I find it odd that the furlough will take place in the coming weeks yet it has not been made public. Clients have no clue yet. The whole thing has been severely mismanaged.
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Anyone else see this on Bloomberg,
http://www.bloomberg.com/news/articles/2015-07-06/siemens-said-to-need-service-business-boost-to-reach-margin-goal
What are your thoughts?
I keep hearing it's all bout the shareholders well what's going to happen when you show a second quarter loss and the Siemens board sees how much DR is not really worth. Sounds like a good synopsis for where Siemens is going to back out and DR has to save money and liquidate assets to stay alive.
The furlough is NOT worldwide, India apparently has laws that do not allow that sort of thing to happen...... The offices of the company there have the "option" to work and still get paid...? If someone can clarify please do.