Editing Johnson Controls (section)

=== Merger with Tyco ===
On 25 January 2016, Johnson Controls announced that it would merge with [[Tyco International]] to create Johnson Controls International plc, a company headquartered in Cork, Ireland.<ref name="Globe">{{cite news|date=25 January 2016|title=Johnson Controls and Tyco to merge, to be based in low-tax Ireland|work=[[The Globe and Mail]]|agency=[[Reuters]]|location=[[Toronto]]|url=https://www.theglobeandmail.com/report-on-business/international-business/us-business/johnson-controls-to-merge-with-tyco/article28368145/|url-status=dead|access-date=9 March 2016|archiveurl=https://web.archive.org/web/20160125135652/https://www.theglobeandmail.com/report-on-business/international-business/us-business/johnson-controls-to-merge-with-tyco/article28368145/|archivedate=25 January 2016}}</ref> The merger was completed in September 2016.<ref>{{cite news|date=6 September 2016|title=Johnson Controls and Tyco complete merger|publisher=Johnson Controls|url=http://www.johnsoncontrols.com/media-center/news/press-releases/2016/09/06/johnson-controls-and-tyco-complete-merger}}</ref> Merging with the Irish company allowed Johnson Controls to become an Irish company itself, and enjoy sharply lowered corporate taxes, a process known as a tax inversion. This restructuring came at great expense of the workforce which was reduced by 52% between 2016 and 2022. The same occurred after the takeover of York International in 2005, which led to a reduction of 76% of the workforce between 2005 and 2016.<ref>{{Cite web|title=Johnson Controls: Number of Employees 2006-2021 {{!}} JCI|url=https://www.macrotrends.net/stocks/charts/JCI/johnson-controls/number-of-employees|access-date=7 February 2022|website=MacroTrends.net}}</ref>

[[Hillary Clinton]] condemned the company for wanting to escape United States taxes through the merger after having "begged" the government for financial help in 2008.<ref name="Gilbert">{{cite news|last=Gilbert|first=Craig|date=27 January 2016|title=Hillary Clinton slams Johnson Controls-Tyco deal|work=Milwaukee Journal Sentinel|url=http://www.jsonline.com/news/statepolitics/hillary-clinton-slams-johnson-controls-tyco-deal-b99659492z1-366736541.html}}</ref> The Johnson deal was termed "outrageous" by ''[[Fortune (magazine)|Fortune]]'' magazine.<ref>{{cite news|date=25 January 2016|title=You Won't Believe How Much Johnson Controls' CEO Is Making on the Tyco Deal|work=[[Fortune (magazine)|Fortune]]|url=http://fortune.com/2016/01/25/johnson-tyco-ceo-pay-molinaroli/|access-date=26 October 2016}}</ref> The firm estimated that it would save about [[United States dollar|US$]]150 million a year by avoiding American taxes.<ref>{{cite book|last=Reid|first=T.R.|title=A Fine Mess|date=4 April 2017|publisher=Penguin Press|page=2497}}</ref>