Restructuring or layoffs. Anyone else hear?

General Electric's pension obligations total $92B, more than the company's $80B market cap. GE has set aside $69B in assets to meet its $92B obligation, a $22B gap that sounds alarming, but the obligation comprises more than one pension and not all... — read more 

There is no unity in this thing called the legendary onion we are in. Look at unity combined job codes, we made concessions to keep work and jobs here, divided the onion and never gave t rates the support or backbone to better them. Now look more... — read more 

https://www.cnn.com/2019/04/08/investing/ge-stock-downgrade-jpmorgan/index.html

GE stock may be poised to crash more than 50% https://finance.yahoo.com/news/ge-stock-may-be-poised-to-crash-more-than-50-123144108.html General Electric shares take it on the chin following negative comments from two long-time analysts.

If I start a new job immediately after being laid off, does that in any way affect my severance? I know they can't expect us not to look for work after we are shown the door, that would make no sense, but I wouldn't be surprised if there was some... — read more 

More layoffs hopefully it gets to my 1999 seniority date soon. Between this onion we call a union and these clowns running this place like a 3 ring circus these days. It’s coming soon I can smell the 10lbs of t_-ds in this 2lb bag called 273. What a... — read more 

“First-quarter cash flow will set an important tone,” Gordon Haskett analyst John Inch tells Barron’s. Inch is bearish on GE stock with a $7 price target. GE burned through $1.7 billion in the first quarter of 2018. Inch worries that weak cash-flow... — read more 

Prior to the next earnings report (April 19th), what are your thoughts on the next thing that's going to be pulled from Larry's magic hat?

Spring cleaning sale for the plower division! Parts of GE Plower will be sold off that is why the CEO said by 2022 GE will be in a rebound stage on cash flow. IF Whoever buys the Power sections on this spring cleaning sale. At a discounted price to... — read more 

Never thought GE would even consider selling Nuclear. For years I thought it was one of biggest money makers for the Company. In the company's third-quarter earnings report, the first under Culp, GE announced it would reorganize the power business... — read more 

I imagine that spinning of Power in one piece or in portions won’t satisfy their thirst to gather cash and maintain a positive cash flow. So, in that sense this seems to be a sensible question. What part of the company is next after GE Power to be... — read more 

GE Is going to break up-spin-off Power segment's...They will create a company called SpinCo for this purpose.... The spin off will freeze the pensions, remove the majority of the contractual language with the union. Long service employees who think... — read more 

Well here we go again...T as most likely headquarters spending to much but as usual everyone who should be able to travel for meaningful network support are to blame. How about the world traveler Mr. Simpson who has racked miles in 1Q over what most... — read more 

Lots of nervous people again at GEHC. Leadership please get a long term plan in place, stop gutting the future.

https://www.google.com/amp/s/www.cnbc.com/amp/2019/03/27/ge-likely-to-further-break-up-the-struggling-power-business-rbc-says.html

https://www.orlandosentinel.com/news/breaking-news/os-ne-southwest-emergency-landing-orlando-20190326-story.html "There were no passengers aboard. Two pilots were flying to California when they encountered engine problems about 10 minutes after... — read more 

https://www.powermag.com/first-gas-turbine-upgrade-blending-ge-and-alstom-technology-unveiled/

With the whole mess created by the selloffs and restructuring, I doubt they plan to keep the same headcount. So when could we see the first layoffs on an organized scale as a result of all of this, in the US? If anybody has any info or even some... — read more 

Four years after the takeover of Alstom's energy division, General Electric is reducing its headcount. After 700 voluntary departures negotiated, the group would consider a heavy social plan for the plant specializing in gas turbines. Excuse the... — read more 

https://www.google.com/amp/s/www.timesunion.com/news/amp/GE-Power-employee-charged-with-stealing-data-13709771.php

https://www.google.com/amp/s/www.greentechmedia.com/amp/article/ge-sells-renewable-energy-assets-to-enel-despite-plans-to-grow-renewables.

Are you all safe ? More cuts planned if , so when ? We do not hear much but rumors.

Full time DT employees are extra burden eating all money earned by regional sales. Not a single fulltime DT is adding any value rather sleeping all day. They don't do anything nor available when needed and they are extremely expensive. Chopping them... — read more 

Prepare for a massive bloodletting in power in April. As many as 4000 people, primarily USA employees, are on the chopping block us the company continues to shift leadership to Baden and manufacturing to Alstoms silent facilities. The facilities are... — read more 

https://www.cnbc.com/video/2019/03/22/ge-is-having-one-of-its-best-quarters-in-five-decades.html

I think Larry Culp is doing fantastic job in getting ahead of earnings reports and creating transparency. Lots of cuts in Power still planned. Factories switched to services and spare parts production per last earnings call. What is John doing ? We... — read more 

Who knew that selling McDonald's employees a 45K SUV on 8 yr lease wouldn't work? Car bubble as bad or worse than 2008 housing bubble. Record car sales had NOTHING to do with a "Booming Economy" and everything to do with lending people money who have... — read more 

He didn't mention anything, but I know for sure he saw me. How much trouble am I in? I'm worried I'll be handed a pink slip once I get to work today...

https://www.ctpost.com/business/article/After-stock-and-job-losses-GE-honchos-get-big-13699535.php

The company is dismantling itself by selling its good parts to pay debtholders leaving shareholders with the struggling segments. The optimistic scenario as presented by the CEO is vague, and lacks a clear road-map. The company has a history of... — read more 

This article considers the move of splitting these to positions, that the roles of the CEO and chairman of the company are not united in the same person, to be a logical and a good move and the author is wondering why Culp hasn’t done that already. I... — read more 

My thought if it matters because t Rates lives matter is stock pile cash and spruce up that resume. No union will help you retain this JOB nor will the union find you another job. Ge will cut as many of the $50000 a year t rate job positions so big... — read more 

I see that there is some sort of a reorganization is rumored in nearly every GE business. If Half of that turns out to be true, those are still enormous shifts. So, what does that mean in terms of layoffs. How many GE workers will pay the price of... — read more 

https://finance.yahoo.com/video/gordon-haskett-executive-retention-key-212736257.html

I warned GE employees that the economy was starting to tank and there would be job losses, at GE and pretty much everywhere else. Of course, I was mocked and insulted endlessly. Today, even the Mainstream media is admitting the economy is tanking... — read more 

Have the layoffs started?