https://seekingalpha.com/news/3413501-wsj-ge-probe-ex-staffers-say-insurance-risks-ignored

Watch the Video from yesterday morning... https://www.thestreet.com/video/ask-jim-when-is-the-right-time-to-buy-ge--14794745 One of latest articles on Steve Tusa's View on GE... — read more 

When I got fired from GE Power Systems about 12 years ago I told the HR id--t who was escorting me out the door that in 10 years they're going to do a study as to what went so wrong for GE Power and they're going to determine it was handing the... — read more 

Rumor on the street.

You didn't need the role before, why do you need it now?

147 finance and insurance folks are gone as of Jan 2019.... This is in Jacksonville... A WARN has been filed with the state, I am not aware of any media coverage so you can see it here on the FL dot gov site... — read more 

Jack had some real strengths and some weaknesses. He did some genuine good things in building a culture - workouts and real simplification with multilevel involvement and buy-in. He was very good at managing the analysts, which, honestly, is tough... — read more 

I agree with the things stated in this article. This is definitely the source of the problem and a huge liability. The thing that surprises me is that the leadership, even though this was identified as a big problem, decided not to tackle it first... — read more 

Somebody at the office mentioned that Wauwatosa is not the only location being hit right now, but I haven't heard anything about any other layoffs, at least for this week. Is it true and I somehow missed it?

GE’s diversity seems to be backfiring on it. It’s interesting to see how many diferent factors can impact the company at this point. General Electric Co. shares took another dive on Monday, after Gordon Haskett analyst John Inch said the bankruptcy... — read more 

Lust another link on 60+ to be laid off in Wauwatosa: https://www.jsonline.com/story/communities/west/news/wauwatosa/2018/11/27/ge-global-operations-wauwatosa-eliminate-63-jobs/2123603002/

Many employees, particularly those long-tenured, do agree that the company has changed dramatically over the years, for worse. The fundamental issue is that of a complete and total leadership failure. On many levels. There have been some robust... — read more 

The top 10% are over payed causing Taxes payed to the government to be low.If a flat tax was in place tied to revenue income and came before executives bonuses may companies would be stronger.

I think all T rates should quit on the same day. Nothing will get better for us working here we are doing 3 job codes these days. Oh to save the local campus I forgot. It is all for a lost cause! When do the t rates get anything besides getting the... — read more 

Was wondering when the layoff would be or if they are calling back any Time Rate ballsac employees?

It looks like that GE’s massive debt is a problem that exceeds the company and is important to the whole corporate system in America. Read this interesting article that points out the consequences on the Investment Grade market if the massive debt of... — read more 

GM is talking strong steps to ensure the success of the company. Culp needs to grow a pair and follow the lead of Barra. And not just in the US, GE needs to reduce headcount worldwide and do it with "urgency"!!! Quit hiring washed up useless ex-execs... — read more 

https://seekingalpha.com/article/4224367-general-electric-bankruptcy-talk

There was a time I enjoyed working here, but that time is long gone. With all the layoffs in the past several years, I'm now stuck doing the work of at least three people. Of course, there is no proper reward from the company for that work. They keep... — read more 

Many comments hint to the fact that there was a "GE culture", built on meritocracy and operational excellence. But are we sure of that? JW is regarded as a myth, but much of the trouble we are in is a consequence of his decisions. JW surfed the... — read more 

I cannot fathom, how or why should every leadership position should go to these CAS people. Yes, finance is important, but GE is not a financial services company(it once was ofcourse) We need people with operational understanding, people with... — read more 

1) You will suffer an identity crisis for an unknown period. When you’ve spent at least a decade working in a profession, you’ll find it incredibly jolting to no longer be identified as the person who is a marketing expert, an investment... — read more 

How many hourly and how many salaried? And how long of lunches are the salaried taking because there is no work for them to do?

Advent which bought the distributed power business of GE has refused to absorb some of the engineers from GE. A complete team of 42 engineers in Bangalore have lost their jobs....things are really becoming messy for GE employees.

Well it didn’t take long for CEO Larry Culp to make first big blunder; appointing John Rice as a Chairman for Power. You have got to be kidding! Rice was connected at the hip with Immelt and spent millions on a failed global operations group that... — read more 

Finally an opinion from an analyst that isn’t driven by fear. I get that GE is not in s good place right now and I get that people are concerned about the issues of high debt at GE, or reducing GE bond status, but I tend to think that we started to... — read more 

When I started reading this article I had no idea that the author would state something that I’ve been saying all along. GE’s problem is not its size, but it’s diversity. With that said, I think that the leadership strategy of selling off parts of... — read more 

Greenville GE employees in talks with union. Company not honoring seniority for jobs and shift preferences. Greenville has always done things right in the past, now they're changing all the rules. Seniority means nothing now

I am no fan of the GE Capital. However, selling assets and cutting labor sort of miss es the whole problem at GE. The leadership at the top doesn't know what it really takes to create and maintain a competitive culture in manufacturing. All they seem... — read more 

All corporations have been on a grotesque debt binge since 2019, using TRILLIONS to buy back stock and enrich CEO's and shareholders at the expense of the corporation, and now that Ponzi is coming to its inevitable end. GE is the first giant to fall... — read more 

JP Morgan analyst Stephen Tusa has estimated $38.9 billion in annual corporate overhead expenses. Given that the company’s management doesn’t appear to have added much value strategically or financially, it would seem that the inflated corporate... — read more 

GE is too big and diverse and needs cash. Since JW, the goal of leadership has been to turn assets to cash for WS, dividends, buybacks. That got us where we are, along with some bad decisions with the cash. GE decision makers do not want to make... — read more 

https://seekingalpha.com/article/4223571-pbgc-pressures-general-electric-stock-crater

Looks like it’s time to abandon ship before we have no job. I was holding on to the severance package on a plant closing. Now that they restructured the severance packages I am having second thoughts about staying. There is no turn around in 2020... — read more 

For anyone that may be worried about impending layoffs, sleep soundly in the knowledge that GE is already looking for your replacement. Well, as long as your replacement helps to improve their diversity numbers... — read more 

This is an interesting article, where the author states that both culture and appearances matter tremendously and criticizes the CEO for an underwhelming debut on the global stage, while dressing down. The culture predating this CEO has been that of... — read more 

Much like my own opinion, a short analysis of the changes at GE in this article characterizes them as generally positive. The author also points out that that the crucial point in making the company profitable and stable again is selling GE Capital... — read more