Thread regarding Schneider Electric layoffs

Are more layoffs in Houston coming?

Does anyone know if the (RIFs) in Houston are done, or will more departments be affected?

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There are always layoffs each year. They make a list when they need to boost their revenue, and raise stock price. They just had a RIF where many highly qualified seasoned employees were let go.The same ole managers/directors/VP that make this list are still here. They need to let go some of these people instead of letting the people who actually worked and knew what was going on go. They can't raise the stock price or show growth by stuffing the channel as there is no supply. Maybe they don't want the assets due to fines for taking kickbacks. Buying back their stock to raise the price. A lot of unethical actions happen here . Their streamlining and efficiency tactics really mean they are eliminating positions with outsourced cheap labor. Don't consider this a career, Your a number not a person here ,as shown by your prison # oops I mean SESA #. Trying to make it into 2019. but They typically lay off right before the holidays as they care so much for their employees .

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