WSJ reports GE shed @78,000 workers in 2019
https://www.wsj.com/articles/ge-shed-about-78-000-workers-in-2019-11582583693
5 replies (most recent on top)
Not many of those were actual layoffs, so...
https://www.cnn.com/2020/02/26/business/ge-jobs-headcount/index.html
Additional commentary. And yes it is all deserved when you bring 35 people to customer meetings and have the CEO fly around with an entourage including non-value add members like HR to meetings and town-halls.
most of the folks were sold or spun off. Yes we had lay offs but most were sold.
True, dat.
"Our work is by no means finished, but we are on the right path," GE Chairman and Chief Executive Larry Culp wrote in his second annual letter to shareholders.
Stay tuned. More to come.