JCI / Tyco Security Products Layoffs

By: John Honovich, Published on Jun 05, 2020

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 **********?

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