Thread regarding General Electric Co. layoffs

GE shell game

I retired at GE Aviation with 30 years service.  This has been a fantastic place to work and I am very proud to have been part of the GE team. Safety of all workers is top priority as is quality of work. Regardless of negative comments, what I have experienced has all been good. I have worked and traveled all over the world working on jet engines at commercial airline facilities.  With that said, here is my 2 cents worth- not meant to throw GE under the bus. GE over the last 15-20 years has systematically sent work out of the US and has either moved to existing plants or moved to a specific country and built new facilities. Management continually plays the shell game with facilities they have all over the world. This is due because each upper manager is measured only by his "bucket of dollars".  If they can squeeze the average overhead cost down by moving little bits of production to a low-cost country, this will lower the average (global) cost. Overall, the engineering costs in the US are higher than those in low-cost countries. When the low-cost countries and the US rates are averaged together, this creates reduced rates for GE. Same applies to production rates.. The more work outsourced to other countries means the average cost comes down.  FYI...most design work of new turbofan engines is done in Mexico along with a newer and younger workforce (a younger workforce equates to lower healthcare costs).  The problem here is not GE, keep in mind most of GE Aviations customers are foreign airlines, the problem is the US government policy in regard to large US corporations and the practice of outsourcing jobs to reduce costs.  There is a bigger loss to the US when a job or production is allowed to move out of the US.  Federal, State, and local taxes are lost as well as the negative impact on the local community. This will continue to spiral down unless the US policy is changed.  It's not the corporations...its our political leaders and the policies that have been put in place.  As for the layoffs, GE Aviation is cutting deep to survive, not just in the US but globally. Due to covid-19, airline flights world wide have been reduced by 50 to 60 % which directly affects GE Aviation (Maintenence, Repair, Overhaul  and OEM engine orders).

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Post ID: @OP+1eNl3ZIR

4 replies (most recent on top)

Since Bill Clinton signed NAFTA manufacturing jobs have zoomed outta here to Mexico and other countries. Fu-k democrats.

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Post ID: @4gqi+1eNl3ZIR

Hello Oldtimer,

GE Aviation, Healthcare, Renewables, Digital etc whatever will go kaput!

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Post ID: @2bab+1eNl3ZIR

Regarding "would you recommend GE to your children as a place to make their future", I feel someone right now could still make a fine career at Aviation and Healthcare. I'd wait and see on the new Energy business, but I imagine later that will be stable and healthy. GE Digital in its current and future forms would be a "no" in my book.

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Post ID: @1gxh+1eNl3ZIR

I don’t give GE a pass like you. It wasn’t the US politicians that bought Alstom, it wasn't the US politicians that gave away technology to China (among others). It isn’t the US politicians that are grossly over paying the CEO and corporate suite. I’m happy for you being able to escape the cesspool GE has become, but honestly, would you recommend GE to your children as a place to make their future?

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Post ID: @csi+1eNl3ZIR

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