Thread regarding General Electric Co. layoffs

A tidal way of RIFs is coming

Corporate Staff to be reduced in a massive purge. Flannery wants to see a meaningful payroll spend reduction with next 12 months - if they really want to cut $2 Billion in spend (as the media reports) this will be so bloody it will resemble Jack Welch style cuts.

Plelz and Trian Fund are not going away, they will continue to advocate cost cuts - we all know how this ends for the worker.

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Post ID: @OP+P2HWcz2

6 replies (most recent on top)

Tidal way? Go get an education you idiot.

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Post ID: @5rrw+P2HWcz2

350 salary and hourly in Schenectady, by December 1.

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Post ID: @1vbu+P2HWcz2

cuts

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Post ID: @1kal+P2HWcz2

blind leading the blind here, I don't think they can make those kind of cute without effecting hourly

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Post ID: @1dsm+P2HWcz2

what businesses/roles? this is deeper than just corporate...

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Post ID: @1izl+P2HWcz2

tidal way or tidal wave?

man...

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Post ID: @vjt+P2HWcz2

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