Thread regarding General Electric Co. layoffs

General Electric’s Terrible, Horrible, No Good, Very Bad Year

Perfect title for the end-of-the-year GE related article if I ever saw one. The article in itself is not all that, but it does point out that there is nobody to blame but GE itself, which I believe is completely true.

https://www.barrons.com/articles/countdown-to-2018-general-electrics-terrible-horrible-no-good-very-bad-year-1514471290?mg=prod/accounts-barrons

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Post ID: @OP+QY4tMc6

6 replies (most recent on top)

As soon as GE runs away from the BH deal, expect oil prices to rebound. That's what happens when your leaders are all stupid.

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Post ID: @1bpw+QY4tMc6

http://www.foxbusiness.com/markets/2017/12/29/general-electric-dows-worst-performing-stock-2017.html

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Post ID: @1haj+QY4tMc6

Some people would have made huge windfalls from these acquisitions.

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Post ID: @1vcz+QY4tMc6

Immelt was the biggest mistake. A gambler who failed.

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Post ID: @nqv+QY4tMc6

And buying Alsthom blew up on GE the year before that.

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Post ID: @awn+QY4tMc6

Buying BH was the f--- up of the year.

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Post ID: @bgn+QY4tMc6

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