Any news here? I heard that there might be massive layoffs very soon? Anyone from GE Capital can confirm this?
4 replies (most recent on top)
Will this impact ability to pay bonds at maturity?
WF or JPM may just buy all the assets in a portfolio sale without people - let's negotiate what we can before it's too late. All the best fellas.
38,000 employees impacted with GE Capital wind down.
Not really, the unit is doing fairly good and it'll continue to do so until the next financials market turmoil.