Topics regarding layoffs at Emerson Electric Co.

Topics regarding layoffs at Emerson Electric Co.

The untouchables

Reporting unethical behaviors of executives will only get you fired. So, the only alternative is to spread it through the grapevine. I am glad that it is now in the open and we all know how unethical and immoral Emerson executives are. If any... — read more 

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| 3420 views | | 4 replies (last November 23, 2020)
Post ID: @OP+181Llpnf

Yet another round of layoffs at Rosemount Twin Cities

After the spring and fall layoffs and the furloughs, sure wasn't expecting to hear of another wave of layoffs. Field sales, instrument builders, marketing, approvals engineer. Lovely time of year to put people out of a job.

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| 3000 views | | 7 replies (last November 26, 2020)
Post ID: @OP+180zij94

Actuation Technology

I have just been informed that a colleague of mine based in Crossridge have been layed off. 21 years with Emerson, fired in one day, noto because of performance or ethical issue but just to cut cost. This company has no respect for loyal employees. — read more 

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| 1795 views | | no replies yet
Post ID: @OP+17V65wpJ

Layoffs at Fisher?

Heard some high profile employee at Fisher in Marshalltown was let go yesterday? Was it just him or were there more throughout the site?

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| 1474 views | | no replies yet
Post ID: @OP+17Tvwmjf

FY 2020 Emerson announcement

https://www.emerson.com/en-us/news/corporate/emerson-fourth-quarter-and-full-year-2020-results "Completed 64 consecutive years of increased dividends per share and plan to announce a 2 cent increase for 2021, after today's Board of Directors... — read more 

This company has stagnated

You can’t change a company that wastes billions of dollars in acquisitions that have not generated any money for the past decade or more. This company has stagnated. They underpay, they are unwilling to keep employees trained. Software is getting... — read more 

More closures

Production at Elk River, MN will be reduced over the next 2 years with production moving to Mexico. The Lexington, KY plant is targeted for closure over the next 3 years. Their product lines will be dispersed over several other facilities with some... — read more 

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| 2750 views | | no replies yet
Post ID: @OP+17GEKjtE

Internal Moves Held Up??

Heard for months many management moves were supposed to happen around Oct I. Anyone know what is happening?

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| 3190 views | | 3 replies (last October 29, 2020)
Post ID: @OP+17webmUv

Farr is not leaving till 2021

The criminal FAxR is still playing politics ... he was asked to go .. board supported CEO , Been rejected by the scam-ster and trying to push his man for the post and given that puppet to learn how to run the business in one year to take over ... why... — read more 

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| 3920 views | | 6 replies (last October 13, 2020)
Post ID: @OP+17luGMqH

Thermodisc, Mansfield, OH

I read in the Ohio paper that Thermodisc in Mansfield is phasing out manufacturing over the next year. The manufacturing will be distributed to other plants in North America.

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| 1540 views | | 1 reply (October 1, 2020)
Post ID: @OP+17c8k5e6

Greenlee consolidation

Announced today: Greenlee facilities Genoa, IL and Louisville, KY will be shut down and consolidated to a facility in Arkansas over the next year. This is following the Rockford manufacturing facility already being consolidated to Elyria, OH this... — read more 

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| 4770 views | | 2 replies (last March 9, 2022)
Post ID: @OP+17cd3brL

Care

Emesron will be put on sale ... audit accounts fraud David Farr asked to go .... Ram and Lal will lead the organisation from Oct 01

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| 3000 views | | 7 replies (last October 1, 2020)
Post ID: @OP+17b1I9nd

More layoffs today or tomorrow?

I’ve been hearing rumors there are more layoffs coming no later than tomorrow to coincide with year-end FY20. What have you heard? Where? Details?

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| 2130 views | | 3 replies (last September 30, 2020)
Post ID: @OP+17bUPQWM

Emerson Climate Technologies

I head a rumor that Emerson Climate technology has both business Residenti al and commerciaEER up for Sale because of declining bussiness platforms .. I also head that a lot of people will their jobs because they only plan to keep Commercial products... — read more 

Possibly big changes comes to ISV

I was told by a colleague at Clay Rd that David Farr is visiting today (9/23/2020). Farr and upper management are meeting in their large meeting room to discuss unknown topics. But whatever they're discussing, it seems to be important. They closed... — read more 

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| 2581 views | | 5 replies (last September 24, 2020)
Post ID: @OP+175CLFMA

Business units goi g to be sold

Long awaited fudging accounts are going to get exposed ... Spun-off money of 8 billion was re injected to show growth ... Farr is going far now and will take billions with him before the scandal can break ... all good professionals must exit the... — read more 

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| 2720 views | | 4 replies (last September 18, 2020)
Post ID: @OP+16ZftLBO

They have no idea how lucky they are

Management and HR tells our small site same thing- we are lucky to have a job. No, you are lucky us little folks don’t walk and puts up with this c-ap, because we should just walk the hell out while you sit on thrones casting orders like we are your... — read more 

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| 2730 views | | 10 replies (last September 28, 2020)
Post ID: @OP+16XS0viR

More furloughs for Measurement solutions

October brings a new wave of furloughs for Measurement Solutions. I suppose it's better than the layoffs I'd expected in Q1, though I suppose that's still a possibility. Executives and field sales get to take their furlough in Q1 holiday weeks... — read more 

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| 2371 views | | 4 replies (last September 18, 2020)
Post ID: @OP+16Wx75YB

Fisher layoffs

Coworker told me that Fisher walked people this week.

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| 4170 views | | 10 replies (last September 16, 2020)
Post ID: @OP+16NGZJgs

VERP and layoffs in September

AutoSol - Voluntary early retirement - Age 60+, and 10+ years of experience. Last day of work will be end of September. Involuntary layoffs to follow.

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| 3000 views | | 7 replies (last September 17, 2020)
Post ID: @OP+16M0aUtP

More Acquisitions, More "Right-Sizing"

Yet another week of presentations about "cost-saving actions" - and yet another week where Emerson announces another acquisition. Maybe the next "cost-saving action" can be to stop buying other businesses when you can't prevent the ones you have from... — read more 

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| 3210 views | | 9 replies (last September 2, 2020)
Post ID: @OP+16EylT56

Bob Sharp firing and more layoffs coming at COMRES

Bob did not agree with Farr taking out more costs at comres. Hence he was fired. Now that he is gone, Farr has a free hand to prop up share price by taking out costs and buying back shares. That’s the only tool that Farr has in his toolbox. The other... — read more 

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| 9920 views | | 22 replies (last October 13, 2020)
Post ID: @OP+16BpRqaz

Paradigm fired almost all its employees

Paradigm has fired all its employees in Israel and Latin America. LATAM is where most of its revenues are coming from. That’s the condition Jim Nyquist from S&S insisted before the business moves to S&S. Dumb move. This business will die quickly if... — read more 

RAS selling off Zeki after disastrous acquisition?

Little bird in the investment banking community tipped off that Emerson is putting out feelers to ascertain what salvage value they would get if they sell Zedi which does not fit into Emerson hardware business and had been managed disastrously by... — read more 

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