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Pelco Realigns Organization to Meet 2010 Economic Conditions

Clovis, CA (January 13, 2010) – Pelco management announced today that as the result of slower than expected sales recovery from early 2009 declines, increased efficiency in manufacturing, and our anticipation of weak industry growth for 2010, the company has decided to reduce the size of its workforce.

“Layoffs are and have always been a last option for Pelco”, said Dean Meyer, Pelco President and CEO. “This is a very unfortunate situation, but we must realign the size of operations to better match current economic conditions and to adjust for manufacturing improvements implemented over the last 12 months. This has been a very difficult conclusion for us to reach.”

Officials added that even though an aggressive, company-wide approach to cost management was implemented throughout 2009 — including work furloughs, salary freezes, out-sourcing of non-core business functions — the continued economic downturn and the shift of business toward emerging economies has created an environment that cannot sustain the company’s current U.S.-based operations. According to officials, about 100 employees are expected to be released. The reduced work­force will not have any impact on the company’s ability to serve and support customers.

“We are doing our utmost to support those affected,” said Meyer. “As we go through these difficult changes, I appreciate the support and understanding of the entire company. Pelco will do everything we can to help these employees find new opportunities.”

Pelco will continue to build its reputation for providing industry-leading technologies and customer ser­vice by continuing to streamline operations, increasing its front-line selling resources and focusing on its core business.

Photo (above) reproduced by kind permission of Pelco

About Pelco
Pelco, Inc. by Schneider Electric is a world leader in the design, development and manufacture of video and security systems and equipment ideal for any industry. Pelco produces the security industry’s most respected offering of discreet camera domes and enclosures, video matrix systems, next-generation digital video recorders, Full HD LCD monitors and megapixel cameras, IP solutions and fiber optic transmission systems for video/data – and much more.
For additional information, please visit www.pelco.com.

Why not visit Doktor Jon's Manufacturers Directory page for Pelco