It will be the last day of the month Friday (July 31). Rumors have it will be ugly.
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Nah, Frank is just firing the impact partners.
Emerson rewards executives with lots of MSR bonuses, company car and country club membership.
Heard theirs a laid off employee in Marshalltown that still has a company golf membership.
The three stooges as they like to be known, Ram, Sabee and Lal are doing the firing on behalf of the worst CEO of the decade, Farrk. Emerson CARES for its executives who get stock grants every year. Keep the stock price up by firing employees.
Frank deDong is still firing people?
I am certain there is going to be more layoffs. And they will happen before the end of the quarter.
I guess it depends on which group you're a part of. But typically Emerson has been laying people of right before the quarter end. We had big layoffs in March and June. 4th quarter ends at the end of September. We already know there's going to be layoffs with the SAP teams from several BUs combining into one at the AutoSol level when they hire NTT to take over support. I'm sure more layoffs will occur as well.