General Electric Co. Layoffs

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Topics regarding layoffs at General Electric Co.

Massive deal

So I was curious on the size of this new Iraq deal, so I looked up the Algerian mega deal. Algerian MD = 8 gigawatts New Iraq deal = 11 gigawatts This looks to be a massive deal the country of Iraq is looking to double its electricity production. It... read more

Here we go again focusing on the wrong problem

The problem is not at the manufacturing facilities. The problem has been created by poor business decisions at the Corporate level. Buying businesses at a premium and then selling at a loss. You can have a perfect manufacturing process and have 100%... read more

LC all employee

Anyone watched the all employee yesterday? What do you think? My take: I am unable to recall a single idea, thought, sentence...1 hour of no content many questions (all?) went just unanswered. Some of them were pretty direct (what will you do short... read more

GE Pre-65 Retiree Medical Rates

The benefits handbook is vague regarding the cost of pre-65 medical premiums. Have called the Benefits office only to be quoted a rate that is nearly 4 times what I pay now. That's higher than the health exchange. Benefits do not know how it is... read more

opinions on possible layoffs

speaking on gvl behalf it doesnt seem like voluntary resig or layoffs can afford to happen, in 2019 the plant is up 300k hours from this year and new builds are up to 18 from 13. we are already spread then having to bring in cheap contractor work... read more

Spot On

https://www.washingtonpost.com/business/the-expensive-lesson-ge-never-learns/2018/10/12/6fb6aafa-ce30-11e8-a360-85875bac0b1f_story.html?noredirect=on&utm_term=.7c3530b87134

VRIP's in PS

Culp was suppose to make dramatic changes, instead he pulled a Flannery and issued VRIP's in PS on Friday. Way to go Culp!

Liquified Natural Gas Facility Greenville

How much money was wasted building the LNG facility in Greenville that never liquified natural gas? This is the same GE location that builds Gas turbines that are failing. I am guessing GE invested $70 Million on a facility that never functioned per... read more

Liquified Natural Gas Facility Greenville

How much money was wasted building the LNG facility in Greenville that never liquified natural gas? This is the same GE location that builds Gas turbines that are failing. I am guessing GE invested $70 Million on a facility that never functioned per... read more

Waiting for more in Schenectady 273

We come to work waiting for the day some big wig to say 273 is shutting down. I do my job and hope the days come soon. As I do my job and watch d rates rat out t rates, brag about the service time they have and bad mouth the t rates. I laugh inside... read more

D-RATES

D-RATES playing baby games not wanting to work unless they get early-ins for double time. Thats real competitive. $1500 a week on a 40 hour check. Greedy b--tards. shut 273 down. watch them squirm

Is Culp aware the CAS?

is he aware about CAS? as of now no CEO will look or sound serious to me about fixing GE if he doesn't get rid of this,sh--. why we dont have a normal internal auditors instead of having this kids as SPBs and dumb Execs. he should change KPMG and... read more

GE restructure calculations

They may list GE power as a separate tracking stock, keeping Aviation and HC in mothership. Or even sell power to BHGE and sell stake in combined company. BHGE is already in energy services and will pay premium for installed base. Shrink power and... read more

IT WAS JEDDREY IMMELT ALL ALONG

Jack Welch did little to bring GE into fiscal reality but Jeffrey Immelt ran GE into the ground in about 14 known ways including jetting around with two jets...one for himself and his entourage and the other for their baggage. Immelt also walked away... read more

Brand Value

Of all the brands on the Interbrand list, GE lost the most value, down 26% to $33 billion https://247wallst.com/services/2018/10/07/ge-ibm-brand-values-take-big-hits/ Interbrand has released its Best Global Brands 2018, the 19th installment of the... read more

GE liquidity secured?

In the video that LC (our new CEO) sent last week he said "So the company is fundamentally secure and our liquidity is ample so I do not want anyone to believe rumors to the contrary". In the call where he was presented as CEO he said "The liquidity... read more

The Chickens Have Come Home... Karma

Unless Culp already knows or figures it out quickly that the cancer that has been destroying GE is not basically business-based but an advanced toxic culture then he will fail as the others have. More than a decade of promoting mostly unqualified... read more

Compensation Package

New guy Culp gets tens of millions and is unproven. For the rest of us the 'Minimum Wage' is catching up from behind.

Culp’s Compensation

As you are about to get your pensions and benefits screwed with and many people sent out the door, the fat cats continue to take care of their own. I guess they have to come up with their millions somewhere.... “ The package also includes a base... read more

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