Gas Turbine Parts & Services, Inc. (GTPS employee has told me a big reduction in wind energy is coming in 2025 because they are going redesign the technology. Expect big cuts this fall of 2025. Their projected sales has decreased drastically for wind... — read more
401k Lawsuit
I got about $80 in the settlement. Worked for GE 14 years. How much you get??
General Electric Layoffs 2025
Make a prediction and tell us what you think about General Electric layoffs? Any chatter, news or rumors?
Looks like Schenectady Needs to step up their game.
That what they get when they let go all the real engineers and operations leaders. They where the ones who had some tangible brains. All to save a few bucks and hired people who couldn’t make a cheeseburger or sub correctly. Ha Ha I bet there will... — read more
It will be way worse than the battery plant shut down was.
https://www.investing.com/news/stock-market-news/ge-vernova-cut-to-hold-at-hsbc-3649454
Legacy Buyout
Someone mentioned a buyout for legacy employees in Schenectady? Any truth to it?
WARN for Schenectady...
Notice just came out today https://dol.ny.gov/system/files/documents/2024/10/general-electric-company-dba-ge-aerospace-2024-0083-10-02-2024.pdf
https://cleantechnica.com/2024/08/26/jack-welch-sc--wed-up-ge-boeing-and-with-them-much-us-climate-action/
https://cleantechnica.com/2024/08/26/jack-welch-sc--wed-up-ge-boeing-and-with-them-much-us-climate-action/
Fake news and rumors
No cuts in Schenectady the union will back a back door deal to keep the ones they want. And let the rest walk!
GE Vernova says it may cut 900 jobs in offshore wind
It's coming... https://www.bloomberg.com/news/articles/2024-09-19/ge-vernova-says-it-may-cut-900-jobs-in-offshore-wind-revamp/
Another wind turbine blade failure for GE Vernova
This time it's at Dogger Bank Wind Farm in the North Sea, off the UK coast. https://www.reuters.com/business/energy/ge-vernova-falls-after-turbine-blade-failure-offshore-uk-wind-farm-2024-08-23/ These ex-Alstom Haliade X wind turbines just keep... — read more
Incoming
Gas is making big money off the AI bo-m but Schenectady had to try to bring in Wind work to not lose money. Not that it's a huge mess SS and VA are taking massive layoffs to make the numbers for the end of year, 1st post spin. If you work in... — read more
4% layoff of salary folks
https://www.courier-journal.com/story/money/companies/2024/07/11/ge-appliances-to-layoff-4-percent-of-global-salaried-workforce-what-we-know/74369302007/
Restructuring happening on white collar side is blue collar next?
How many believe this could be true? Manny believe and feel it could happen again it is GE after all. We feel the layoffs are coming after the next contract passes for the union. Along with the downward spiral of the global economy. Manny thought... — read more
ST in Schenectady
How many new builds are in the plan for 25 and 26?
40% Decline in Wind Energy for NY
GE Vernova’s Wind business line saw a 40% decline in organic orders and a 7% decline in organic revenues in Q1 2024 as its customers worked through siting and permitting challenges for new wind projects The company released its quarterly earnings... — read more
Restructuring Schenectady
I am Hearing a lot of rumors of a cycle of restructuring to take place around the q3 of 2025 after the next contract for the union side. I heard salary side is going to be changed soon. I just my foot in here last year this is the best job I ever... — read more
SERO Packages
Retirement packages could save Vernova a considerable amount of money. The retirement fund is now very well funded. Retiring legacy employees, with 30+years of service , could potentially save manufacturing budgets a windfall of money. They could... — read more
With GE’s split, the last chapter of the Jack Welch era is over
The legacy of former GE CEO Jack Welch lies in tatters. GE no longer exists — its split into three separate parts concluded Tuesday — and his school of management has barely fared any better. Welch was the most important CEO of his generation, a... — read more
Vernova 4-2-24
Today was the big day! Now to see two things. A GE Vernova tab for all things Vernova layoffs, and the rumors from the streets of Vernova coming salary hits, both come true before this Friday am!
Article on GE you may be interested in?
Interesting article that I lived through! Why build scale models with cardboard and foam when you have CADD models to use! Just an example of how our management doesn't use the technology they have and waste time building junk like... — read more
Let’s see
How many of the HR and management Team gets cut shortly after the spinoff and replaced with the new company personal. Any guesses?
General Electric Co Senior Vice President Michael Holston Sells 22,055 Shares
"On February 14, 2024, Michael Holston, Senior Vice President of General Electric Co (NYSE:GE), sold 22,055 shares of the company's stock, according to a recent SEC Filing. This transaction is part of a series of sales by the insider over the past... — read more
(2021) So, what happened to GE
https://www.gatesnotes.com/Lights-Out
Free Money While I sit
And watch the football playoffs on overtime later.
Finally theT-Rates-Stand-United-2024!!!!
With all the new skilled workers here we can fill them in. On how it use to be and we want to fight to get it back or close to the way it was. Let’s stop giving into the company all of the perks in the contracts are gone.
New Slate At Local 301?
Should hold a celebration for the old regime(s). The CA and T rates are their legacy and both represent great work!
General Electric Layoffs 2024
Is this going to be an interesting year as it relates to General Electric layoffs? Any chatter, news or rumors?
Schenectady Power Folks
I've been visiting this site once a few months for the past five years, and one thing that hasn't changed over the years is the consistent bi--h*n from Schenectady machinists, D-rates vs T rates or whatever. Looks like working at Schenectady Power... — read more
Congratulations to the new slate.
The former officers have given their everything for this union and stuck up for membership for a long time. Well congrats to the new slate! Day 1 from 2011 we have heard from day one the hall state. T Rate Pay-scale is on the hit list and number... — read more
A new era
Well the local 301 leadership was basically overthrown yesterday. Long over due! Will the local GE wake up now and start to end the games? The exposing is going to start, hope everyone is watching closely.
GE Vernova Greenville SC Layoffs are in the works
GE Greenville will be losing manufacturing jobs to overseas plants soon. Layoff packages are in the works.