Tyco Security Layoffs

Author: John Honovich, Published on Jul 13, 2015

One of the biggest security manufacturers, Tyco Security Products, owner of brands like Exacq, Software House, American Dynamics, conducted a layoff.

In this note, we examine what happened, what this means and who is still hiring.

*** ** *** ******* ******** *************, **** ******** ********, ***** of ****** **** *****, ******** *****, ******** ********, ********* * layoff.

** **** ****, ** ******* **** ********, **** **** ***** and *** ** ***** ******.

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

Tyco ******** *******

**** ********* ** **** ****:

"** **** ********** **** ********* ** **** ** *** ******* effort ** ******* **********, ** ** *** ****** ** ****** through ********** *** **********."

**** ** **** *********** ********* *********.

*** ******* ******** ~** ***** ********* **** **** *** ****** different **** ******** ******, ****** **** ******** ** ******* ** a ******** ******.

*******

** *** **** ****, ** ** *** ******* **** **** Security *** *********** ******** *** **** **** ********* *************. ******, the *********** ** ***** *** * **** **** *** ****** has ****** ***** ******** ***** **** (*.*., ******** ********).

** *** ******** ****, ***** ******* ** ****** * ******* to **** ************ *** * ******* ******* *** ****** ***********. Even ***** *** *** **********, ** ***** ***** ***** ****** ******** *** ******** **** *************** ******** ************* *** ** ******* *********.

****** *** *****, ******* ************* *** ****** **********, ****** **** ******** *** ********** ******.

Growth *** ******

********* ******* ************* *** ******* ******* ****** *** ********* ******* funding *** ***** ****** *** *** *** ******** *****.

**** **** *** ******* **** ******, **** ***** ************ ************* have ******** ******** *********** ** *** **** ****, **** ** IC ********'* $** *******, ********'* $** *******, *****'* $* *******, etc. **** *********** ********* **** **** ***** ********* **** ****.

**** ****** *** *** ****** ** ***** ************* ************* ******. Hikvision ***** *** ***** **** ~*** ***** ******** ********* ** the **** *** ***** *** ********* ** ** ** (*.*.,** **** *** *** ****). *** ***** ***** ** ********* ******* **, ** **** *** *** ***** *** ********.************* ******* ** **** ******* ** ** *********. ** *** other ****, **** ******** **** ************ ***** ******* ***** *** companies ***** ***** ** ***** *** *** *********** ** ***** companies *** ***** *********, ********** ** **********.

Looking *******

** *** **** ********'* **** ** **** ** * ****** trend *** ****** ** ***** ****** ******* **** **** ******* manufacturers **** *** **** ****, ** ****** ******* **** *********** and ****** ******* ********* ** *******.

Comments (7)

Undisclosed #1

07/13/15 11:36pm

*** ** *** ******* ******** *************, **** ******** ********...

******. ** ***** ** ******** ******* *********, *** ** ******?

John Honovich

IPVM | In reply to Undisclosed #1 | 07/14/15 12:51am

**** ******** ******** ****** *,*** *********.

********* *******,***+ *********.

**** ******* *,*** ********* ** ** ******* ****** ******.

** ** *** ***** ******** ****** **** ******* ** * am *** ****. ****: *** ******** ****** *** ********* *********, not **** *****. * ***** *** ******** *** ********* ******** are ** * ******* ***** ** ********* ** ***.

Rodney Thayer

07/13/15 11:46pm

***** **** ******** **** ****** ******* ***, *'* *** **** the "***** ****** ******* *** ****** *** *****" ******* *******. Since ****'** **** (**** ** **** ******) ************ * ***** that * ***** ****** ***** ** * ******* "************" ********.

John Honovich

IPVM | In reply to Rodney Thayer | 07/14/15 12:52am

** ** ** ** '************' ********, *** *** **** **** handled ** ** ******* ****, ********** ****** ***** ***** *** end ** *** *******, ***** ******* ****** ******* *** ******** outlook. ****, ** *** ***** ** *** ******* *** *** claimed ** ** **** ** *** *** ** '************'.

Undisclosed Manufacturer #2

07/15/15 06:16pm

*** ******* ******** ~** ***** ********* **** **** *** ****** different **** ******** ******, ****** **** ******** ** ******* ** a ******** ******.

* *** **** **** ** *** **** **** ***-*** ***** across *** ***** ** ***.

John Honovich

IPVM | In reply to Undisclosed Manufacturer #2 | 07/15/15 06:24pm

* ***** ********* *******, * **** **** *** *** *** to ** ************.

**** ** **** ********* / ******, ** ** **** ** tell *** ****.

**** **** *** **** *** *** ****** / ********* *** the ****?

Undisclosed Manufacturer #2

07/15/15 11:07pm

*** ****** ** *** ****** *** **** *** ** **** pretty ****** *** - *****, ******* **********, ***********, ***. - leads ** ** ******* **** ** *** ****** * **** cutting ****.

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