Does anyone else think that Emerson moving out of St. Louis is a very clever way to clean house?
If they wanted to start fresh with different people, with different mindset, with different attitudes… Moving to a new city would be the perfect way to do it.
8 replies (most recent on top)
Emerson is staying. Haven’t decided on St Louis City or County. Small layoffs in Feb at HQ drawn around simple logic of split (who is going to which business unit).
Chairman Lal Karsanbhai wrote an op-ed
Last week, Emerson, which has called St. Louis home for over 130 years, announced their plans to keep their global headquarters here in the metro.
“We believe in St. Louis, and we are here for the long haul, ready to do our part to help the region thrive,” wrote Emerson CEO Lal Karsanbhai in an op-ed column in the St. Louis Post-Dispatch earlier this week. “I love St. Louis. It is where I choose to raise my family and why I support keeping business here,” Karsanbhai continued, adding: “It is also why I am issuing a challenge to the region’s business community … Business leaders must come together to build a stronger community that leaves no question
LK won’t consider Texas with current Governor. Afraid it will damage his BOD-appeasing woker-than-thou culture-cred with female employees and prospects. Pretty sure there females in Texas already?
Emerson/Ridgid are down sizing is orange, VA too
You can’t claim to want a new culture and stay in St Louis. They are stuck in the Farr era.
Management structures at AutoSol essentially become redundant with corporate so yes, more right sizing the organization and HQ relocation.
It's a great way to clean the house of all the whiners and complainers in St.Louis. Looking forward to it.
Austin isn’t talent rich?
No state income tax in Texas
No. Emerson customers aren’t there. Not super tax or talent friendly city.