Thread regarding GE Power layoffs

I'd like to know when we can expect more cuts

There are lots of rumors but nobody knows anything concrete.

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Post ID: @OP+1gJzuaBr

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273 will have layoffs Company said they are hiring 50 more people for power manufacturing. They didn’t say where also they have said they are hiring before then had a couple rounds of cuts shortly after

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Post ID: @2Gbia+1gJzuaBr

Big cuts are coming to Schenectady Campus regardless of the info our union and management are saying here. There is no way there won’t be a job elimination in 273 very soon.

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Post ID: @2Eyql+1gJzuaBr

2ovlf+1gJzuaBr this is how it goes? All power pensions follow Vernova. Then GE files with the government it’s impossible for Vernova to meet their pension obligation/responsibilities since Verona’s assets (purposely set up this way) are lower compared the their pension payables. In other words just a strategy to dump pension obligation (and incomes to thousands of workers) so the government, GE’s momma and daddy, picks up GE’s responsibility because the child made terrible business decisions?

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Post ID: @2oizy+1gJzuaBr

Vernova will not have a Schenectady presence is what I have heard in NYC, in certain...places....
Pensions from Power will be shifted to Vernova and therefore will be reduced or eliminated completely. Vernova will be sold to either Siemens or Toshiba. Sorry. I wish all of you who have spent your lives there the best, but this is the truth.

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Post ID: @2ovlf+1gJzuaBr

I'd imagine soon. Management needs money to pay for the new signs.

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Post ID: @14jai+1gJzuaBr

Q4 22 would be my guess, the way the economy is though, it may be sooner.

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Post ID: @2nib+1gJzuaBr

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