Thread regarding GE Aviation layoffs

Layoffs in GE Aviation Czech ?

It seems that there is a restructuring / layoff effort currently on going in GE Aviation Czech s.r.o. in Prague, Czech Republic. 
The layoffs may represent approx 10 percent of the workforce in Letnany plant, as a result of changes in the market conditions for small turboprops (?).
I'm wondering if GE is offering the affected employees severance packages or other wages and medical benefits, outplacement services, or if GE is eventually working at relocating some of the employees to other facilities in Europe / elsewhere ...

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Interestingly, on February last year, during a press conference celebrating the establishment of a new collaborative agreement between GE Aviation and the Czech Technical University in Prague (ČVUT), it was reinstated how American companies like GE Aviation are "here to stay" in the Czech Republic.

Post ID: @12eza10Z-ytc

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