There was a mention in a couple of threads of people getting their notices this week, is this true? I was thinking if there were layoffs, we would have all heard about it. Unless we are now doing small, silent rounds with just a few people, which is... — read more
Topics regarding layoffs at General Electric Co.
https://www.bostonglobe.com/2021/04/15/business/union-workers-community-supporters-step-up-efforts-spur-ge-invest-more-lynn/ We are going down in the extricate city!
Someone commented on one of the threads below that most people here are questioning where there will be layoffs and how many there will be, just looking for small reasons to delay their exit plans. I absolutely agree: the company's plans are quite... — read more
https://www.iue-cwa.org/images/docs/officer-manual-update/IUEorgchartdec20v2.pdf UPDATED IUE-CWA Organizational Chart showing ex 301 B.A. RM listed as Executive Council At Large and a member of Local 301. If ex B.A. RM is still a member of Local... — read more
https://actionnetwork.org/user_files/user_files/000/057/148/original/2021_First_Calendar_Quarter_Newsletter.pdf Congratulations to 301’s ex Business Agent R.M. Apparently he works for the IUE as a Staff Rep. Wonder why this has been kept a secret?... — read more
Does anyone have the rough answer on this layoff coming? I want a rough idea on how deep the layoff is going to be? 100 union members? 150 gone in 2 waves? 2 waves of 125 each? I’m hearing all of these numbers.
Soon the bar shop will be the only thing left in the electric city. Major downsizing coming very fast and soon after bar shop will have 250-300 employees and rest of the building will be empty.
What's with the people from the bucket line working in the bar shop? Is this an effort to make more bars or simply to bill more labor?
Inner office Chatter going around that Power in the states is going to start sending a lot of service work overseas. In addition to the service work there are going to also be less full builds for Schenectady. That is why the salary and non union... — read more
The Ego’s have passed down from the d rates to the t rates. T rates think they will have a long 20-30 year career in Schenectady. The writing is on the wall no matter what the company gives you for workload numbers. Those T’s have not been around... — read more
There's a great line from Jack Welch to the effect of "You work for a week, collect your paycheck on Friday, and then you and the company are even." Corporate America has embraced it with a vengeance. I'm too young to remember an America where... — read more
The work load for Generator is good this and next year, Steam will continue to be a challenge over all. There is no renewable work thats gonna increase hourly workers. Building 66 SCC operations is where the work load is already pegged for all of 21... — read more
Did the Health Department close the hall today?
Say what you want, but things have been improving here lately. I might be biased since an a–hole of a manager I had quit (I have a feeling he was forced out) but even outside of that things have been looking up. We haven't had as many layoffs as... — read more
A total win for both parties, Union and GE alike. All the time union officers and GE spent together was well worth it. Congrats to RM and others!
“CEO to receive stock grants worth $100Million according to WSJ”. I thought we learned our lesson from the last greedy ceo. Board should be ashamed, layoffs happening to good people everyday and this type of payday. What long term value has been... — read more
Instead of playing games with a reverse stock split to get the price on par with other comparable industrials they should be concentrating on what it takes to drive market cap to be comparable / exceed other industrials.
Some say layoffs are underway and others assure me there are still no layoffs. I haven’t been here long and I’m wondering if this company has always been this non-transparent when it comes to layoffs? Is this their usual style of management or... — read more
So what happened to all the layoffs that were supposed to happen??
Anyone have word on the latest update?
I took the layoff and loving life. I am making way more money than I did at GE with a lot less drama. Yes the GE culture is way different in the real world. But the real corporate world is just as greedy as GE they want everything for nothing... — read more
March 1 is just a few days away. For all of you who posted that this is the day when pink slips will be delivered, it is now time to see who is accurate and telling the truth. Or do you just like to fabricate false information with no... — read more
Toshiba Corp. is in talks with General Electric Co. of the United States to jointly produce equipment used in offshore wind power generation, sources with knowledge of the matter said Monday. Offshore wind power is seen by Toshiba as a promising... — read more
I am ready to QUIT. Can't work for a cashole anymore. They send emails over weekend to get a report Monday AM. Were they f—ng sleeping all week or are just psycopaths. They have been trained to be sadistic in the CAS program. My advice to anyone... — read more
Amazing a guy who presided over a company that cooked the books could have the gull to write a book! Picture standing on the steps in front of a multi-million home when many blue collared pensioners lost their retirement savings. Maybe he could... — read more
https://uk.advfn.com/stock-market/NYSE/GE/share-news/Jeff-Immelt-on-the-Humbling-of-GE/84386330?xref=newsalert No mention of the failed Internet of Things. No mention of Mortgage mess. No mention of his part in Alstom failure which he oversold... — read more
See LC’s comments from Barclays event.
I don’t remember the last time when GE had a positive cash flow... Q1 doesn’t bring good news: https://www.nasdaq.com/articles/general-electric-expects-negative-cash-flow-in-q1-2021-ceo-2021-02-16 I just wonder what will be the result of... — read more
Tell you the truth I can not wait for my layoff slip. 273 has gone down over the years. This is the worst I have seen it here. Morale is at an all time low and no one cares. Even the shop stewards cant preach one ounce of hope anymore to the... — read more
https://www.marketwatch.com/story/ge-has-nearly-halved-its-u-s-workforce-in-3-years-with-more-job-cuts-likely-11613160793 So much for the onion giving back again, from wages and pensions throughout the years to the CA agreement/ jobs. It did... — read more
GE annual report shows struggles and successes, quantifies shrinkage. Get ready 2021 the year of massive layoffs by many large corporations. GE will be using the Covid line for layoffs to cover up the mid managed company. I can see power taking a... — read more
https://www.marketwatch.com/story/ge-has-nearly-halved-its-u-s-workforce-in-3-years-with-more-job-cuts-likely-11613160793 GE has reduced its total workforce by 139,000, or 44.4%, over the last three years
POSASR, POS AM, 424B5 related to raising Stock Shares on the order of 20MM to 20B?
Be ready for mandatory vac cines as soon as Kevin’s C—tail can do it. Don’t forget it’s experimental. GE wants you to be a lab rat with the global ist agenda.