Thread regarding GE Power layoffs

GE Power offering Voluntary Separation Packages for EBs and SPBs

GE power is offering a max of 12 weeks pay for VSEP willing employees for are EB to SPB targeting employees with 5 to 12 years service. Its the first step before they start Job Elimination layoffs.

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Post ID: @Wy9Bu5H

13 replies (most recent on top)

i met few folks who really were offered 12 weeks pay for VRS

They are staying put since if you quit , it still pays 10 weeks , so not much incentive to take VRS ..

not just SPB , even LP bands offered ..

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Post ID: @Wy9Bu5H-Khlt

Know at least one in GVL GPS Engineering took it...

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Post ID: @Wy9Bu5H-qdas

No offers made in Greenville engineering afaik

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Post ID: @Wy9Bu5H-potl

Based on who was on the calls held by HR about this, I can state for certain that it was offered to SPB and EB employees working for Power Services physically located in the United States. It included PS HQ, Functions, and PS NAM region personnel. I know two SPB employees who accepted the package.

If you compare the package to similar ones recently offered by GM, Verizon, and Coca Cola, it was very stingy. If one were planning to resign anyway, then it was an incentive to pull the ripcord. Otherwise, not much incentive compared to what other companies have offered.

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Post ID: @Wy9Bu5H-iyio

If it's truly being offered, believe me- it's the precursor to a subsequent layoff action. Review your situations /options carefully, people.

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Post ID: @Wy9Bu5H-8xlq

it was offered to only IT aka Digital Technology

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Post ID: @Wy9Bu5H-7dyi

How does one get on this list? Asking for a friend ;)

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Post ID: @Wy9Bu5H-4bhy

Apparently mostly in supply chain

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Post ID: @Wy9Bu5H-2deg

A couple calls this week were held to explain the program. Not fake news.

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Post ID: @Wy9Bu5H-2ixd

I swear they are offered. Spoke with the guy who got one Why would you ask HR. You know they are liars

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Post ID: @Wy9Bu5H-2adp

I asked HR and they said they know of no VSEP being offered. Are you sure about this? Thanks for any information you may have about this.

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Post ID: @Wy9Bu5H-2dle

Not Fake News Donald, just fact

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Post ID: @Wy9Bu5H-1aos

Fake news!

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Post ID: @Wy9Bu5H-1jsa

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