Praxair undergoes cuts in R&D

Get new comments by email
You can cancel email alerts at anytime.
Comments (2)

insider in Buffalo, New York

82 months ago

Worried of falling short on some analysts expectations, Praxair Inc. is performing budget cuts to its corporate sector. The amount of these cuts is quantified around 11-12%. The area most affected by these cuts is R&D.

- Was this comment helpful? Yes (11) / No Reply - Report abuse

ChrisDouglas408 in Buffalo, New York

81 months ago

The cuts are indicative of lingering problems in the R&D organization. While the company cuts R&D jobs, it continues to hire new people in R&D. Some of the cuts were unthinkable; a woman out on maternity leave, foreign employees who Praxair agreed to sponsor their Visas now scrambling to quickly find another employer before being deported, top performers with outstanding credentials, and a corporate fellow - the highest technical position in the company! Something is really stinky here.

- Was this comment helpful? Yes (18) / No (3) Reply - Report abuse

» Sign in or create an account to comment on this topic.