Has there been any talks of closing plant for the coronavirus? Rumor I heard was that GE is gonna be close for 3 weeks... but on the bright side they gonna pay us 3 weeks of full pay plus what we would have gotten for overtime!!
Why can't GE employees work from home like big companies like P&G Google Microsoft
I can't believe the HR lead sent out an email today trying to s— up to the new GE leadership traits but not touch anything about Corona virus. Can't believe GE does not care about it's employees at all...Why can't people work from home and a... — read more
GE has now lost $50 Billion in value since mid February.
That is $10 Billion more since the original post 3 days ago
GE Value now DOWN $52.35 BILLION since February 12, 2020
GE Market Value now down $52.35 Billion since February, 2020. Since 12/28/2015 GE has lost $240.46 Billion in market value. Layoffs haven't even started at GE. This is bad news.
GE loses over $40 Billion in Value within the last 3 WEEKS
GE's market capital has decreased over $40 Billion within the past 3 weeks. That's 40 Billion with a "B". Good luck to all as there is more pain on the near horizon. Layoffs always come to GE. Now it's a sure bet layoffs will be sooner rather... — read more
Hedge Funds Are Crazy about GE
https://finance.yahoo.com/news/hedge-funds-crazy-general-electric-162728874.html
Keeping it Cool - Corona Virus Mega Thread for General Electric
Comments??? So many unknowns…
RIP Steven Tusa's Predictions
I'm sure we are all very disappointed. (Bloomberg) – General Electric Co. is gaining some favor over its top skeptic in Wall Street, who cited a better-than-expected performance last year. JPMorgan’s Stephen Tusa upgraded the shares to neutral... — read more
Jack Welch dead at 84
https://finance.yahoo.com/news/jack-welch-legendary-former-ge-ceo-dead-at-age-84-134324399.html
GE Cut 78,000 Workers In 2019 Amid Stabilization Efforts To Thwart Bankruptcy
GE has been a corporate shipwreck for the last decade, where infamous Madoff whistleblower Harry Markopolos warned in late 2019 that the company's 'cash situation' is a lot worse than the company's filings would suggest. Markopolos said the... — read more
PENSION FREEZE - The final nail in the coffin
The only hope GE had left was the experienced workforce that stayed because of pensions. GE Leadership has been frustrating employees for decades with their incompetency. Now with the looming pension freeze, the mass exodus of these employees will... — read more
So much for all the posts here disputing layoff news...
WSJ reports GE shed @78,000 workers in 2019 https://www.wsj.com/articles/ge-shed-about-78-000-workers-in-2019-11582583693
Lost Welder Certifications
GE Greenville has lost all welding Certifications.
GE retreads. Markhoff back???
Larry Larry Larry. Can't you get better help. Why bring back a 20+ year GE veteran? You should be getting rid of more of the long term execs not bringing them back. They are the problem and you claim you are focused on problems and leaning them out. — read more
Here we go again. New set of values to be released
Seems like every couple of years GE changes its values. I get it, new CEO and everything but c'mon, no focus on the fundamentals. How long will these last?
2020 Round 1 of GE Digital layoffs - coming soon
The past 4 years in particular have been challenging for GE Digital with respect to GE Corporate realignment and cost consolidation. During this time, GE Digital has seen employee reduction, profitability decline, and a deteriorating customer base. ... — read more
Baker Hughes bankrupt
I am here rumors that Baker Hughes is legitimately going bankrupt this year. Any truth to this or just rumors?
Digital layoffs - fake?
Minimal rumblings.. either they let everyone go or very little
Goodbye Schenectady
Good luck to all the former GE workers in Schenectady. The Power Division wishes you the best!
Lean at ACSC What is this early 2000
Same exact comments were made in early 2000. If you are betting person and want your money in the long run take it elsewhere. Nothing has, will change. GE is still not mission based and therefore it is not able to mobilize the organization... — read more
Any ability to forecast?
Did you catch the comment on pension forecasting that was just done 3-6 months ago? Off by $4 billion. Wow
WARN notice posted in Roanoke VA.
Layoffs in Roanoke. WARN notice filed.
Why there are no posts here?
thelayoff.com/ge-capital
How many people work at General Electric?
I am interested in the overall number of employees. Also, please share if you know how many people work at Fairfield?
GE Heathcare Marketing North america - move or quit
Confirmed GE NA Marketing is to relocate to chicago or effectively quit.
GE Digital Layoffs Detroit Hub
GE Digital will be laying off approximately 10% of its employees based in Van Buren but reporting to other locations in the next 3 months.
GE Power Layoffs planned for March 2020
A small percentage of GE Power employees will be terminated near the end of March. This will occur at US facilities in both Engineering and Manufacturing. This lay-off will be smaller than previous layoffs and will stay well below WARN reporting... — read more
You are fired
If you are a very hard working employee hired externally without being on any GE program, then you are targeted to get fired. This lay off only apply to non GE program employee. So don't think that you will be promoted with your hard work and great... — read more
Digital layoffs?
Is it real or fake news?
GE-Greenville ----- Slack Coworkers
I currently work at the GE Gas Turbine facility in Greenville, SC. Fortunately for me, I am very busy. However, I'm having a real difficult time dealing with a few coworkers that do nothing all day. Management thinks these guys are working hard. ... — read more
Long term impact of GE’s continuous layoffs
It is difficult to see how General Electric can achieve long-term success when there is evidently so little bond between it and its employees.
GE Headcount 2020
Does someone have headcount numbers for 1/1/2020?
GE STOCK ONE STEP ONE STEP FORWARD TWO STEPS BACKWARD.
Is there an end to it in sight?
Daily MGMT, growth rooms, policy deployment
Be warned, Larry will use his Danaher past to influence GE. Daily MGMT, growth rooms, and policy deployment are simply tools used to reduce employee empowerment and micromanage employees to death. Furthermore, this is all for show and politics. So... — read more
What will open 2020 layoffs season?
What do you think? Will it be Schenectady again? Maybe Greenvile? Something else?
Job application question
It's been a while since I've filled out a job application, so I could use some help with the "can we contact the previous employer" thing. I'm not sure what to put there. If I say yes and they do, my boss knows I'm looking for a new job, and I don't... — read more
Merry Christmas to all GE Lay-off victims
Many many people have lost their jobs over the past several years at GE while leaders (if you can call them that) have taken $Millions home to their families. If GE cut your job, take it as a favor. You know how miserable GE is. It is really much... — read more
737 Layoffs on the way.
Boeing will stop making 737’s and likely in the new year layoffs will happen at Aviation.
Got my pension check in the mail today
I Wish y'all luck. At least stick it out for your yearly 3% on the 401k, then it's head hunting season.
GE Power Lays off 68 in Schenectady and Greenvile today (12/9/19)
Sounds like its focused on Gas Power Systems Controls engineers. They were told they will be offered jobs with Quest-Global.