Conference tnpubs::xwell

18.0. "Thanksgiving Layoff/Reorganization" by ULTRA::KINDEL (Bill Kindel @ LTN2) Fri Nov 13 1987 08:56

    Today's Boston Globe (and several news reports I've seen/heard)
    announced a layoff/reorganization at Honeywell Bull.  500 of the
    total 1600 jobs eliminated nationwide are here in Massachusetts,
    with the implication being that they're mostly in manufacturing.
    At the same time, there was a promise of a number of new jobs in
    engineering opening up.
    
    Phoenix manufacturing consolidates here in Lawrence, eliminating
    another 800 jobs in the Valley of the Sun.
    
    A new building (the second tower at Concord Rd?) will bring together
    most non-manufacturing people in Billerica.  Since 200 Smith St. has
    been sold, I assume that means they're starting to plan the move. 
    
    It looks like the Financial Incentive Plan has been resurrected to help
    select victims.  Thinking back over previous layoffs, the 500 this time
    could be a biggie depending upon how it's really distributed.  I got
    the feeling that the text of the announcement had been carefully worded
    in that the sentence following the layoff announcement talked about
    reducing manufacturing costs. 
    
    There had been some discussion about choosing between closing the
    Chandler, AZ and Brighton, MA printed-circuit assembly lines, since
    either one could handle the entire U.S. production.  I guess we
    now know which one survived.

    If anyone has additional details, such as time schedules and the
    *real* distribution of the layoffs, please enter them as replies.