We are exposed to oil industry swings, I am sure we'll figure out how to survive but many businesses are affected.
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Is this the end of LeCroy?
They bought us 2 months ago and just got rid of 5 midlevel people. We only are a 40 person office
Jesus teledyne is evil
The people who get laidoff are the lucky ones. Most of the time they attempt to coerce the employees to quit so they don't have to give out severance pay.
Yep. Layed off 30 people at Dalsa end if July. 10% of people. This after layoffs nearly every quarter prior.
More to come. Milking the ciw before going off to slaughter. This many talented people gone is the beginning of the end.
all teledyne segments are going through layoffs, they are just hiding it. Dalsa, Brown, LeCroy being the biggest.
Never believe what they tell you when they buy your company up. The layoffs are coming.
Has nothing to do with us?
Good luck, we will see layoffs for sure in 2015