Hope everyone enjoyed having a bonus the last few years. They rolled out a new bonus program, and it looks horrid. Current numbers stand at 91.1% of our bonus being paid out, with higher ups telling us to expect a lower bonus this year. Anyone who... — read more
Well there goes the Pension plan.
Frozen at the end of the year. People are pi---d. It’s the reason many stayed around as long as they did. Instead they will now kick in 4% to a savings plan and some profit sharing.
When does the shoe drop in other divisions
Layoffs/early retirements etc
2nd Round of Layoffs at Appleton Grp
First round of layoffs in late May 2024. 2nd round of layoffs in late June 2024. Confidentiality precludes sharing the main reason behind these cost-cutting measures.
And so it begins
MSOL announced last week that we're in cost cutting mode, requiring vacation usage this summer and putting early retirement out there for select employees. Unless the market improves unexpectedly, be ready for an October Not-Really-a-Surprise round... — read more
Farr’s Gag Order
When is his gag order up? He’s been way too quiet?
I wish I had went to Copeland.
This week, Copeland's CEO made a significant announcement: all 18,000 employees will receive shares in the company, valued at 2.5 times their current salary, before the IPO. It's worth acknowledging that while opinions may vary about the new company... — read more
MSOL Head Count Freeze
MSOL is freezing addition of any new head counts, and will be reviewing all backfills for critical necessity. In effect for the remainder of the year.
Enterprise IT has been hit
Enterprise IT had "restructuring actions". We were told that it affected only 5 positions, but they were like VP type positions. One is the "Chief Digital Officer" -- I didn't understand what he did and I guess the answer was "nothing that... — read more
Give a report card score for Lal
D+ Culture still a problem Lack of advancement in certain areas People officer fiasco Faux talk of sustainability while flying corporate jets around
Get a Clue
New CEO. High stock price. Major acquisitions. What does that equal? Layoffs. LK can’t keep the stock price high without major cuts.
Discrete ACSO is NEVER going to be GE!!
When Emerson purchased the GE facility in 2019 no one saw what was coming...a company continually devolving as it aims to destroy the manufacturing and human spirit! There was a reason that the entire management team retired in December '23. Now... — read more
More layoffs coming to Emerson in 2024
You have been warned. More layoffs coming to Emerson in 2024. First wave March 2024. Second wave September 2024
Leaders Who Don’t Listen
Will Eventually Be Surrounded By People Who Have Nothing to Say
Top Reasons Not to Work at Emerson
Run away before it is too latr
Culture K@ller
You can thank RK, and then you can look at LK for keeping RK employed. An employee suggestion for Emerson, fire the people who don't meet the employee standards.
Emerson Electric Layoffs 2024
Is there going to be any reorg or Emerson Electric layoffs? Any chatter, news or rumors?
Merry Christmas!
I will be laying the lot of you off in 2024
Will there be more US layoffs ( Dec 2023)
Will there be more US layoffs in 2023 or early 2024? If so, what site location(s) should be updating their resumes?
NI Class Action Lawsuit related to EMR acquisition
Did NI deliberately mislead investors about offers from Emerson Electric? Heck yeah we did! What’cha gonna do? lol. FAFO, is what I say. You’re fired. Go Boldly Ambitiously - Ritu’s jock. Class Action Alleges National Instruments (NATI) Induced... — read more
Copeland Self Destruction
Emerson selling Copeland to BlackStone, the digital cold chain group, consisting of Cooper acquisition, comfort controls, transportation, and Cargo just laid off 20 seasoned employees, the people with the real knowledge, leaving the "new" management... — read more
Pls associate NI w Emerson
NI (stock was NATI) Formerly known as National Instruments is NOW and has been for a while, a wholly owned subsidiary of Emerson Electric. Buyout went thru this summer 2023 (can't remember date)
Digital Transformation or Not?
Does anyone thinks that Emerson is doing digital transformation? I think it is simply a marketing ploy with no substance underneath.
Quality of Management
Real curious. Being as objective as possible, how do you rate lower and middle management within your area? Has Emerson's emphasis on a MBA or maybe ESG policies over say real leadership talent or other positive management attributes have real... — read more
Lal publicly announced the CPO
and then quietly dumped her hoping no one would notice.
Aging in reverse
I ran into a coworker who left Emerson a few months ago. They looked younger, healthier and happier than I had seen in years. Anybody else recognize how much healthier people look when they leave this dump?
Emerson Louisville Facility Closure
Recently, one of my acquaintances was laid off from work as a result of a reduction in the work force. Bright fellow. He had mentioned that the facility is likely to close in the coming year as they are moving production to Mexico. They had removed... — read more
John Rhodes - President of Cold Chain at COM/RES Terminate
Announced today.. John Rhodes is gone from COM/RES as President of Cold Chain. Craig Rossman is taking over, consolidation. This is mostly due to poor execution by JR of a bad plan. COM/RES will be sold off and they will keep HVAC.
Whistleblowers
Has there ever been a whistleblower that anyone knows of at Emerson?
Go Boldly
Who was the genius behind that?
A Serious Conversation on how to get Reasonable People on the Board
Look; we know that Lal and Company are at best minions that can't lead a dollar cigar to his mouth much less lead a multi-billion dollar operation. They obviously have a Board of Directors that is hand picked and never asks serious questions of the... — read more
ISV
What’s getting bundled with it for it to sell?