Topics regarding layoffs at General Electric Co.

Topics regarding layoffs at General Electric Co.

What about those of us remaining

Fewer layoffs? Of course. But let's look at those of us who will remain. What will we face? Stagnant wages for legacy employees and salary? Two-tier pay for new hires? Higher health care premiums and less benefits? Underfunded pension? Or better yet... — read more 

Great idea!

What these CEO's and their right hand people make is ridiculous! I just cant believe how I--MELT and a few others destroyed GE! I dont believe they didn't know the true story of the financial condition. All they did was play a numbers game and hide... — read more 

Biggest problem at GE ... No Control

Culp is stating the same stuff from years ago. No focus on cash now, Cash was King years ago. Lean missing, lean was rampant and the Toyota people were running crazy all over the place. What happened, leadership got complacent. Maybe Culp will... — read more 

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| 1760 views | | 4 replies (last April 30, 2019)
Post ID: @OP+YPDN4sK

GE beats Q1 expectations

GE beats Q1 expectations, boosted by oil, gas and aviation General Electric (GE) reported first quarter earnings on Tuesday that beat Wall Street’s expectations, with weakness in its beleaguered power unit partly offset by strength in its oil, gas... — read more 

Siemens wins 15 billon order over GE

It seems that layoffs are sure now https://www.bloomberg.com/news/articles/2019-04-29/siemens-wins-iraq-power-deal-as-ge-jostles-for-15-billion-deal

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| 2430 views | | 8 replies (last April 30, 2019)
Post ID: @OP+YO5hUKJ

At what locations are they cutting?

Is there any word at what locations are layoffs carried out this time? Are they limited for specific locations or should the employees be afraid at any corner of the company? Pease post If anyone has any more precise info.

Inside information on this next contract this year

The local unions are going to sha-t over us t rates again. No raises, more in healthcare premiums, no job security, taking less money away from d rates. Less vacation time, less holidays. It is the upmost important to vote yes or Greenville and... — read more 

Layoffs started...you won’t believe where

Well again Power (Strazik) has out done himself again. The infamous bean counter laid off all Office Administrators... get this ( only those supporting Leadership below the SEB level). Seriously as if this is going to make a dent in the numbers; yet... — read more 

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| 2302 views | | 2 replies (last April 26, 2019)
Post ID: @OP+YLwRWup

To what degree will the Power layoffs go?

I mean is there any concrete number that they want to reach with the layoffs or are they cutting wherever they think they can. What percentage of Power employees has been hit already?

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| 1830 views | | 5 replies (last April 27, 2019)
Post ID: @OP+YL9yIw6

Any info on layoffs?

Seems that not hearing about layoffs happening, while at the same time knowing that they will happen and that it’s only a matter of days is making me even more nervous than when layoffs are in the process. Any layoffs reported in the last day or two?... — read more 

How does new job affect severance?

Coworker who was laid off earlier this month already has a new job. He actually started literally a week after being laid off, he said. i didn't think about that at the time, but now I'm wondering - will starting a job right after layoff affect... — read more 

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| 2080 views | | 6 replies (last April 25, 2019)
Post ID: @OP+YHAd1J9

Does Culp have any direction?

I haven’t seen a lot of out of this leadership, other than a panic urge to gather cash via selloffs and layoffs. Not even the sight of innovation, or a new direction of the company. I have to admit I had my hopes up for this leadership, but as time... — read more 

What’s the extent of the layoffs?

See this thread on the board about layoffs taking place. See people are getting cut from different parts of the company. Is it possible to determine how many people were hit by no, at least approximately? Is the management deliberately targeting a... — read more 

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| 3450 views | | 8 replies (last April 26, 2019)
Post ID: @OP+YEF4b7U

Will there be anyone left at Schenectady?

I mean seriously. To be honest I’m a GE employee that doesn’t have a connection with that place, but as long as I’ve been on this forum, and I\ve been on it for quite some time, layoffs at Schenectady have always been mentioned. What’s going on... — read more 

Not a place to build your career

Talked to one of the new guys yesterday and I was shocked to hear him talk about this place as a great career opportunity. He honestly thinks he'll be able to build his career here. I can't believe there are still people who are that naive. How can... — read more 

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| 1960 views | | 2 replies (last April 18, 2019)
Post ID: @OP+YDz537G

Moral is the lowest that I’ve seen in my career

That’s my general opinion, and I believe the same picture can be seen at other locations as well. People are jumping on any opportunity to leave the company even for a lower pay. Don’t really know how people can operate in such an environment, much... — read more 

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| 2430 views | | 5 replies (last April 17, 2019)
Post ID: @OP+YB3pvgg

sinking ship

Per GE Voices: 127 years ago today, the Edison General Electric Company and Thomson-Houston Electric Company combined to form GE -- and we've been changing the world and bringing progress and possibility to every corner of the planet ever since. Same... — read more 

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| 2350 views | | 4 replies (last April 17, 2019)
Post ID: @OP+YAJ1NJo

What’s the leadership next move?

Any word about that? Are some other parts of the company set to go for sale? Any splits, spinoffs, reorganizations? Does anyone have any idea what they are going to do next? It’s hard to think there will be more shifts sooner rather than later.

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| 2300 views | | 6 replies (last April 18, 2019)
Post ID: @OP+YAKkQYv

INTERESTING

https://www.archyworldys.com/a-close-friend-of-macron-takes-the-lead-of-ge-france-in-full-restructuring/

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| 1620 views | | no replies yet
Post ID: @OP+YAqQMMo

GE has become a real mess

And I say that as a long time worker that seen good and bad times at the company. Layoffs are always on the table, the leadership looks indecisive in what direction they want to take the company in, parts are being sold and debt is piling up. It has... — read more 

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| 3190 views | | 8 replies (last April 15, 2019)
Post ID: @OP+YyjYuEh

More layoffs for Greenville and Schenectady in the works

There is a new Charlie Brown special coming out about his parents loosing their jobs at a manufacturing plant after is closed due to corporate greed and corruption. It is called “The Great Onion Patch”. The saga continues. This contract will be the... — read more 

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| 3140 views | | 8 replies (last April 23, 2019)
Post ID: @OP+YxqzxII

What business is next in line for layoffs?

Today it’s GE digital, but I doubt the layoffs will be restricted only to that business, but are a part of more massive restructuring efforts on the level of the whole conglomerate. I would like to get some thoughts on what part of the company is... — read more 

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| 2420 views | | 4 replies (last April 13, 2019)
Post ID: @OP+YxAPKY9

The buddy buddy system alive and well in Power

Don’t get blind- sided like so many of you seem to be as I read through these threads. Another massive layoff about to happen and if you think you’re immune your not unless... your on the Strazik “preferential” list. Consider the fact again certain... — read more 

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| 2960 views | | 8 replies (last April 20, 2019)
Post ID: @OP+Yxi1KN9

Got laid off today

I had just joined few weeks back and got laid off yesterday :). I saw the feed back on websites but i was so much blinded with GE that i didnt care about those and still joined. and now feeling that i have been screwed real hard. I know, even if i... — read more 

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| 6230 views | | 17 replies (last April 23, 2019)
Post ID: @OP+YwNIqY2

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