General Electric Co. Layoffs

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Topics regarding layoffs at General Electric Co.

GE to be sold (in my opinion)

GE is for sale. Culp if there to sell it. Just means it will be broken up and not exist as a large conglomerate anymore. Culps goal is to try to get as much $ for the top dogs and their WS friends as the break up plays out.

Beware GE employees!

It appears GE is blocking posts to this site from any one of their computers or laptops ..,,, so much for freedom of speech!

GE Nuclear - Legal

I heard a lot of lawyers and staff have left GE nuclear legal. Anybody else heard what’s going on?

Discreet Layoffs Continue in Power

Found out the Chief Engineer’s office got some heads cut, which is very surprising. One person let go was a chief engineer with 30 years. Not talking early retirement but LAYOFF. No one is safe in this environment.

Slow demise of GE

Excellent read... The comments are also well worth reading. https://news.yahoo.com/general-electric-apos-slow-demise-143026714.html

Downward spiral continues

General Electric stock has slid under $7 and there is no slowdown in sight. How low do we have to go before bankruptcy is a guarantee? Or even Chapter 7? I'm just wondering if there is ANYTHING upper management can think of doing to get us out of... read more

GRC - Assessed funding update?

Just heard that LC did not bless the previously agreed on assessed corporate contribution to GRC. This could be a major shoe to drop since assessed funding is close to being 1/3 of GRC funding and is required to both lower the researcher cost to... read more

What is this amateur hour?

There will not be layoffs coming anytime soon. Have faith as I herd from the hall that 90% of the members on the streets will be called back in January. Work is picking up in 2019

Another week, another opportunity for layoffs

Am I the only one who now starts every single new week at work assuming we'll have more layoffs? "Oh, it's another Monday, let's see how many of us are out of a job this week and how many more responsibilities those who stay have to take on." Really... read more

GE to fix the gas turbine problems Worldwide

Although this problem comes in the worst possible time, I think that it’s crucial to tackle it as soon as possible. If this gets out hand it could produce a lot of problems for the power division which is struggling as it is. $480 million is a lot of... read more

France Protests | Impact on GE / Alstom Assets

What are your thoughts and impact to GE and the Alstom Assets now with the French public’s reaction to the actual impact of environmental accords and resulting taxation along with the free movement of people which allowed MSF, Catholic Charaties and... read more

Be careful

Be careful. I think bankruptcy may be an option. For all Culps talk about change with urgency all we have so far is a reorganization of power leaving the same failed manager in place but now they report to him. That’s as close to rearranging the deck... read more

Drain The Swamp at GE Power

The lay off of 140 employees at GE Power this week could almost be called laughable if it wasn’t for the fact that it primarily affected mostly the bottom level individual contributors and their lives. Case in point whas the cowardice move to lay off... read more

GE Stock at $6.99 today.

How much lower will the stock drop as it hit $6.99 today? I sold the stock in the S&SP (401K plan) when it was about $30 a few years ago and just trying to figure out how to time the bottom to get back in like many of us did in 2009. I am hoping it... read more

Junk because of shortcuts by management

GE said it booked seven HA turbine orders in the first nine months of this year, half as many as in the same period last year. GE’s HA turbines have come under particular pressure and its plant repair business is facing growing competition. The... read more

Just in

GE Stock is on the move heading towards a chapter 13. So don’t be Waiting for the severance package after the plant closing.

The true picture of GE Power

GE’s Gas Turbine Problem goes global -Reuters More GE Power problems. Utilities are shutting down 18 of GE’s newest gas turbines for repairs at power facilities from Taiwan to France. GE is setting aside nearly $1/2 Billion Dollars of unexpected... read more

The Union at 273 and the company are on the same page

Scared for their jobs the union approves everything the company wants. To protect the d rates jobs along with their jobs. They know something like more layoffs are coming and do not wish to share with the members. So much for the A,B,C Rate idea.

The Union at 273 and the company are on the same page

Scared for their jobs the union approves everything the company wants. To protect the d rates jobs along with their jobs. They know something like more layoffs are coming and do not wish to share with the members. So much for the A,B,C Rate idea.
by | Post ID: @Wuj5nT8
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Some optimism for a change

Even though this article had some parts that I don’t agree upon, like the statement that company officials are buying GE’s stock is an indicator of growth, I found the general conclusions of this article to be very truthful. GE still has the... read more

Rustle says Layoffs tomorow

thats rite my cussin went boweling with rustle and he sed that their will be layoffs in engin-earring tomorrow Thersday it will be 5% or so but the big won is comming in March and it will be 15% because Alex partner told us to do that.

When will this finally end?

There has got to be an end to these constant layoffs at some point. How many people can General Electric get rid off before it stops being able to function properly? They can't just keep cutting and cutting without consequences. So we might have job... read more

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