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.

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

******* ******** / **** Security ******** *** ********* COVID-19 ******* *******, ********* upon*** ***** *********** ******* ******* ********** ****.

IPVM Image

** **** ****, ** share ******** **** ***, evaluate *** ****** ** the *******, ********** *******,******** *****,*******,***, *** ****.

[***************]

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 Integrator #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 Integrator #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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