Thread regarding General Electric Co. layoffs

Everything is fine, nothing is changing, go back to work.

We had an all hands today and an SEB said this.

Mr. Flannery and is gradual, cautious style seem to be getting a pass from investors and the Street - meaning there is no sense of urgency to transform GE. ANd John has said as much in recent public statements.

So should we assume layoffs are more or less finished, not much will change, and Ge will go on being "GE" - have the activist investors like Tusa and Peltz been put in thier place?

I'm a mid level worker bee - making PPT dashboards all day and appoving mindless workflows.

by
| 3025 views | | 5 replies (last ) | Reply
Post ID: @OP+TrlRV3g

5 replies (most recent on top)

Flannery will be out by end of the year

by
| | Reply
Post ID: @2yua+TrlRV3g

Yes GE is in Great Shape. Back in April received our raise , only to be told won't get till July. A week later noticed my raise in my paycheck. I was lucky to find employment elsewhere before I was let go in what appears to be multiple waves of layoffs and selloffs in the future. So I get a letter that I owe 250.00 dollars as it was a mistake to have been given my raise, and the 2 paychecks I received afterwards. I talked to my ex-coworkers and there in the same boat, but with much higher payback. Really GE your that desperate for money. Did the same thing in December 2017 when you held the last paycheck of the month to be on track with payroll. Well GE I had 16 years in there, and with this permissive time off the millenials are abusing, I left without vacation pay, so if you want your 250 then hold out your hands and wish in one and sh*t in the other and see what gets filled 1st. So glad I left this company for more money, better benefits and a more secure/ less stressed place.

by
| | Reply
Post ID: @1vob+TrlRV3g

Power, transportation the signs are on the wall. The rest will get rid of unprofitable areas is that not enough.

by
| | Reply
Post ID: @1ntg+TrlRV3g

If things don’t change fast enough, especially in regards to cash flow then we will see $11 per share before we see $30 again.

Stephen Tusa at J.P. Morgan in the end might be the most accurate forecaster of the mothership’s future.

by
| | Reply
Post ID: @1jwp+TrlRV3g

Not sure what you're smoking, but you've got no clue what you are babbling about. Everything I've read says Flannery isn't being aggressive enough, and some analyst think he should step down. Put down the crack pipe and do some reading before coming on here and making an a$$ of yourself.

by
| | Reply
Post ID: @1vrd+TrlRV3g

Post a reply

: