GE Industrial Solutions were acquired today for about two billion USD. The group had layoffs before but now folks are hoping that layoffs will slow down until ABB stabilizes things. We knew we were for sale so this was not a huge surprise for anyone, we'll see how tings develop as time goes on.
Attention current or former GE/ABB employees: I am working on a trade magazine article about the effects of mergers/acquisitions in the electric motor and component industry. Anyone who would like to share his or her experiences about life after the ABB acquisition is welcome to contact me at email@example.com