Information here is PSS had 47 yesterday. More today were walking out to the parking garage at 9AM with boxes. Might not have completed yesterday it seems. AutoSol IT had at least 40 this week, but seem to be down to contractors and their fate next. Rumor is a $200mil budget cut was mandated for stronger reporting in Q1. Closing Bloomington office and moving people to Eden Prarie. Consolidation of Houston's buildings to 1. No information about BU teams as yet, but hear it might be coming in dribbles through the new year.
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Farr is an arrogant SOB. He thinks he is the best since life’s breadth.
Jim is unethical and immoral as described in other post on RAS. So you cannot expect too much from an unethical and immoral leader.
Senior management is White Men Club (WMC), injecting a few women here and there to make it look supporting Women in leadership.
Need to fire the b–tard FARR! Over his reign, the EMR stock has not gone anywhere. But again, he is surrounded by bought-out board.
I heard from a source in upper management there will be more layoffs in about 3 months and that they are being careful with the numbers to prevent it from being called "layoffs"
Austin PSS is brain dead. I had the mis-fortune to work there for a long while before leaving. The place is a leadership abyss. Most of the VPs are vain, political animals who surround themselves with sycophants and strut about in their corner offices. They had some great technical and product guys years ago and the company is living off their past achievements. Now though, IT, Marketing, wherever you look, there is clueless, vain management holding pointless meetings where yes men and women just stoke their egos. A pity because with the right motivation and leadership, coupled with the intellectual property and people this company possesses, this company should be world class.
Sad!!!!
PWS fired 30 people over the past 2 days, with another 30ish who accepted an early retirement package. More were let go in China. We already didn’t have enough people to do all the work, now the employees remaining will suffer and we’ll start to see quality in deliverables drop and miss commitment dates.
Interesting ... by dribbling layoffs through the new year, Emerson can avoid the WARN Act requirements.