Thread regarding Dresser-Rand Group Inc. layoffs

No news of furlough in news...

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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Post ID: @OP+C6piljP

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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?

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Post ID: @fxOO+C6piljP

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.

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Post ID: @5qFY+C6piljP

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.

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Post ID: @2IFy+C6piljP

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