Furlough Examined

The local Fresno news is reporting that Pelco will be furloughing employees [link no longer available] this summer. Pelco responded via email, "Manufacturing, assembly, fabrication some others have to take off on Fridays and one week in July and one week in August.  This to relieve excess inventory due to reduced sales over last 6 months. All North American Pelco employees have to take up to two weeks of accrued vacation anytime during June, July and August.  This to improve profitably.  Pelco will be open for business everyday, will take orders, will ship orders and provide our same level of fanatical customer service ALL summer. "

This move is consistent with the flat to negative sales growth being seen for traditional video surveillance providers.

Also, and ironically, Pelco just released a recruitment video focused on attracting engineers (one employee in the video notes how they left Apple to go to Pelco).