Thread regarding General Electric Co. layoffs

Mass Departures from Management team in Schenectady

Has anyone else in Schenectady noticed an extremely large amount of white collar workers leaving the company over the past 6-10 months? Is it just a coincidence? I think not. I believe the management team has some serious insight into where the future of GE Schenectady is heading and are jumping ship before it sinks completely. It would be nice for the hourly production workers to have some kind of an idea about the future of their jobs so that they could prepare for the impending doom like everyone else. Instead everything is kept hush hush. Does anyone have any idea what the plans are for GE Power in Schenectady? Are they going to let it slowly die? Or will they adapt to the changing energy market and try to reclaim some of its former glory?

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Post ID: @OP+SiPpC04

11 replies (most recent on top)

Alstom has been dead for years Einstien

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Post ID: @1weg+SiPpC04

Long live Alstom

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Post ID: @1xms+SiPpC04

GE is heading for bankruptcy and in a complete mess. What experience and knowledge from the white collar professionals are we talking about. Bunch of bull that's all this is. Management incompetence is the root of all the problems.

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Post ID: @cbr+SiPpC04

White collar professionals have options. They can leverage their experience and knowledge to obtain promotions and/or salary increases outside of GE. The majority of blue collar production jobs in the area are non-union and pay $13-$20/hour (less than T-rate wages). The union workers know this and that's why they make no attempt to leave GE.

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Post ID: @war+SiPpC04

U as a union worker have the same right to quit and take another job just like they are doing. But no u will just sit there and complain how bad it is

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Post ID: @yoc+SiPpC04

"Does anyone have any idea what the plans are for GE Power in Schenectady? Are they going to let it slowly die? Or will they adapt to the changing energy market and try to reclaim some of its former glory?"

Do you think they know? If the future was in their hands do you think they would have got themselves in this situation?

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Post ID: @dtt+SiPpC04

Leadership has not explained what will happen because, in my opinion, there are a number of options and it is not yet settled. Plan does generally include headcount reduction (12000 worldwide) with big hits globally and Europe (Alstom was staff heavy), selling segments of the business (heard the CEO or Emerson mention there are areas they are interested in buying), some or all of Steam being sold. It's hard to get a good price for a business when the buyer knows you have to raise cash. It will be a tough 2-3 years regardless.

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Post ID: @rcf+SiPpC04

Many were laid off over that time frame too in Schenectady on the salaried side or asked to leave

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Post ID: @agv+SiPpC04

GE transportation in Erie is going through the same thing.Allot of management leaving for other companies.Somebody knows something but won't say.Our plant manager was sent to the Texas plant.

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Post ID: @fwa+SiPpC04

Combining the EC and Power HQ Teams has caused some redundancies as well as there was the plan to layoff 12,000 across all of Power.

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Post ID: @lis+SiPpC04

A decent leadership team would explain what's going on. No wonder the place has gone down the pan.

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Post ID: @xig+SiPpC04

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