Thread regarding GE Healthcare layoffs

Previous post is incorrect. So far in 2016, two large layoffs occurred in the IT department. Another is likely to come in November.

In late 2015, after hiring 400 - 500 employees in low-cost countries, ~200 IT employees were laid off at GE Healthcare, mainly in Milwaukee. In April, another 200. In October, between 100 and 200, and rumor has it that another action is scheduled for November.

The first two layoffs were skewed mainly toward older, more expensive employees. The QA department also saw significant reductions. The last action affected younger employees and some executives.

One of the reasons for the good results is that leadership has been cutting costs. For many departments, like IT, that means cutting heads.

Haven't seen anything in the news on this.

| 2873 views | | 3 replies (last )
Post ID: @OP+JSaRxkR

3 replies (most recent on top)

If you are part of the RIF, get a lawyer. If you are over 40 and there are younger people on your team performing lower cite to your lawyer. I have seen to many people over 40 RIFed and their jobs handed to lower skilled and lower performing young staff. I have also seen HR work hard to find someone another position outside of IT if you push the issue.

Post ID: @Ojti+JSaRxkR

This is another case of lowering the bar to cut costs. We saw this change back in the late 90's after Immelt replaced Tranni.

Post ID: @Lhnq+JSaRxkR

So GE Healthcare is shrinking huh?

Post ID: @9sjx+JSaRxkR

Post a reply