Thread regarding General Electric Co. layoffs

Completely out of touch and useless leadership

Get rid of your contractors that do the work. Get rid of solid performing employees in the U.S. or Western Europe - they are too expensive. Save the company money by eliminating all travel. Give up your desk phone. Reduce employee awards and cap them for the year. Consider hand written notes to award employees instead of financial awards. Cut benefits and health insurance. Kill the pension for new workers. Under fund the pension for existing workers. All while we continue to layoff so that the fat cats can get bonuses and cash they don't deserve. If you're a CEO of GE and you make more than $100K a DAY yet you are the worst performer for your entire duration as CEO against other peer industrials, then folks we really have something very wrong. Hell, even our internal goal as a company is to reach $2/EPS which is not even an internal goal. It might be a goal in Finance but not something the troops are going to rally around. Leadership is so out of touch that they think that is an acceptable goal for everyday employees. Wow, nothing like making rich people richer as a motivator to get up in the morning. Yes, it is the basis of Corporations to make their share holders money but it should not be our internal marching song. How about we make the best products in the world or power the most efficiently or make aircraft the safest? Corp greed at its finest while the fat cats get rich raping the company and the every day middle class gets the shaft if they're lucky otherwise gets shown the door.

Epic and much needed rant. I agree with everything you said, @Pd0tUWM-2wji.

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Post ID: @OP+PfORm55

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Hey guys there's no more room on the gravy train so I'm afraid you'll have to keep slugging away so I can get my bonus. Hey, you would do the same. Stay safe work hard is my motto.

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Post ID: @hna+PfORm55

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