Thread regarding General Electric Co. layoffs

Everything is shrinking at GE except its massive debt

Almost everything about General Electric is getting smaller. That includes its business empire, its profits and, of course, its stock price.

But GE's debt is still alarmingly large......

http://money.cnn.com/2018/03/16/investing/ge-stock-debt/index.html

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Post ID: @OP+Sdh2lw7

6 replies (most recent on top)

So, GE is getting smaller too. Hundreds or thousands of lpb layoffs do not put a dent in the debt. Hope they soon realize they are eliminating the wrong pay band of employees to see any savings. Would hate for them to get rid of us lowly lpb people, and not have any innovators or productive employees.

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Post ID: @6hak+Sdh2lw7

Fire sales of entire divisions tend to reduce overall revenue. More news at 11.

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Post ID: @1snt+Sdh2lw7

Hey even the CEO is smaller

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Post ID: @kki+Sdh2lw7

It’s the ootsiders. Blame them.

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Post ID: @piv+Sdh2lw7

Sounds like a personal problem. Can't you take something for that or maybe resort to chicken bones and voodoo magik.

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Post ID: @uuj+Sdh2lw7

Number of employees laid off is growing as well.

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Post ID: @tjd+Sdh2lw7

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