Thread regarding General Electric Co. layoffs

I came to GE for similar reasons - and agree its been great to see how corrupt big business is, how bad politics work, how the boys club work, what females put up with to get promoted and how those that arent are ignored. I have been shocked at the business practices, regular book cooking, lack of accountability and what a skeleton company ran by OMLPs and recent grads this company is and how any one that has been here more than 5 years is so burnt out they dont do much but show up and collect a paycheck. How the market and customers dont see this is beyond me.

Gas Turbines make Gaia cry. So do Jet Engines. These products are killing our precious planet and causing climate change. Stop selling them!

GE should get rid of both and only sell wind and solar products in order to atone for its past sins against the Earth Mother.

Incompetence breeds more incompetence. B players hire C players.

I agree that vast no of VPs, SVPs are clueless about their business, and frankly about how business works. Politics is how they survived so long. Hope that is going to end.

Domain knowledge is not respected in management ranks.

This was a failure of top leadership that got exposed due to market shift. Mgt training will be tainted for ever.

It's a great management school for those that want to learn how to play politics at a large company and cook the books. I came to GE from Amazon and there is a world of difference (also did time at IBM and Salesforce). Execs at Amazon were great, the most competent business-people I've met in my 20-year career. GE's execs are incompetents; never seen so many VPs and SVPs that lack basic understanding of their businesses. Flannery is a tool too. GE will shrink into oblivion over the next decade.

I agree completely, this business is now about jet engines, gas turbines, and wind turbines. I don’t think that’s a bad thing; those are pretty cool technologies. What s---s is that our leaders nearly sunk the GT business, and renewables will never dominate its market like the GT business dominated its market.

The deal with moving across businesses was only really ever true for finance and E-band and above. My experience with E-bands and even some finance people who move businesses is that they never get the domain expertise. You need domain expertise to work in the gas turbine services business, for instance.

The expat thing was still alive when I joined in ‘09, but died shortly after. Sure there are a few here and there, but even if you get a shot at it you risk getting stranded. Face it, if you go overseas to get a promotion you can’t expect people in your home country to make room for you when you come back.

The management schoolhouse thing may have been sort of true, but that narrative is dead I’m sorry to say. You need to go to an MBB firm to get that now. Few people are looking for ex-GE talent unless there is clear domain expertise, while everybody is looking for ex-McKinsey talent for just about anything. Or skip all that and go the FAANG route. Not GE though.

I hate it too. Bad leadership and bad decisions will kill you every time, and we had bad leadership after Jack left.