Thread regarding GE Digital layoffs

GE Digital SALE

Anyone have any information on when this beast(liability) is going to be sold.

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Post ID: @VE5fNfR

7 replies (most recent on top)

CoreTech will be outsourced likely in 4Q and then right-sized by the buyer in 2019.

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Post ID: @VE5fNfR-3ruo

Digital is separate from Core Tech and Risk sale I believe. Digital is rubbish. Coretech is worth the profit in running GE IT outsourced if you can run it leaner. Risk is just sales icing to get someone to agree to take on Coretech obligations.

If Larry acts like old place there is no corporate anything anymore. We are all dinosaurs. This guy will fail too though. Power is a boat anchor. Will stop ship.

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Post ID: @VE5fNfR-1dui

What are they selling? what is the asset? who is the buyer? "We're gonna sell Digital" is great a slogan, but that doesn't mean it's an executable tactic.

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Post ID: @VE5fNfR-1yao

Show me the money Larry

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Post ID: @VE5fNfR-1xfj

Seems like no action goin on at SR. Awfully quite. Hope some buyer shows up soon

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Post ID: @VE5fNfR-1odj

Should be announced by the end of the year. Pink Slips should be given out and people told to exit by the end of March.

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Post ID: @VE5fNfR-mfz

Yes. They are not going to post it here. There are, ahem, rules and laws for such disclosure.

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Post ID: @VE5fNfR-bqf

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