Pelco Layoffs September 2011

Author: John Honovich, Published on Sep 27, 2011

Schneider Electric has announced layoffs, aka a 'workface reduction' for the Pelco division and Clovis facilities. We spoke with Schneider and they confirmed that the layoffs are part of a broader corporate restructuring impacting many parts of Schneider Electric.

Read the official Schneider/Pelco layoffs statement.

This is the latest in a series of layoffs at Pelco in the past few years. However, this is the first one that Schneider reports is part of overall parent company restructuring. In June 2008, Pelco laid off 19 people and put the corporate jet up for sale. Then, in January 2010, Pelco laid off 100 employees.

While we do not know Pelco's specific financial state, we believe that Pelco, like almost all analog incumbents, are challenged to make the transition from analog to IP sales. The problem is the overall video surveillance market is not growing fast. While the IP segment is booming, it is coming mostly at the expense of the analog segment. A dollar made by an incumbent like Pelco on the IP side is often offset by a $1 or more lost on the analog side as they are shifting existing customers and often losing customers to IP only providers like Axis, Arecont, Avigilon, etc.

Update: The Fresno Bee is reporting that approximately 50 people were layed off out of a total roughly 1500 - about 3% of the total workforce. The Bee notes that the layoffs were "scattered throughout the Clovis manufacturing plant and were not in one particular department."

2 reports cite this report:

Pelco Layoff Examined on Jan 12, 2010
Pelco has announced a layoff of 100 employees, or approximately 4% of their global workforce of 2400. Pelco cites 3 main factors: "the result of...
Pelco Cuts Costs and 1% Employees Layoff 2008 on Dec 02, 2008
Summary: 19 employees cut, salary freeze implemented, corporate jet to be sold, no more personalized license plates. All in all, this is a very...
Comments : PRO Members only. Login. or Join.

Most Recent Industry Reports

2019 Access Control Book Released on Dec 12, 2018
This is the best, most comprehensive access control book in the world, based on our unprecedented research and testing has been significantly...
Huawei Hisilicon Quietly Powering Tens of Millions of Western IoT Devices on Dec 12, 2018
Huawei Hisilicon chips are powering, at least, tens of millions of Western IoT devices, such as IP cameras and surveillance recorders, a fact that...
FLIR Launches Body Cameras Unified With VMS (TruWitness) on Dec 11, 2018
While FLIR is best known for their thermal cameras, now they have expanded into body cameras, launching TruWITNESS, a public safety focused body...
Startup Sunflower Labs' Autonomous Drone Security System on Dec 11, 2018
Startup Sunflower Labs is claiming a unique design on a home security system, combining autonomous drones and 'Sunflower' sensors. Imagine an...
The 2019 Video Surveillance Industry Guide on Dec 10, 2018
The 300 page, 2019 Video Surveillance Industry Guide, covers the key events and the future of the video surveillance market, is now available,...
Multi-Factor Access Control Authentication Guide on Dec 10, 2018
Can a stranger use your credentials? One of the oldest problems facing access control is making credentials as easy to use as keys, but restricting...
Top 2019 Trend - AI Video Analytics on Dec 10, 2018
160+ Integrators answered: What do you think the top industry trend will be in 2019? Why? AI / video analytics was the run-away winner with...
AV Tech Company Profile on Dec 07, 2018
Taiwanese manufacturer AV Tech's revenue declined ~70% since 2012. Planning a comeback, AV Tech spoke to IPVM about their opportunities and...
Ubiquiti $79 Flex IP Camera Tested on Dec 07, 2018
U.S. Manufacturer Ubiquiti has released a 1080p, integrated IR IP camera, selling it directly for $79, making this one of the least expensive IP...
Infinova's Xinjiang Business Examined on Dec 07, 2018
As pressure mounts for companies to stop doing business in China’s Xinjiang region amid a severe human rights crisis, IPVM has found Infinova sold...

The world's leading video surveillance information source, IPVM provides the best reporting, testing and training for 10,000+ members globally. Dedicated to independent and objective information, we uniquely refuse any and all advertisements, sponsorship and consulting from manufacturers.

About | FAQ | Contact