Thread regarding General Electric Co. layoffs

It's no secret. To become a leader in solar GE just needs to have a few meetings, make an announcement and spend money on it.

There is no way that GE can compete with Chinese companies on solar or batteries. GE is just too late, lacks vision, and has no support from current US energy policy.

Let's not fool ourselves, GE is decades behind the Chinese and will never be able to play catch up on price or scale.

The energy sector is up for a massive disruption – complements of Edison’s arch-rival (ironically). GE needs to get away from incessant shuffling of meaningless slides and back into hard core engineering. Don’t just talk about changing the world; do it – at scale, globally, with commensurate profit.

https://www.collective-evolution.com/2018/11/13/strange-looking-tesla-tower-in-texas-aims-to-transmute-electricity-wirelessly/

http://vizivtechnologies.com/

This expert presents the sternest of warnings on China’s ultimate goal.

https://youtu.be/5ME-dxOXF4Q

I am surprised that people are still talking about outsourcing to China. Why not just donate the facilities and intellectual property to the Communist party. They have proven that they will take it anyway. You have to be 1st class stupid to do business with them. A quick buck is not worth supporting those evil mass murderers. I would rather be unemployed.

Oops, back to the Byzantine Generals Problem again.

I definitely agree, VA has shown that he has the passion to cut headcount.

Vic will come back to run REN. He has a passion for storage and the guts to cut the headcount down to what is needed to run the show. Word has it he is positioning his GRC cronies to 'look in' on REN's operations.

I'd love to see GEs assembly operations turned over to Bosch's logistics team.

So you are a finance guy. Then I respect your view on best ROI. However, we need to have the investment first and then have the ROI, right? Please take look at my first point.

Let us stop playing numbers and talk sense. Cost controlling is important to a business. Is cutting NA workers the only way to reach a best ROI?

And seriously if you want to talk turbines, let's not embarrass ourselves talking about GE's pathetic and dwindling market share.

Talking about operating margins bud. Overpriced NA workers don't cut it anymore. GE is 50 years behind the rest of the private sector figuring that one out. GE Financial is finally forcing the come to Jesus moment.

Oh, were you talking about outsourcing when you mentioned robots, Mexicans and Chinese? Then it goes back to supply chain and intellectual property protection issues. Hope you don't talk with customers with this kind of tone.

VSQ, I don't understand your logic. Probably you can show your numbers and tell me how to design in NA and build it with robots, Mexicans, or Chinese? Turbines are not spreadsheet.

Under old GE structure, renewables was a defensive play. Margins in that space are terrible and dropping.

Under Culps regime, renewables can compete by scaling and partnering. More decentralization allows new models to emerge instead of sell hw-milk services revenues for 20 year's model of power/aviation/HC.

Breakthrough in battery will upend the market. No one can predict when, but with auto industry piling on, chances are getting better.

Solar has more growth potential than wind. gE has no solar business to speak of.

Best in technology doesn't win. Best return on investment wins. Maybe you design in NA, but best build it with robots, Mexicans, or Chinese. Maybe partner with Elon Musk on solar?

For a company to lead in renewable energy, I believe it need five things:

1. A big North America marketplace - a pull for technology that will spur investment.

2. A scalable and competitive supply chain that deliver the lowest unit costs to the end customers over time.

3. Best-in-class technologies. In this business, the best technology wins.

4. Strong intellectual property protection. In order to make technology investments, investors expect a fair return.

5. Free and open markets. The ability to trade commercial products with advanced technology freely is vital to grow markets.

GE is not GE dumba$$

GE is the world leader in RE?

GE pumping money into something produces something?

GE is GE and will always be GE unless it's changed from the outside. Its management team can't imagine being anything other than more of what it is now. HR has no idea what a productive culture might look like or how to promote it.