GE Power Layoffs

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Topics regarding layoffs at GE Power

Official numbers in Baden, Switzerland

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

GE Opening Plants in Saudia

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 closing Salem plant

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

Welland, Ontario

Does GE keep the factory they just built for reciprocating engines or do they keep it and build renewables or aviation parts there?

Laid-off 401k Question

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

It is coming again to Schenectady

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

Schenectady - Forever a Frog & Never a Prince

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

When do bonuses come out?

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.

Shady Buisness Dealings?

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

Better times for Schenectady????

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

No More Layoffs for GE Schenectady!!!

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

Bangalore Layoffs

Are there any layoffs in Power division at Bangalore office ? There is quite some hush hush... anybody knows anything

Reality

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

Layoffs are Happening in Schenectady??

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 in May for Schenectady NY

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!

GE IEA Calculator

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 shop

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!

Are layoffs in the works at schdy campus?

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

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

ge schenectady

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

1100 jobs to be cut in UK

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

Who's laughing now?

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

GE Power - Field Core Disaster

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

Total layoffs in Power?

I see Schenectady had 75 salaried. How many got hit in Atlanta, Greenville, Houston, and Bangor? What about overseas in Europe?

Small cuts now, massive cuts in 2018

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

Calm before the Storm

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 was destroyed by bad management

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

DENIAL WONT SAVE YOUR JOB

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

The same is planned in Siemens

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".

Big Changes in the works

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 STOCK & PISSS POOR MANAGEMENT YOUR SCREWED

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

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

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