How many people were affected by redundancies at Teledyne so far? Does anybody know? And will there be even more before the end of the week (or even month?)
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laid off 20 by my count in Chestnut Ridge last month.
The company is probably well on its way to closing down. The market conditions that are being experienced now are unlike any other and aviation history. It’s nobody’s fault, the company could not save the Boeing 737 max, the company couldn’t stop the coronavirus from shutting down all the airlines. It’s just too bad. I fully expect the layoffs to continue at a steady rate until the entire El Segundo operation is folded it into another teledyne company Division.
Teledyne Controls has a complete lack of leadership. No words of encouragement from the President, or any of the V.P.'s , no words at all. Crickets. As of May 8 they will now be laying off 50% of the workforce, after laying off 20% in March and another smaller layoff in January. None of the executives are taking pay cuts to save jobs. They don't give a s— about us. I think they intend to close but are doing it by inches at a time, totally screwing with the employees.
30 people in Houston were laid off.
Anything you could share would be great.