GE stock price down 10.34%, April 26th, 2022.
This could not have happened to such a douchebag of a Company.
Let the headcount reductions resume.
Ego maniacs=GEHC management and its lapdog, the GEHC HR department. They put their pants just like I do, one leg at a time… As-----s!!!!
This place (Company) is way too quick to fire (layoff) people who are helping to grow the business and who have tangible, real skills. I think the reason they get let go is because their Manager (People Leader) does a pi-s poor job of touting explaining all the good things that they do week to week, month to month (as it does not benefit them, why should they care) or else their boss has dementia or something and cannot remember things and should be taken out to pasture and Rif'd themselves. They want to save their own a-s from the Rif. Speaking of Rif. How is that working out for ya there GEHC? Saving the big bucks and the stock is still tanking post reverse 8-1 split. Keep selling off pieces of the Company. A long slow death walk to Bankruptcy and being \getting acquired... Lol!! And Culpable keep filling their pockets with lots of $$ " M O N E Y". Do not believe the GE PR machine just like do not believe the Vladimir Putin's PR machine. Hah!
Just wait and see how the stock is split up when the company splits into three parts: Healthcare, Renewables/Energy, and Aviation. See how fast everyone sells the two dogs of the three.
Not to mention all of the highly skilled design engineers that were shown the door. These guys were one man shows, saving the Company millions of dollars through VCP projects and NPI’s.
Bankruptcy is too good for this sh-t show! GEHC just needs to go away.
Wow, they are going to go bankrupt...
LOL.... hiring freeze. Is this to cover for their monumentally epic sc--w up around the transition to Chicago? Must be. Pretty sure 80% of those folks hired to replace all that legacy knowledge quit after a year or so once they saw how F**CKED UP GE healthcare is on the inside. And they let the best and brightest of their legacy folks walk. These people are so d-mb. It's all of those CLP folks running the company into the ground because of their fragile egos. This place is done. Epically bad quarter with no end in sight or plan to turn it around.
What ki--s me is that I was so wrapped up in GE headset that I didn’t see the over valued stock in Welch’s day and hung on to the stock. Many lost their retirement cushion. As for a job you get paid average salary with diminishing benefits. Wonder what split will do? Problems not divided by 3. Winners are the executive band. Workers will be losers.
Whoa folks, epically bad quarter. Forget about the RIF's - bankruptcy a possibility when your cash flow is close to negative 900M$. Laughed out loud on the HR spin saying the hiring freeze was actually a good thing, allowing more time to onboard new employees (5000 of them)....doesn't that mean you've had a mass exodus of talent walk out the door? Company is gleeful when experienced employees quit or retire on their own - no severance, unemployment, or packages. Don't let the door hit you on the way out we've got a bullpen of CLP's we need to find a home for.....
GEHC has a HR department??? News to me.
Yes, great big world out there. There are much, much better Companies to get a job, build a career at than GE Healthcare.