After being put on part time pay and required to use up PTO by June 15th, many employees were let go on July 15th. About 40 people were affected by the RIF that included mostly Engineers and Quality Control. There was a significant loss of long term... — read more
Schneider Electric announced a “non” mandatory self imposed reduction in work schedule for all salary employees in the United States. Employees can choose 32, 24, or 20 hour reduced work weeks with corresponding pay decreases. This is a better... — read more
Where can I find more info on this?
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
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