Invensys is no more. The company was taken over by Schneider Electric for a total of $5.5B USD in 2014. So, it has been a while, this is old news. Many long time employees were laid off. Schneider stop using the "Invensys" name - all was renamed to... — read more
Topics regarding layoffs at Schneider Electric
This got announced a few months back... It's turning into realty now. Not that big, but still a hit for the community... Schneider Electric has detailed the first round of layoffs that will come from the closure of its Peru facility first announced... — read more
Does anyone know if the (RIFs) in Houston are done, or will more departments be affected?
More layoffs announced by Schneider, again in the US. I guess laying off people is easier here than in Europe. This time it's 42 employees, all of which will be without a job by the end of March... — read more
Schneider Electric has announced it will let go of 61 workers at its Square D facility in Peru, marking a second round of layoffs that total a reduction of 130 employees to its workforce... — read more
About 20 folks have been laid off - they will be leaving on 1/1/2018 (or a day before not sure) - they now already and this is expected so far - I think about 20 will be laid off.
RIF (Reduction in Force) has resulted in many seasoned veterans and upcoming talent to leave - the loss of talent is profound. Schneider electric who bought Pelco did not understand the surveillance market and lost huge amounts of market share - I am... — read more