Topics regarding layoffs at General Electric Co.

Topics regarding layoffs at General Electric Co.

The climate of fear and panic

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 

by
| 2300 views | | 3 replies (last December 18, 2018)
Post ID: @OP+WG66Jzg

Who Killed GE?

https://www.google.com/amp/s/chiefexecutive.net/who-killed-ge-not-jeff-immelt/amp/

by
| 2184 views | | 6 replies (last December 19, 2018)
Post ID: @OP+WGLgJIO

What's the next thing to go?

Looks like we are selling divisions, assets, shares, whatnots... What do you think will be the next?

by
| 2090 views | | 5 replies (last December 23, 2018)
Post ID: @OP+WGBboS1

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 

by
| 1616 views | | no replies yet
Post ID: @OP+WGHNqvG

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 

by
| 1770 views | | 7 replies (last December 18, 2018)
Post ID: @OP+WFH4YZE

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 

by
| 1870 views | | 3 replies (last December 18, 2018)
Post ID: @OP+WFmd1pl

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.

by
| 1550 views | | 1 reply (December 18, 2018)
Post ID: @OP+WFFu7dX

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 

by
| 1933 views | | 5 replies (last December 21, 2018)
Post ID: @OP+WFkVvsA

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 

by
| 2440 views | | 6 replies (last December 18, 2018)
Post ID: @OP+WF7GVvy

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 

by
| 1650 views | | no replies yet
Post ID: @OP+WFoSx7D

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 

by
| 1930 views | | 3 replies (last December 17, 2018)
Post ID: @OP+WFlIhOV

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 

by
| 2610 views | | 19 replies (last December 18, 2018)
Post ID: @OP+WEe6oLy

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 

by
| 2001 views | | 3 replies (last December 17, 2018)
Post ID: @OP+WEClqpy

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 

by
| 1784 views | | 3 replies (last December 18, 2018)
Post ID: @OP+WECmCmw

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 

by
| 1720 views | | 4 replies (last December 17, 2018)
Post ID: @OP+WE8P9F1

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 

by
| 2040 views | | 3 replies (last December 17, 2018)
Post ID: @OP+WE3KSpw

The Great American Tragedy

https://www.wsj.com/articles/ge-powered-the-american-centurythen-it-burned-out-11544796010

by
| 3590 views | | 18 replies (last December 18, 2018)
Post ID: @OP+WCa1WJ9

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.

by
| 2040 views | | 2 replies (last December 14, 2018)
Post ID: @OP+WCse1Cz

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 

by
| 2380 views | | 6 replies (last December 14, 2018)
Post ID: @OP+WBbdcFr

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!

by
| 3250 views | | 13 replies (last December 14, 2018)
Post ID: @OP+WBctgDD

GE Nuclear - Legal

I heard a lot of lawyers and staff have left GE nuclear legal. Anybody else heard what’s going on?

by
| 2280 views | | 4 replies (last December 14, 2018)
Post ID: @OP+WBp7C61

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.

by
| 5440 views | | 23 replies (last December 14, 2018)
Post ID: @OP+Wz4jv4i

Slow demise of GE

Excellent read... The comments are also well worth reading. https://news.yahoo.com/general-electric-apos-slow-demise-143026714.html

by
| 1770 views | | 1 reply (December 13, 2018)
Post ID: @OP+Wzzo6xu

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 

by
| 3186 views | | 13 replies (last December 11, 2018)
Post ID: @OP+WzMGdVF

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 

by
| 3180 views | | 7 replies (last December 12, 2018)
Post ID: @OP+WzrIjQ5

Start a new thread - post a news comment, question or message:

: