Cote arrive at Honeywell?
2002
Was Honeywell's overall sales impacted in the thrid quarter of 2008?
NO
What does it mean when someone is furloughed?
A furlough is an unpaid leave of absence. While furloughed employees still technically retain their job
Why did GE not go through with the merger with Honeywell?
Regulations from the European Union
What part of Honeywell did David Cote sell in 2008?
Consumable Solutions
What branch of Honeywell was affected by the collapse of the consume credit card market?
Transportation System
What is the difference between being laid off and being furloughed?
Individuals are still considered employees when furloughed.
How many people would have been laid off if the GE merger went though?
500-1800