Heard that the leader of RAS will be fired soon. The feedback on this site has reached the powers to be in St Louis. Pray that they will put someone with leadership skills, vision and courage versus Pedro who has no vision, no leadership, no courage... — read more
ISV On Life Support
ISV VP/GM announced restructuring on a recent call. They have already taken deep cuts but hearing this BU will need life support after this next wave. OKC business for sale. Musical chairs leadership team. What a mess the whole V&C business has... — read more
July furloughs
Well, the automation solutions group got an email from Jon Stokes this morning saying that all salaried employees will be furloughed for one week without pay in July. Both exempt and non exempt employees. He said this move should save the company $30... — read more
Second wave incoming
Just before the covid 19 Emerson nnounced 2900 cuts + 1000 Jobs to be moved to low cost countries. Total 3900. Not considering the additional - not yet announced - cuts. A second wave will come, for sure Bumped to the top for those who are... — read more
Why so quiet ?
Did they RIF all of the Emerson people ?
Voluntary RIF question
I volunteered Friday and certified Monday. Does anyone know if there is a timeline as to when VRIF'd people will find out? Also has anyone heard if they are accepting more VRIFs this time around?
Covid 19 blkmtn
The Black Moutain plant has a positive Covid 19 diagnosis. The plant hasn't missed a beat. No disinfecting or temporary closing for disinfecting. Emerson doesn't care about its employees. Profit over people
Major layoffs at Emerson RAS
After laying off 20 employees in December, RAS laid off another 60 employees this month. This is the worse business unit to be in at Emerson. Pedro D'Ascola is the worse you can get as a business leader. No one in RAS or other business units look up... — read more
Emerson’s New Noble Causes
Helping to Increase Unemployment via Government Kickbacks Helping to Protect Executive Compensation even with “Executive Pay Reductions” Advancing Carbon Footprint via Corporate Aircraft (Master’s) ... — read more
Emerson started the firing of thousands of employees and contract laborers this past week
Emerson started the firing of thousands of employees and contract laborers this past week. The package was dismal, one week for every year of service and 2-month medical coverage. Others who took the voluntary separation package a few weeks ago had... — read more
Emerson confirmed payment of dividend on June 2020....
while tens of Emerson employees are fired every week (and the worst part still has to come).... https://www.emerson.com/en-us/news/corporate/emerson-declares-dividend-q2-2020
Mathematical modelling !!!!!
CEO IS GETTING THE COVID Trump package and delay the account losses for few more months to look the balance sheet good for the shareholders ...Someone said this is a financial company ... true all mathematical modeling (the new name for Fudging)
Layoffs started today
Layoffs started today as a first wave of 22% of all employees including hourly. 5/08/2020
EMERSON is a Financial company EMERSON don’t care about employees or Customers
“In a downturn like this, the first thing a company should do is give up any distributions to shareholders,” Lazonick said. “But in a crisis, companies will differ. Some will care … and some will rob the workers, who should expect that their... — read more
It's best not to waste your time here.Customers stopped buying as no innovation and prices are very high quality is going worse than ever
Every year they manipulate numbers to show growth .... they have not grown on technology nor in the installed base...They survive on spare parts sale by local business partners...Their costs are high 30 to 40% over the competition All acquisitions so... — read more
Welcome to Emerson...
Corporate employees will be furloughed for one week Non-corporate employees, the ones who sell, design and make products, will be fired Welcome to Emerson...
Emerson will be furloughing corporate employees for 1 week in May/June 2020
https://i.imgur.com/ZLro6Oi.png
Emerson is not an industrial company
Once dividend is assured, stakeholders do not care about how the company is run and which are the social costs of the dividend (unfortunately) Emerson is not an industrial company Emerson is a financial company who makes finance through... — read more
Information about Italy
Does anyone have information about possible layoffs in Italy to come soon? I saw people fired in 2019 but nobody up to now in 2020 I am very worried....
Second quartier Emerson announcement
https://www.emerson.com/en-us/news/corporate/emerson-second-quarter-2020-results Emerson Just announced an aggressive increase of restructuring actions in the fiscal year (by September 2020) up to 280 million $, 65 million more than previously... — read more
DARONA..... SET INSIDE EMERSON ACROSS THE GLOBE?
Honest professionals with no political backing inside the organization must jump the ship. You are the one targeted by mafia management. Don't think these are professionals. The company surviving in spare parts business and most of the businesses say... — read more
cannot wait
Oil & gas market, as well as many other markets, will recover Economy and industry will need oil and gas for at least the next 30 years Problem with emerson is that management decision is driven bt next quarter financial announcement and this... — read more
Tick tock...
Some rumblings that layoffs are around the corner ...regardless of COVID-19 outcomes. This oil price thing really broke the Emerson camel's back.
Emerson and there lies
If a company says it is Needed because they provide services like regeneration to hospitals but only makes maybe 30% of most refrigeration models yet it is back to work as usual making non refrigeration beside a small percentage of refrigeration... — read more
Conrvirus
What a load of c-ap that David Farr stated he cares about his employees. If he did he would would send I risk home. All I can say is I hope the company gets what's coming to them and they get sued they can't keep a social distancing of 6 feet nor... — read more
Hey Ram
Have you figured out yet that when you don’t allow people to work from home and eventually have to close a site that Lal will use it against you and your quest for CEO/COO?
My experience with emerson
I just left the company (bought by Emerson in 2017) I joint 12 years ago. I have been very lucky in finding a new - better paid and with bigger responsibilities - job quickly and I am very happy to leave emerson. What I have seen in the last... — read more
Tadadada: Emerson unveils $425M cost-cutting plan that eliminates 2,900 jobs
Still the plan? How about 5000 jobs now with all this recession talk.
COVID19 / Master Thread for Corona Virus and Emerson Electric
What will happen next and were will this take us?
Plant Closures in The Works!
Plants to be closed and consolidated but confirmed plans for Appleton and OKC sites in the US. Discussions have progressed and actions to be taken Q3 2020 with majority of staff to be laid off and no relocation to other opportunities. Next round... — read more
2900 Mo' to go.
Don't even have to put it here as a rumor, since it's trending in the bis news. https://www.bizjournals.com/stlouis/news/2020/02/13/emerson-unveils-425m-cost-cutting-plan-that.html Such a friendly picture of the CEO.
Stafford Layoffs to start soon?
From the rumors on the happenings in Stafford it would appear that layoffs will start sometime in the next 2 to 3 weeks.
When will layoffs stop?
How many more of "layoffs here" or "layoffs there" announcements do we have to go through before we can finally relax? No matter where they say they are cutting people, it seems that they always use the opportunity to get rid of a few people in other... — read more
How many people work at Emerson Electric?
How many work at the company? What is the overall employee count at St. Louis?
Cuts in Europe
Cuts also in Europe - with no strategic vision. No lazy people laid off, just the best ones, so far. Going to be out of business soon.
Emerson - Flow Groups: Global Layoffs Jan 7, 2020
Global layoffs happened at multiple locations, including Boulder, Houston, Eden Prairie, Europe, and more this past Tuesday. They cut deep; it was brutal. Many departments lost three people. They cut people with many years of service, and a fair... — read more