Pros
Your co-workers are all smart and have high integrity.
Cons
Honeywell drives to lower costs and eliminate workers to the point of hurting itself by simply not having enough resources to make all of the money on the table. It seems this is a construct of conglomerates where they starve some entities of resources knowing that not only is it a miserable place to work, but in the high level viewpoint, it maximizes the profitability of the portfolio. It does however seem that the high level sets a vision on inputs (investment money and people) overall to hit a certain target profitability. However this method ignores the ability to input more into a given business to get more profits from this AND it ignores the human implications which are real. Meaning, if I remove a chair from an office, the other chairs continue to function as normal. Humans are not chairs. Particularly in older R&D driven companies, all of the remaining humans are affected when other humans are abruptly removed. Some of the humans that the company would like to keep leave, and others care a lot less about their jobs. These costs never seem to be calculated.