Do you think there will be Emerson Electric Layoffs in 2019?
1 reply
Emerson's significantly fortified it's offerings in Oil and Gas so with oil prices flat/falling and lower CAPEX spending by said industry coupled with the Company's goal to reduce the relatively high dividend payout ratio then I predict that there will be layoffs in 2019. Their business has run its course as far as capitalizing on delayed CAPEX and equipment replacement from the previous downturn so buckle up...