On monday 18 June, the ge power employees in Baden got informed about the latest layoff numbers. the IRS process and swiss union process are now closed. The new number for Baden site is now 683 upcoming cuts, from 1195 originally. the attrition of... 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 Power. The comment form is located near the bottom of the page.
Topics regarding layoffs at GE Power
GE considers manufacture of gas turbine generators in Saudi Arabia Move would create upto 100 new technology jobs for Saudi nationals GE eyes opportunities in $200 billion solar project GREENVILLE: General Electric, the giant American engineering... read more
GE sent the union a letter announcing its intentions to cease manufacturing at Salem. An engineering center will remain (for how long)? Plant employed 3500 at its peak. Only 500 or so left, with about half of those in manufacturing. This has been... read more
Does GE keep the factory they just built for reciprocating engines or do they keep it and build renewables or aviation parts there?
I was laid off the end of last year before completing my 3 years of service to become vested. There is still an unvested portion of money in my 401k. I would like to do a rollover to my new job but have been waiting for them to work through whatever... read more
They couldn’t close it fast enough! I wonder how morally and much unity is left? So many want the hell out of there. The union s---s PERIOD!.!.!.!.!.! The management they kept s---s as bad as the union hall.!.!.!.!.!.!.!.! HR is ALL COMPANY and the... read more
The Schenectady site is a cash draining cancer on the Power Business Unit. The sites manufacturing assets should have been moved out of NY long ago. Ridiculous regional operating expenses, an under skilled and overplayed (militant) union workforce... read more
Mas layoffs in GE Power on the way. Posted on GE forum, was hoping somebody here would have at least some more info on it.
Have the announced when bonuses come out this month? I was laid off in February but at the meeting going over the layoff package the HR rep said that laid off workers would still receive their bonus from 2017 sometime in April.
Heard a story that a few Customers where about to launch a lawsuit regarding buying GE Steam Turbines, yet where actually given cheap Alstom style junk from over seas plants. When will the bad news end, and those responsible for the absolute terrible... read more
With the current Plan Manager set to leave soon, could this be the key to things for not only Schenectady, but Power Steam business, turning around for the better? Nate is only one piece to the problem puzzle that is in Schenectady, now if the COE's... read more
My boss has informed me that there will be no more layoffs at the GE Schenectady plant and I can continue to sleep in my nest all day. That means I can buy that new pickup truck now! This is good because I don't know what I would do if I had to... read more
Are there any layoffs in Power division at Bangalore office ? There is quite some hush hush... anybody knows anything
GE Salem layoff for March 2, 2018 As a hourly employee that will be laid off in 2 week it is really hard to think that a big company like GE would be going to something like this that would affect many people in the workforce all over. I mean really... read more
Russel Stokes stated on wednesday a reduction of the manufacturing and repair footprint by 15 sites in 2017. I wasn't aware of this - anyone got insights which sites are affected?
Layoffs are happening in Schenectady? Both my VP’s and all the directors on my team haven’t heard a word here in building #1 other then some rumors. I know that we did loose one team member back in June and it was awful. GE refused to extend his... read more
Is more layoffs coming in May when the company re evaluates the plant? Speculation is that there is going to be 300 more and they are going to turn Schenectady NY into a service shop. Does anyone know? Good luck to Schenectady NY!
Correct me if I'm wrong: IEA= Full weekly pay(with shift diff.) times years of company service. Then Drawn on weekly with NY Unempl. benefts to = 90% of full pay
How can a seniority based union shop have a layoff and people with less time than another get laid off? THE SCHENECTADY NY LOCAL 301 BLOWS JUST AS HARD IF NOT HARDER THAN GE!
Based on the posts here I can see that many folks are wondering about hourly layoffs in 2018. GE will definitely not be having any hourly layoffs this year. Here is why: Reason #1: Continuing to build product at a full rate pace even though both... read more
TLOW. Then no TLOW. No layoffs, then layoffs. These idiots don't even know how to do layoffs right.
TLOW was all set first of the year but now they tlow meeting is off today. Changing the tlow numbers or company is going re-evaluate the whole plan for something worse. Any other feed back?
Fieldcore disaster Am I the only one that is seeing the announced fieldcore disaster? GE managers are messing up one more time giving out to third part low cost company years of knowledge. Granite used to be the manpower provider for GE, the added... read more
Stack pit, punch line, machinists wind stand. TLOW. GOES through fiscle week 1-17. Starts jan 1st. Week 1-2 , 122 tlow s Week 3-5 total 145 tlows Week 6 total 162 They all have return dates. That's total 162 . It gets us through jan-april. Basically... read more
UK workforce will be cut by 6% Can read it more here: https://www.theguardian.com/business/2017/dec/07/ge-to-cut-1100-jobs-in-the-uk
I posted not long ago saying the economy is in a recession and there will be major layoffs, and of course was met by the ignorant mockers and scoffers. Next time mockers, do some research before you open your mouths. Oh and BTW, this isn't the end of... read more
... read more
GE Power service recently fired all their turbine technical advisors and told them can come back as temp agency Field Core employees with huge pay and benefit cuts. Much worse is they will no longer get overtime pay for typical 60 and 84 hour weeks... read more
I see Schenectady had 75 salaried. How many got hit in Atlanta, Greenville, Houston, and Bangor? What about overseas in Europe?
What are your thoughts? My leader in engineering said we would have an action similar to March 2017 soon. If orders remain slow into 2018, then additional actions will occur. Long and drawn out process if business continues in down cycle. My thoughts... read more
Is this the calm before the sh1t storm? Literally not hearing anything following the debacle that was the all hands on deck. If Stokes is going to start stripping out $2Bill of costs when does that start?
GE Power has the same problem with steam turbine and generator production. The new facilities they built in India, China and farm out of all parts has devastated Schenectady shop load last three years to very low efficiency and high cost of low... read more
I'm a long term guy and I had a lot of respect for the company when I was hired. It wasn't until year 4-5 that I started to see how badly this division was run (power). Managers only care about their metrics and bonus and don't want to hear your good... read more
All you confident hourly workers who really believe your jobs are safe with the condition this company is in are in total denial. They will use you all like they've used everyone else. To push their damn product while staying calm and focused but... read more
Non performing BD managers ans staff do contribute to maximum loss on securing business..Technical and project amangemebt responsible for delivery delay and penalty clauses and these both are ignored for lay off. Holistic RCA aling with lean... read more
The same is planned in Siemens. After being fired from GE there is no point to search for the job there. Siemens is holding rumors down -> not to get GE share behavior as their financial statement seems for some analysts to be "tricky".
They are looking to layoff 400 hourly from Greenville, and upstate NY starting in November. Also in June-July layoff more and hire you back as a contractor. (Well who would be dumb enough to work in a union shop as a contractor? Probably less pay and... read more
GE is currently trading at $20/share. With a PE of 25. Competitor Siemens is at $71/share and PE of 17. GE (Earnings Per Share) EPS = (20/25)=$0.80 Siemens EPS = (71/17) = $4.17 In other words, to investors I’m better off buying a stock with a better... read more
1300 less in Switzerland https://www.aargauerzeitung.ch/aargau/kanton-aargau/job-angst-im-aargau-1300-stellen-bei-general-electric-auf-der-kippe-131835102?cx_navSource=recommendationsTop