Topics regarding layoffs at General Electric Co.

Topics regarding layoffs at General Electric Co.

GOOD NEWS

GE says French plant set for layoffs will not close down and that they saved 15% by switching to GEICO

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| 1300 views | | no replies yet
Post ID: @OP+Zn3nlW7

Pension Impacts?

Can someone explain in detail what the poster meant about setting up corporate to file bankruptcy and how it was related to GE Transportation and Appliance spin-off to Wabtec and the Chinese. How does that affect the pension GE owes me?? I’m confused... — read more 

PBGC / GE Pensions

I think there is some bad info being posted here about the PBGC. They have a max rate they will guarantee per month and it depends on your age. Also, it appears that a surviving spouse would only receive 50% of the pension, GE's plan let's you chose... — read more 

More layoffs for Power Starts with France

And soon in Greenville and those union slugs will get played again by the corporate greed club. France is first up, next Here in Greenville, then upstate ny will get played again and loose more. Greenville has no work? Schenectady has a full year... — read more 

Good question

Trian Fund Management disclosed that it has sold about 9.4% of its General Electric stock investment. Trian subsidiaries sold 6.66 million GE shares from May 22 through 24 for a total of $64.2 million. They know sumpin' we don't? Originally posted by... — read more 

Belfort

Et voilà, juste après les élections. Quelle honte. Patrick Kron en prison. https://finance.yahoo.com/news/general-electric-planning-cut-around-101930593.html

CEO LARRY CULP IS SLOW IN EXECUTION

I am beginning to think this CEO is little slow in executing. Keep saying again and again Power division has big problem. Of course it has, everybody knows that. Big investors are getting rid of GE stock. The last CEO got fired for being slow. Hope... — read more 

Go figure

And this new regime of manufacturing managers think they know what they are doing https://kfor.com/2019/05/23/turbine-buckles-collapses-on-oklahoma-wind-farm/

Salem Layoffs (VA WARN filed)

GE - WARN - http://www.vec.virginia.gov/warn-notices 1501 Roanoke Blvd. Salem, VA 24153 5/13/2019 7/12/2019 245 Salem, VA David Ferrell (540) 387-7085 Closure

2025 ban on natural gas in Washington

Washington State to ban Natural Gas Powergen http://newstalk870.am/clean-energy-bill-passes-wa-state-senate-would-eliminate-natural-gas/ Not just new plants, but also current ones by 2025. Other states to follow... @XVX35uP

Stop guessing

Everybody seems obsessed with guessing when layoffs will come. In most cases management has told us there will be layoffs in Power, Corporate, GED an Oil and Gas. If not look out for keywords like synergies coming from management that most always... — read more 

GE Power Layoffs Needed Now More Than Ever

GE Power getting beat by competitors: https://www.thestreet.com/markets/general-electric-loses-market-share-in-gas-turbines-jpmorgan-analyst-steven-tusa-says-14961302?puc=yahoo&cm_ven=YAHOO&yptr=yahoo I want my stock price to return to $ 20+/share... — read more 

Here we go again...

https://finance.yahoo.com/news/exclusive-fbi-targets-johnson-johnson-100519603.html

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| 1725 views | | 1 reply (May 17, 2019)
Post ID: @OP+Z6eeAet

Any more info about the Power Layoffs?

If in fact the layoffs started and this story on the board was not just a rumor, I would like to know what locations were affected and if it’s possible, how many people are being let go at certain locations.?I work at Power and we haven’t seen these... — read more 

Most good employees are gone

We are so shorthanded it's laughable, and yet the replacements we get - on rare occasions we do get them - are completely useless. No wonder most of our good employees are gone and the remainder are getting ready to leave. The future of General... — read more 

Layoffs Atlanta lIfes changed

20 Years later my wife is gone. Politics where chosen not achievements etc. Her name stands alone Our house gave the best to Ge and now a cut of 10 Admins in Power. Not low paid and low abilities. Higher paid that made their bosses able to perform at... — read more 

Coming Back Home To Schenectady........

https://www.wbur.org/bostonomix/2019/05/09/general-electric-seaport-property-sale Big plans to start the transition back home to the Power base. With Schenectady's renaissance of the Downtown, a perfect fit for the GE Corporate and boost in stock... — read more 

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| 2500 views | | 6 replies (last May 12, 2019)
Post ID: @OP+YZlK61G

so much for loyalty

Laid off after ~25+ years at GE, riding the tides, ebbs, and flows of the Company. Knew it was coming but getting the Notice s---ed, hurt, and gave me (folks who are on the team and also got laid off) pits in my gut. Hoping that the "nationally... — read more 

Is there any way out of this?

I don’t see the company having any real direction under this leadership. They may have slowed the fall down but it’s still a fall. Will we ever be on the right track again?

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