Finally, an article that contains some common sense. I don’t want to be taken the wrong way, GE is a company with a lot of problems that were years in the making and will take a lot of work and wisdom to get out of, but GE is also a company that is... — read more
GE sues Uptake, says Chicago firm is in 'ruthless scheme to poach' GE executives
Really? Aren't you pleased that somebody wants them? Besides it is a great way to lower expenses.
CBS Board Denies Leslie Moonves $120 Million Severance and GE what have you done?
CBS shows some Ba _ _ s and how things should be done. GE too afraid to admit the financial malfeasance. Heck, Culp overlooked it by bringing Rice back. How much is he getting to come back from retirement and fly for free?
Who Killed GE?
https://www.google.com/amp/s/chiefexecutive.net/who-killed-ge-not-jeff-immelt/amp/
What's the next thing to go?
Looks like we are selling divisions, assets, shares, whatnots... What do you think will be the next?
Now you see why GE is going get fined
This was all legal, and occurred under Jack, Jeff and John. The financial engineering to not pay US taxes needs to end. Are you a US company ? Then pay some taxes like the rest of the US companies and tax payers. Culp is going to take the complexity... — read more
Can GE Survive Its Cooked Books? Maybe the truth will be told one day
People don't get it. None of what is going on started with Immelt. Power did not just start cooking its books. They were already burnt by the time Immelt came around. Welch started it all and the stock should never have been as highly valued as it... — read more
273 question?
So the next national and local contract for t rates IF we are here means we get a goose egg AGAIN. The union says they are fighting hard to get us something but I beg to differ. The company claims it is to save Schenectady. Well in my shoes I see the... — read more
What do you guys think about layoffs in Schenectady 273?
Did they come this year did you like them? Do you miss your t rate buddies or did you just take their locker and sleeping spot? Merry Christmas fa la la la la!layoff coming!!!!
The arrogant will be humbled
I post to be able to state the truth... Actually I feel sad for the hourly people ... They produce the product yet get spoken to/about like dogs... Meanwhile the salary folks many of them not all ..are back biting arrogant fools with not as near as... — read more
GE has $40B in bills to pay in 2 years
Sure, they can roll some that over at junk bond rates, but there's going to be plenty of liquidation to pay the bills. The cushy 1970s ways of entitlement are over. Chop chop, big-time.
Looks like we are really desperate for money
General Electric has sold the last of its stock in genetics-testing firm NeoGenomics. The conglomerate’s GE Medical Systems Information Technologies sold 10.8 million NeoGenomics shares for $130 million, a price of $12 each... — read more
Pension Annual Funding Report
Just got the 2017 Pension Annual Report and thought I would share so that others could comment as well. Total of $3,178,349,393 (10.8%) was paid out Total of 226,663 persons were covered Value of plan assets $28,186,420,639 as of Dec 31st 2017. (4.6%... — read more
273 bumpy road will continue until 2023
Do t listen to the company or the hall because the free cash flow problem will not be over next year. It will turn around in 2023. They are blowing smoke to keep the members working and motivated. The year 2019 will be worse than 2018 and the free... — read more
Did we fool Tusa or What??
SO Mr T thinks all the problems are 'well understood'. He thinks things are still broken but Larry has his arms around the problems. Ha. Ha. Ha. Larry hasn't even started addressing the problems of the bloat at Renewables. DJ has done a great jobs... — read more
D-Rates are eligible to bump 19 rates at BLDG 66
Per contract in 301 Local Supplement. Legacy D-Rates can bump 19 Casting Operators. T-Rates are under different Local Supplement. Layoffs in January.
Will GE realy bet on Renewable energy?
I saw a couple of articles these days that point out that GE could bet on Renewable energy as something that can give a significant contribution in getting out of the position in which the company is right now. I really don’t see any logic in that... — read more
GE Renewable Energy
As a so-called Tier-1 business, GERE is relatively new to the party, having only been on the scene a few years. In that time, they have created perhaps the most bloated management structure in the history of mankind: 5 CEOs, 16 Vice Presidents, 3... — read more
Positives on Larry Culp
I think the biggest positives about Culp are: 1) He has a successful track record with Danaher, 2) He is NOT a product of GE / Crotonville. Quite frankly that's all we really know about him. He may be just another arrogant, greedy hack like Welch and... — read more
GE Stock Price...Its all smoke and mirrors
The stock price in general has nothing to do with Tariffs, Interest Rates, Earnings Per Share etc. The stock prices are set by market manipulation. If a company is deeply in debt and making no profit at all then that would kick in to the equation... — read more
Jack Welch Admits It
From The Wall Street Journal "GE Burned Out" story, https://www.wsj.com/articles/ge-powered-the-american-centurythen-it-burned-out-11544796010 the article gets to this quote at the end...., "Welch, now 83, has slowed from his relentless peak, but was... — read more
The Great American Tragedy
https://www.wsj.com/articles/ge-powered-the-american-centurythen-it-burned-out-11544796010
Stock Markets tanking. 401k'sh-- now, pensions in 2019
6 months ago, GE employees here laughed at the suggestion the economy is rolling over. Nobody laughing now.
Schenectady will have a massive headcount reduction January-February of 2019
More layoffs coming for 273 in the beginning of 2019. So many hourly bodies doing next to nothing as work has slowed down after the service orders went out the door. Don’t have a happy holiday
GE to be sold (in my opinion)
GE is for sale. Culp if there to sell it. Just means it will be broken up and not exist as a large conglomerate anymore. Culps goal is to try to get as much $ for the top dogs and their WS friends as the break up plays out.
GE Bankruptcy Probability (2019)
Please provide your opinion on GE Bankruptcy Probability for 2019.
What is GE Digital spin off means for existing employees ?
What to expect from new company to be formed (i donno what the hell that means) Is it safe to stick around or jump of the ship ASAP? Is the 150% bonus deal still happening?
Definitely a ghostworthy company
If it wasn't for the hope of getting a severance package, I would have already ghosted on GE. It's hard to watch job offers expire while waiting, though... — read more
Stephen Tusa
Stephen Tusa for CEO.
Beware GE employees!
It appears GE is blocking posts to this site from any one of their computers or laptops ..,,, so much for freedom of speech!
GE Nuclear - Legal
I heard a lot of lawyers and staff have left GE nuclear legal. Anybody else heard what’s going on?
GE stock now worth only $6.66
https://www.zerohedge.com/news/2018-12-11/ge-slumps-ominous-666-march-2009-lows
According to posts on here from last year schenectady is suppose to be closed already.
So are the posts now right now. Or how about the year before where the posts say schenectady would be closed last year. Hmmmmmmmm such great info on here
Discreet Layoffs Continue in Power
Found out the Chief Engineer’s office got some heads cut, which is very surprising. One person let go was a chief engineer with 30 years. Not talking early retirement but LAYOFF. No one is safe in this environment.
Slow demise of GE
Excellent read... The comments are also well worth reading. https://news.yahoo.com/general-electric-apos-slow-demise-143026714.html
Downward spiral continues
General Electric stock has slid under $7 and there is no slowdown in sight. How low do we have to go before bankruptcy is a guarantee? Or even Chapter 7? I'm just wondering if there is ANYTHING upper management can think of doing to get us out of... — read more
GRC - Assessed funding update?
Just heard that LC did not bless the previously agreed on assessed corporate contribution to GRC. This could be a major shoe to drop since assessed funding is close to being 1/3 of GRC funding and is required to both lower the researcher cost to... — read more
Hi I'm from GE big 273 when is the scheduled 2 line layoff meeting?
Can we call back t rates or SkullFcuk them all?