Thread regarding General Electric Co. layoffs

Look beyond immediate savings

When GE leadership decided to implement the two tier pay structure they predicted the resentment that would occur between the two groups. However, in their mind, they calculated the conflicts would be insignificant in comparison with their long term financial goals of lower cost labor. What they didn't consider was the high cost of employee turnover and the cost of constant training. They didn't consider the high cost of reduced quality. Now that bean counters and sourcing leaders are running manufacturing plants, the lower paid tier is becoming more attractive. They only look at measurable numbers and are unable to see the reality of their decisions. The problem is with leadership. Not the two tiered groups that are simply trying to provide income for their families.

Well put, @O8O2caL-3ftw. This is something I have seen happen over and over again, as very few look beyond immediate savings.

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Post ID: @OP+OcyJ6L8

5 replies (most recent on top)

Greenville GE Power employees are like walking zombies. We've been worn out by incompetent leader decisions and initiatives. Enough is enough. Layoff the leaders instead of us!

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Post ID: @anja+OcyJ6L8

@OcyJ6L8-3wxt. Well said and so true.

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Post ID: @3twp+OcyJ6L8

All the top management are bean counters, for them, everything is resumed to a spreadsheet. They have no vision or clue about the product, all is resumed to reduce costs and increase profits, if taken to infinite proves impossible as your cost would be zero and the profit infinite.

They think they can sell horse manure, put the GE logo on it and the customer will buy it, this is everytime less and less the case.

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Post ID: @3wxt+OcyJ6L8

My prediction is there will be forced departures before the end of summer in Greenville.

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Post ID: @1aeo+OcyJ6L8

The probability is high..not much anyone can do about it except leave

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Post ID: @1zin+OcyJ6L8

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