JCI / Tyco Security Products Layoffs

By John Honovich, Published Jun 05, 2020, 04:42pm EDT

Johnson Controls / Tyco Security Products has confirmed COVID-19 related layoffs, expanding upon the April coronavirus cuts the company previously made.

IPVM Image

In this note, we share feedback from JCI, evaluate the impact on the company, consisting of Exacq, Software House, Kantech, DSC, and more.

JCI ********

*** ********* ** ****'* inquiry:

***** *** ************* ********* impact ****** ** *** COVID-19 ********, *** ******* is ****** ******* ** protect *** ********* ******** of *** ********. ***** steps *** ********* ** help ****** *** ********* impact ** *** *****-**** while *********** ******* ******** as ** **** ******** company ** *** ****-****. Looking ****** **** ************* crisis, ******* ******** ** well ********** ** **** the ***** * *****, more ****** *** **** sustainable ***** ******* *** comprehensive ********* ** ******** technologies *** *********.

*** ******* ******** ** comment ** ********* *** industry ******* **** **** the **** **** *********** and *****.

Retail ***

*** **** ** ***'* security ******** *** ** their ****** ********, **** e.g., ************************ *** ***** ******** products **** *** ****************** sold ** ****** **********.

****** ** ********* ********** and ***** *** ********** questions ** ** **** physical ****** **** ******* to *** ******** ******.

Product **********

***** **** ******** ************* have **** ********, *** ongoing **** ** *** could ****** *** *******'* long **** *********** ***********, especially ** ******** ******** increasingly **** ** *** cloud *** *** **, JCI's ********** *** ***** make **** ********** **********.

** *** ***** ****, JCI, ** **** ************ Tyco ******** ********, *** been ********** **** *** years ****** ********** ******** and **** ************* **** into *** ******* ************. To **** ***, **** may **** *** **** interested ** ** **** of ************ **** *** next *** *****.

Comments (6)

Undisclosed #1

06/08/20 01:33pm

**** ** *********** ** hear. **** **** *** bode **** *** *** industry *******. **** ***** business **** *** ******* protection ******* ** **** them ** *** ********* a ****** ** ****** full ********** ****** *** end ** *** ****. Those **** ******-*********** ** not ***** ** ***** businesses.

Undisclosed Manufacturer #3

In reply to Undisclosed #1 | 06/08/20 09:59pm

*****-** ** *** ********* for ***** ******* ********* with **** ********* *******, huge ********, *** **** debt. **** ** **** happens **** *** *** everything ** *** ****** being ****** **** *** present, ********** **** **** product ***** **** ********** and *********** ** **** fierce **** ****.

*** ****** *** ******** technology *** ******** ** still *****. **** *** be ****** *********, *** the ******* *********** * work **** ($*** *** under) *** ****** **** they **** ** ****.

Undisclosed Integrator #5

In reply to Undisclosed Manufacturer #3 | 06/09/20 12:57pm

* ** * ***** and ********* *** ********. I ** *** **** to ****** ** ************. It *** ** * shareholder ******** ** *** off *** ******** ** question, ***** ********** ***** years..You *** * ***'* know *** *******'* **** about **.

*** ***** ********* **** I **** *** ***** performing *** **** **** than * ** * months ** ******* ***** i ******* ** **** better **** ***** ** mid **** ********** **** you *** ********* **. Also ********** ** ******* 3rd ***** ********* *** competition; ***'* ***** ****** security ****** **** ****** visibility *** *** ******* stronger ********.

******* ** **** ************* on ***** **********; ** world ******** *** ********** like ***, ** ***** not **** **** ******, Microsoft, *****, ******, ****** etc. ** *** ***** to **** ******* ******** with * **** ** falling ******.

Rick Caruthers

Galaxy Control Systems
In reply to Undisclosed Manufacturer #3 | 06/09/20 01:04pm

***** ********* *** ***********. I **** **** *** years **** *********** *** customers ***** ****** *********** their ********* ******** ********* suppliers *** ** *** beyond *** *******. **** the ******** ***** ****** solid, *** **** *** rep, *** **** *********** in *** ***********. *** deeper **** ***** ** to **** ** *** current *-***** ** *** company..If *** *** * bio ******* ** "****** entrepreneur" **** * **** history ** "**** ****, raise ** *******, *** the ****** *** * few *****, **** *** move ** *** ****" you ****** ** *********. If *** *** ******* to ******* **** * company **** ** * division ** ********** ** a ***** ***********, *** to ***** ***** **** sit *********** **** *** rest ** *** *******. If *** ********/****** ******** is *** ***** ********** you ****** ** *********. Companies ***'* **** *** companies **** *** ****** money! ***** **** ****** the ********* ******** *** the *** ************ **** most ***** **** * way *** **** ******* and **** **** **** to *** *** ******.

Undisclosed #2

06/08/20 06:56pm

** ******* *** **** will ****** ******* *** support *******,******** *****,*******,***,

Undisclosed #4

In reply to Undisclosed #2 | 06/08/20 10:33pm

*** ***** ***** **** ever ****** ******* *** support **********?

Read this IPVM report for free.

This article is part of IPVM's 6,728 reports, 907 tests and is only available to members. To get a one-time preview of our work, enter your work email to access the full article.