A deal has definitely been signed. I don't know the details but everything was signed about two weeks ago. GE managed the minority ownership. I don't know about the combination of Cybersecurity. An announcement should be happening soon. I think it... read more
Comment! It's anonymous! Post information you know, rumors you heard, your experiences, or contribute to the discussion by answering or asking about layoffs at GE Digital. The comment form is located near the bottom of the page.
Topics regarding layoffs at GE Digital
https://www.bizjournals.com/atlanta/news/2016/06/27/could-ge-be-bringing-more-big-data-jobs-to-atlanta.html How is this working out?
I heard from a reputable source that the deal is done but they won’t tell me who. Anyone know who the unlucky winner of coretech is?
Please Dr. Amos. Not William.
GE executives made no mention of GE Digital, software, or IoT on the third-quarter earnings call Tuesday.
General Electric Co.'s longer-term issuer default rating (IDR) was downgraded two notches to BBB+ from A at Fitch Ratings. The move, which puts GE's rating at just three notches above "junk" status.
His meeting was run by other leadership team members as he is "travelling"
One would expect working at GE Digital to not be the strongest item to put on a resumé, but time and time again, former executives from GE Digital seem to be landing good jobs at other firms. I had a conversation with one such executive who was... read more
No mention of GE Digital today?
Guess that shows how insignificant he was.
Job Cuts At GE Digital Roughly a week before John Flannery’s mid-November 2017 Update conference call, notice of permanent layoff was given to 158 GE Digital employees, per this extract from a WARN report publication, Notice date 11/07/2017... read more
BC said in an interview at CNBC that "digitalistation" or "digitalilization" is the key to GE's future.
I was personally impressed by Larry today. He appears to be embrace being a nerd. Humor. Candid. Doesn’t like the royalty c-ap. Why would a guy agree to do this if he thought he would fail? Wants to walk to work. Going back to fundamentals. Kudos to... read more
I could not have been happier to hear the organization, as a whole was falling apart and disbanding after the way they treated employees and candidates when their profits took a hit. This companies ego was its downfall and it got what was deserved :)
Anyone have any information on when this beast(liability) is going to be sold.
70+ fired in Detroit ? True False ?
If bad management doesn’t get us the spies will. https://youtu.be/FJM5rgr-pqw Just think of how many possible bad actor Insiders they don’t know. One of the biggest threats any company faces.
Let's see how long Larry puts up with his lying BS. If Larry is serious about transformation and recovery, the Bill and Khozema show will hit the road.
Predictions on if anything goes down before end of year? Reportedly new ceo was in on meetings for this brilliant idea as board member. I wonder if he has a good dector to see the imposter at helm or he is sold on the sleaze fast talking.
I had to post this interesting interview with GE Digital Europe’s SVP Deborah Sherry. The topic is more than convenient for this site, giving that it covers the topic of how new technologies and automation impacts the workforce and is it that big a... read more
Leadership made the call to postpone/cancel Minds & Machines. Make no mistake this came directly from Larry Culp. The guy is trying to stop the stupid internal spending that GE does to stroke the egos of executive's. This is a smart call as the event... read more
With their inability to close the sale with the buyer and the new CEO how much time do Bill & Khozema have left to flounder in San Ramon? I hope Larry fires both of them and not a buyer, far more insulting to these guys to get canned by GE.
I wonder if Flannery will start posting here
What’s does this mean?
In all seriousness how the F**K is Khozema still employed? This man is responsible for bad decision after bad decision and gets promoted, absurd. This dude is responsible for: 1) Materially misstating publicly reported financial statements 2)... read more
Given the fact that they started this divestiture in February, my suspicion is that they were unable to find a buyer for the entire business and are trying to sell off different chunks. The team thought of unloading the automation business three... read more
Stock is falling like a meteor. Lmfao! Employees leaving in droves. Lmfao! Power business struggling. Lmfao! Ruh still in charge of Digital. Lmfao! Flannery is failing! Lmfao! Thanks for laying me off just as I vested and paying me a bunch of money!... read more
From today's all hands I'm getting the impression if there was a serious buyer before, they've backed out, OR there never was a serious buyer and they just assumed they'd have one by now. Wonder what will happen to us if no buyer comes though... read more
The next big announcement should be a partnership with a major software developer and should happen 4Q 2018. The merger will morph Predix into a new direction to give an external image of a new version/approach to calm Wall Street. Internally the... read more
Beth Comstock Wrote a new book on how she made almost $4M per year Where was her courage and backbone in telling Jeff to stop his id--tic ideas I guess she was just a GE trophy wife.
Leave while GE Digital is still an asset on your resume. You don't want to be in a situation in which the reputation of the company is so shot that having worked here becomes a liability. Wouldn't be the first time it happened. Just ask the folks who... read more
We had buyers lining up to buy GE Capital’s assets. Because GE Capital produced astounding revenue for the company. Buyers are still interested in some of Capital’s remaining businesses like GECAS. What about GE Digital? I don’t see buyers lining up... read more
I'll take the lack of layoff chatter here as a sign we are not looking at any layoffs soon? Or am I missing something?
They’ve licensed Headspace. https://finance.yahoo.com/m/e6a6f3b2-631b-3bac-a376-4e6eda9f95ed/meditation-app-headspace-on.html
Is in shambles... Right now, it is only reacting to leadership whims - there is no 'go forward' strategy. I am disappointed and disillusioned - it's time to move on (probably long overdue)