Thread regarding Emerson Electric Co. layoffs

What would have happened to ESI if it had not been bought by Emerson?

The accusations that all of the problems at Zedi, Geofields and ESI are one person’s fault is false. You could argue that these companies should not have been bought by Emerson. But, given all we have been through and continue to deal with in the oil & gas space there is a good chance all three of these companies would be out of business completely today had they not been bought by Emerson.
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ID @2fgn+1arS3j00 I am very sorry for the employees of ESI and I wonder what would have happened to that company if the acquisition had not happened in 2015? I believe the company could have had a much better future had it not been bought by Emerson.

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| 3701 views | | 13 replies (last October 10) | Reply
Post ID: @OP+1auiDzR9

13 replies (most recent on top)

@OP Agreed — I was with ESI, and I really enjoyed working with Koid!

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Post ID: @75rr+1auiDzR9

Sounds like the ball li---r ‘ab’ trying to defend his boss.

Yes this layoff would definitely hurt ESI. Good employees would jump ship soon. Some already did.

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Post ID: @9lqg+1auiDzR9

Ouch! That would hurt ESI’s business in the long term.

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Post ID: @6qlx+1auiDzR9

Yes, it will be this week. It affects Houston based ESI employees, about 15%.

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Post ID: @5wbx+1auiDzR9

When is the ESI layoffs happening? This week?

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Post ID: @5uud+1auiDzR9

If these companies were so great, it makes you wonder why the owners entertained and accepted the Emerson tender?

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Post ID: @5qly+1auiDzR9

You are only seeing what you want to.

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Post ID: @5drf+1auiDzR9

Total BS. Trying to exonerate PD and PSS leadership from screwing up great companies prior to Emerson. If these companies were headed for bankruptcy, why would Emerson pay a huge premium.

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Post ID: @5emt+1auiDzR9

Perhaps a lot of the blame could be placed on RAS management it PSS and Systems and Solutions management have managed RAS and all of the smaller acquisitions very poorly. PSS management cannot see beyond a DCS and haven’t been able to for over 20 years.

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Post ID: @4vir+1auiDzR9

Well, why would EMR buy these businesses? Another great risk/vision taken DFN, & the infamous Eddie Monser or Monster??? Can you say ENP ??

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Post ID: @2fqh+1auiDzR9

You are still somewhat free to hold an opinion although that and your ability to express it are being reduced across all of North America. And my opinion is different from yours.

Obviously you would not buy a company that was headed the wrong way. However no one that was involved in acquiring these companies nor the companies that were acquired knew what was ahead.

Additionally, the management that came along with the acquired companies bears responsibility as well!

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Post ID: @1jox+1auiDzR9

That is a bu–––––t take. Those companies were better managed on their own than the pi–s–poor job management they had once at RAS.

And I do believe the leadership at RAS is to blame. Maybe not just PD, but quite a few of them don’t have a clue and they never listened to the concerns employees were bringing up. Also that survey they have every few years is a joke. You had people saying 3 out of 5 and then Emerson had labeled that as being excellent.

Also why is it that difficult to believe of person at the top could cause that much damage. Farr did with when he burned billons on his Network Power mistake. And historically all the acquisitions have failed to give a good ROI and yet he wanted to get Rockwell Automation, while treating employees like cattle last year. And his approach of laying off thousands while keeping his stock options. He could have done much more like a true leader. So yes, Emerson is full of ineffective leaders who are destroying business and careers.

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Post ID: @1jqw+1auiDzR9

I don’t really understand your point. Why would you buy a company that was going to be out of business if we had not have brought them. Is that what we do these days? Are we some kind of grand saviour of poor performing companies.

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Post ID: @1aqz+1auiDzR9

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