After we IPO GE Capital's Consumer division, we plan to devastate and destroy the lives of as many people as possible that are left in that "black hole" called GE Capital. Dan Henson will be in charge of personally targeting you.
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Wells or JPM may just buy all assets in portfolio sale with a few employees .. Rest will in all likelihood be laid off
Henson is merely another pawn, He'll play his part, take his payout and move on.
From "the Announcement" of last week, the behind the scenes packaging for sale in the works for several months is in full swing. The worker peasants have no idea of what is to unfold. "Layoffs will not start until July..." nope, they have already started. Vacation policy was "updated" in March that accrued vacations are no longer part of the compensation package. Folks with 20+ years (or any amount of time with GE ) will not be paid for unused vacation, depending on your salary band. Yet the execs will all get their stock options, free health care and company cars, for a little while longer.
Why are you specifying Dan Henson when there are many more equally responsible for layoffs