Farr is due to retire in 2021. Jamie Froedge will take over as CEO but not Chairman. Farr will continue to stay on as chairman to ensure that none of the skeletons in the closet are uncovered and his secrets remain a secret until the statutory limit... — read more
Topics regarding layoffs at Emerson Electric Co.
I see a lot of good people with such talent being miserable at their job or having an exit strategy. They all say the same things, the company is doomed, politics, we are treated as assets with no value and so on. It’s hard to watch so much... — read more
How likely is that there will be Emerson Electric Layoffs 2021? Any news or rumors?
Reporting unethical behaviors of executives will only get you fired. So, the only alternative is to spread it through the grapevine. I am glad that it is now in the open and we all know how unethical and immoral Emerson executives are. If any... — read more
After the spring and fall layoffs and the furloughs, sure wasn't expecting to hear of another wave of layoffs. Field sales, instrument builders, marketing, approvals engineer. Lovely time of year to put people out of a job.
I have just been informed that a colleague of mine based in Crossridge have been layed off. 21 years with Emerson, fired in one day, noto because of performance or ethical issue but just to cut cost. This company has no respect for loyal employees. — read more
Heard some high profile employee at Fisher in Marshalltown was let go yesterday? Was it just him or were there more throughout the site?
https://www.emerson.com/en-us/news/corporate/emerson-fourth-quarter-and-full-year-2020-results "Completed 64 consecutive years of increased dividends per share and plan to announce a 2 cent increase for 2021, after today's Board of Directors... — read more
You can’t change a company that wastes billions of dollars in acquisitions that have not generated any money for the past decade or more. This company has stagnated. They underpay, they are unwilling to keep employees trained. Software is getting... — read more
Production at Elk River, MN will be reduced over the next 2 years with production moving to Mexico. The Lexington, KY plant is targeted for closure over the next 3 years. Their product lines will be dispersed over several other facilities with some... — read more
Has anybody heard anything new?
If you are a senior exec in your business unit, or in corporate, how will you change Emerson?
JN has departed Systems and Software. Time for DNF to do the same. Two useless execs who mismanaged Emerson.
Heard for months many management moves were supposed to happen around Oct I. Anyone know what is happening?
The criminal FAxR is still playing politics ... he was asked to go .. board supported CEO , Been rejected by the scam-ster and trying to push his man for the post and given that puppet to learn how to run the business in one year to take over ... why... — read more
I heard we can expect more layoffs at Emerson today, can anybody confirm this?
I read in the Ohio paper that Thermodisc in Mansfield is phasing out manufacturing over the next year. The manufacturing will be distributed to other plants in North America.
Announced today: Greenlee facilities Genoa, IL and Louisville, KY will be shut down and consolidated to a facility in Arkansas over the next year. This is following the Rockford manufacturing facility already being consolidated to Elyria, OH this... — read more
Layoffs have started. For Measurement, apparently about 70 people in Houston, Brendan, Minnesota, Boulder.
Emesron will be put on sale ... audit accounts fraud David Farr asked to go .... Ram and Lal will lead the organisation from Oct 01
I’ve been hearing rumors there are more layoffs coming no later than tomorrow to coincide with year-end FY20. What have you heard? Where? Details?
I head a rumor that Emerson Climate technology has both business Residenti al and commerciaEER up for Sale because of declining bussiness platforms .. I also head that a lot of people will their jobs because they only plan to keep Commercial products... — read more
I was told by a colleague at Clay Rd that David Farr is visiting today (9/23/2020). Farr and upper management are meeting in their large meeting room to discuss unknown topics. But whatever they're discussing, it seems to be important. They closed... — read more
Long awaited fudging accounts are going to get exposed ... Spun-off money of 8 billion was re injected to show growth ... Farr is going far now and will take billions with him before the scandal can break ... all good professionals must exit the... — read more
There surely must be someone here who knows when exactly things are going down. Share it with the rest of us!
Management and HR tells our small site same thing- we are lucky to have a job. No, you are lucky us little folks don’t walk and puts up with this c-ap, because we should just walk the hell out while you sit on thrones casting orders like we are your... — read more
October brings a new wave of furloughs for Measurement Solutions. I suppose it's better than the layoffs I'd expected in Q1, though I suppose that's still a possibility. Executives and field sales get to take their furlough in Q1 holiday weeks... — read more
Coworker told me that Fisher walked people this week.
Papa Farr’s merry bunch of id–ts have all been saying how more “unfortunate” actions need to be taken. How about they take actions on themselves too by reducing their salaries and bonuses even further. So it’s okay to lay-off and furlough even... — read more
AutoSol - Voluntary early retirement - Age 60+, and 10+ years of experience. Last day of work will be end of September. Involuntary layoffs to follow.
This what I had heard. Division has less than 100 employees (I think). Some offered to relocate to MN. Any more info?
Yet another week of presentations about "cost-saving actions" - and yet another week where Emerson announces another acquisition. Maybe the next "cost-saving action" can be to stop buying other businesses when you can't prevent the ones you have from... — read more
Something tells me next week something is going down. Does anybody have insider info as to what Pedro and Co are up to?
Bob did not agree with Farr taking out more costs at comres. Hence he was fired. Now that he is gone, Farr has a free hand to prop up share price by taking out costs and buying back shares. That’s the only tool that Farr has in his toolbox. The other... — read more
Paradigm has fired all its employees in Israel and Latin America. LATAM is where most of its revenues are coming from. That’s the condition Jim Nyquist from S&S insisted before the business moves to S&S. Dumb move. This business will die quickly if... — read more
It will be the last day of the month Friday (July 31). Rumors have it will be ugly.