Can someone post a comprehensive list with all Subs and Divs?
3 replies (most recent on top)
Global Growth renamed itself as Global Ops... That's another segment of GE Capital that will be let go asap.
All of Capital is targeted for cost reductions. The previous poster from 6 months ago - you were 100% correct. 47,000 employees will go to less than 10,000 by end of year, more 'right-sizing' after that. Dodd-Frank is one reason, the government dictates how much dividend the company can pay, you voted for Obama, this is what you get, Another is Capital f'-ed itself over years of contracted-out services, mostly in I/T, consulting and regulatory / compliance, the latter adds no business value at all, so why do it? Sell, baby sell. In another 10 years, financial services, business loans, and all the commercial services now being liquidated will be restarted anew.
There you go: Global Growth and Operations, Aviation, Energy management, Oil and Gas, Power and Water, Healthcare, Home and Business Solutions Transportation, Capital, Corporate (PR, BD, Legal, GR, HR, Fin)