Again, regardless of the leadership GE has gone to extremes. Ever the zealots of the latest initiative, the focus on lean has brought out another group of true believers (whether they believe or not is another question). Now there are metrics being... — read more 

Unemployment Classifications. A-11 Unemployment by Reason 2020-10. The above image is Table A-11 from the monthly jobs report. My chart shows all of... — read more 

I’m going to tell it like it is. Vote in guys who can go up against the company. That means guys that are “clean” so that the company has nothing to hold over their heads. We need guys that are not known for getting into trouble or their alleged... — read more 

GE Shipping signs contracts to buy second hand capesize bulk carrier; no more Schenectady

Possible shake up happening with the BA and P positions at 301. The current P must go for any chance to build back a real Union. We need a P that will look out for us as a whole, instead of only himself and his fam. We need a P that won’t lie, one... — read more 

GE Ends Century-Old Development Program HOWARD SMITH NOVEMBER 11, 2020 In the midst of a multiyear turnaround plan, General Electric (NYSE:GE) is ending a more than 100-year-old employee development program, according to a Wall Street Journal... — read more 

Keep seeing on linked in that CAS was cancelled/sunset. Is that true? What are they replacing it with?

It’s a great temp job!

All the same cup of soup. t

All of the latest and successful companies invest into their company workers (management and hourly) alike and the workers invest themselves back into the company. Like our dad’s days. Both parties are happy campers. However GE, like so many other... — read more 

https://www.youtube.com/watch?v=YHj9jcSBQLU General Electric CEO Larry Culp joins "Squawk on the Street" to discuss the results as well as the company's outlook amid the pandemic.

Check out slide 5 in the 3Q deck. Here again, GE;'s earnings surprise was not achieved in a high-quality way. The GAAP loss is the thing to focus on in that slide. GE keeps throwing in questionable items to offset that (flip it slightly positive)... — read more 

GE plants and hourly workers before tier wages and after tier wages changed for the worse. It decreases worker and management morale, lowers plant production as workers do not work as well together, and destroyed the strength of the union for each... — read more 

He Stocks are jumping Culp is getting the job done. “More cuts to power on the way”. Look out Schenectady

Feds didn’t like what they saw during the audit and decided to go back and look through years of finances. Certain people are sh–ting themselves right now. With any luck this will break up 301 and the company’s marriage. Which one of them will sing... — read more 

https://www.marketwatch.com/story/ges-stock-surges-toward-a-more-than-4-month-high-after-report-of-potential-asset-sale-2020-10-22

The Sith Lord will break The 301. For they will be broken after this reduction and restructuring and the dark side will finally win in Schenectady. The empire will over power and crush the rebellion union scum after this next big wave of job cuts in... — read more 

Schenectady NAACP calls for school layoff freeze ... SCHENECTADY — The Schenectady NAACP chapter on Wednesday called on the Schenectady school board to freeze any new layoffs and to begin reinstating... — read more 

Culp is getting it done.

They are doing the next rounds of lay offs right now, all over the country. No news on how many total. And you all think GE is special, and no going to do the same?

https://www.cnbc.com/2020/10/12/jim-cramer-ford-and-ge-are-headed-back-to-the-double-digits.html

We were told we pay property taxes on 336 Broadway. We were told we owed back taxes from 2014-2017, even though we paid “Rent Escrow” (which, as of August 2019, is being called Highbridge Tax) each month during those year. Luckily, a few of us saved... — read more 

The GM was in Hooksett saying all the people will be brought back, plus 200 more, and the work load will be at 2018 levels. The whole industry is in the toilet, and this is what he is telling people? Next week will tell a different story from what... — read more 

When is it?

$95 billion top line year after year... Best operational management in industrials... Period. Massive jet engine manufacturing tailwind 2021 to 2025... Tripling of revenue from renewable energy technologies by 2027... Doubling of revenue... — read more 

The SEC has been conducting an investigation of GE's revenue recognition and internal controls over financial reporting tied to long-term service agreements. It had expanded the scope of that investigation in 2018 after disclosures tied to GE... — read more 

Bet a bouncing paycheck that GE will be a penny stock by the end of the week!

Just announced changes. Look for GECAS, NALH and the Power Portfolio to be sold shortly soon. DJ is not there as an operations man he is there to exit businesses. Kudos to diversity and rewarding RS for one thing and one thing only.

Culp has been CEO for 2 years now and what has he done other than follow through on the divestitures that Flannery started?

Buy me a t-shirt with my own money. Give it to me right before elections, act like it’s a gift. Classic. Predictable as ever. Always keeping it classy on Broadway. Seriously though, couldn’t we upgrade to hoodies, maybe sports coats?

It’s only a matter of time before being caught. The UAW is proof. What is going on with our Union? Why isn’t the audit complete after 10 months? That’s not the norm. Why is it taking so long? Why isn’t the Union keeping us updated regarding the... — read more 

GE is closing its Pittsburgh Learning Center which trained GE shop and repair services personnel for steam turbines and generators. More people being laid off at that location. I guess GE doesn't care much about training its people any more. OR... — read more 

https://seekingalpha.com/article/4376597-general-electric-road-to-junk-status-is-never-ending

S. Department of Labor, Office of Labor-Management Standards (OLMS) receives complaints via email: OLMS-Public@dol.gov, phone: 202-693-0143, or by contacting your closest OLMS field office. Complaining on this site won’t help. Action will. — read more 

Folks, we pay over $12,000 each month in stipends and Highbridge. Speaking of Highbridge, has anyone ever seen the CURRENT SIGNED LEASE AGREEMENT explaining the EXTREMELY ODD TAX SITUATION? As a matter of fact, has anyone seen an original bill from... — read more 

GE is so far gone that no amount of changes in leadership or re-organisations or realghiments or shakups are going to help. GE is a once giant that has been cut off at knees and will never again be able to stand straight. Expecting that some grand... — read more 

All have what in common?