Thread regarding General Electric Co. layoffs

Splitting

I have heard different opinions about splitting into 3 companies. I don't know about you, but I'm a little anxious about the effects of splitting. I don't know what you think, perhaps someone thinks the situation will be better after that?

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Post ID: @OP+1ep5BLoz

8 replies (most recent on top)

@ags+1ep5BLoz. 😂😂😂😂😂 It's going to cost 2.5 BILLION just to do the split!!! Write down debt my a$$!!

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Post ID: @8slp+1ep5BLoz

I mostly think a person can have a fine career in Healthcare and Aviation looking forward. The poison bits that Aviation/GE is compelled to take on will get headcount squeezed. And speaking of inherited poison and tumors from the split, if you are in GE Digital's Coretech or IT Risk (i.e. moving to Energy), you are certain to see headcount reductions. The tea leaves are saying there is more turmoil ahead for the Energy business as former GE Power pieces get sold and other strategic changes get made among what remains. I do think this is a good time for everyone to reassess the pros and cons of where they are at in GE, and the risks and rewards of staying or leaving.

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Post ID: @5nhu+1ep5BLoz

Appliances was trash under GE now look at them. You talk and talk about how bad GE leadership is and now that they are going away thats bad too? Maybe you're just trapped. I know its scary when you have no future or options outside of the current job you have but some of us see this as oppty to grow our resumes to leave in a couple years once RENs is rolling with the BBB. Wind experience is extremely valuable now and will only grow. You really have 2 options 1. buckle up for the changes coming, hope you get 10 STs to service a year and stop bi-----g or 2. leave to go to another dead-end job. Of course you could leave NY and go to a growing area like Texas, the Carolinas or Florida but we both know you won't do that. You'll sit there getting older fatter and angrier blaming "them" for your situation. There is always Jack Daniels, but I'm sure you're already drunk getting ready to drive to the plant.

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Post ID: @4kxe+1ep5BLoz

the only potential long term play is Healthcare. Energy is too F'd up. Aviation is too prone to UPs and downs and will have legacy cr-p (insurance, HQ, etc)

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Post ID: @4spr+1ep5BLoz

Sorry to say if you have a pile of cr-p and split it into 3, you just have smaller piles of cr-p.

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Post ID: @1mhc+1ep5BLoz

I think Power is toast. It is a cyclical business and therefore will be a cyclical public stock. I would get out now as it will soon have no other business to tap into during its down cycles.

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Post ID: @1rmg+1ep5BLoz

I think Aviation is going to wind up with the short end of the stick with the split. It will be saddled with all of the legacy conglomerate bits (GRC, Crotonville, CoreTech), debts, and corporate management all sucking the monetary lifeblood of Aviation like a parasite. I think Power and Healthcare will have a chance as they will be able to live without all of that overhead.

But the big question will be if the spun off pieces have management that can operate the business without being bailed out from the former mothership?

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Post ID: @1vxn+1ep5BLoz

They may, may be able to write down debt by doing this. I worked for GE for 20 years. I would advise anyone still there to jump ship, and now is the time to do it.

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Post ID: @ags+1ep5BLoz

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