Honeywell cut 3,017 jobs in third quarter

Reuters

Published Oct 21, 2016 12:41PM ET

Honeywell cut 3,017 jobs in third quarter

(Reuters) - Honeywell International Inc (N:HON) said on Friday it had cut 3,017 positions across all its businesses in the third quarter, mainly related to the separation of its automation and control solutions business into two new reporting segments.

Honeywell had 129,000 employees as of Dec. 31.