Topics regarding layoffs at General Electric Co.

Topics regarding layoffs at General Electric Co.

Is it Larry Mea Culpa or Larry Culp-able?

Larry we’ve been listening to you during your first few weeks apologize about how complex company GE is and we have to give you time to figure it all out. Meanwhile it seems like you’ve been very culpable in learned very quick how hand out executive... — read more 

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| 1901 views | | 3 replies (last November 4, 2018)
Post ID: @OP+VYSZlID

The Problem with GE

The problem with GE is that they hire college graduates, and put them in positions where they don't stay long enough to make any real change. Take a look at most of your PQEs and Obsoletors in your area. Most are in that position for only 2 years or... — read more 

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| 2893 views | | 16 replies (last November 19, 2018)
Post ID: @OP+VYbej21

Larry Culp - Why not do what Alex Cora Did?

Larry, You say you are a big Red Sox fan and love the way Alex Cora ran this year's championship team and are using him for inspiration for the GE Team. I love that Larry!!! Well then why don't you do what Alex Cora did and lead by example? Take a... — read more 

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| 1840 views | | 4 replies (last November 5, 2018)
Post ID: @OP+VYQAyWJ

More of the Same ?

This is yet again another example of what is wrong with GE and its Corporate Country Club Culture for executives! Go check your pension, is it worth >10X of your yearly salary? This is why the Supplemental Pension Plan (SPP) should be eliminated... — read more 

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| 1751 views | | 3 replies (last November 4, 2018)
Post ID: @OP+VYEFJb3

The new GE in schenectady

This Place is a zoo the union is broken, and the new managers in charge are running it backwards. New job codes screwed the d rates and destroyed this place

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| 1750 views | | 6 replies (last November 4, 2018)
Post ID: @OP+VXN3CDy

GE Power is choking off cash flow for the whole company

GE raised lot of short term cash using it's commercial paper offers. Lower rates than bonds or bank credit. 3-5% difference in weighted average capital costs. With ratings down, commercial paper dries up (no takers at lower rates). Cost of borrowing... — read more 

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| 2001 views | | 4 replies (last November 4, 2018)
Post ID: @OP+VXfUSmT

Isnt this the real problem with these big companies?

Being a shareholder, I am suffering huge time when these big wigs legally rob the company.. How do you rewrite what these CEO's should receive when they are part of the problem, especially when the company is mismanaged by them. Look at IMMELT and... — read more 

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| 2141 views | | 5 replies (last November 4, 2018)
Post ID: @OP+VXXQK69

Aviation business in the chopping block

Our CFO confirmed at the earnings call that some aviation business are in line to be sold: Justin Laurence Bergner - Gabelli Funds LLC Are there other plans on the asset sale side within Industrial? There have been some sort of news reports about... — read more 

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| 2271 views | | 2 replies (last November 4, 2018)
Post ID: @OP+VWCvIqw

What are the chances of surviving PIP?

I got on a bad side of a wrong person who knows the right people and surprise, surprise I got put on PIP despite always having good track record. Now I'm wondering if I should just pack up and leave immediately on my own, or if I should try and fight... — read more 

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| 4691 views | | 8 replies (last November 3, 2018)
Post ID: @OP+VW2JhIG

A lot of changes will be made at GE

Read a lot of articles on the subject of what needs to be done to keep GE afloat, but this one was pretty insightful. I especially liked how it pointed out that the new leadership succeeded in identifying the basic problems of the company very... — read more 

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| 1982 views | | no replies yet
Post ID: @OP+VW0rI05

Any word of Raghu? He has been silent

He was Flannery's pick for HR lead. Talked about culture change. Has done nothing. Anyone heard from him recently as the company is in disarray?

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| 2651 views | | 10 replies (last November 3, 2018)
Post ID: @OP+VWQFmK0

The nightmare scenario has become a reality

It seems that GE can’t catch a break even in these dark times. This article summarizes all adverse events that hit GE recently. The only good thing that I can extract from all of this is that it seems to me that the leadership is a bit closer to... — read more 

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| 5220 views | | 24 replies (last November 3, 2018)
Post ID: @OP+VV54ixf

Aviation Supply Chain Opportunities for Power Employees

This morning's notice from Power's VP of Supply Chain that Aviation is looking for Supply Chain employees and that Power employees should immediately consider applying is clearly an indication of how deep the next rounds of cuts will be going for... — read more 

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| 2911 views | | 5 replies (last November 2, 2018)
Post ID: @OP+VV4PfWi

Trian board seat should go

https://www.scribd.com/document/346261119/TRIAN-WHITE-PAPER-GE-pdf Just like two CEOs were fired, bad board members must go. Accountability has to start from the top. We are here today because Trian forced Immelt to take on more debt. He was stupid... — read more 

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| 2481 views | | 7 replies (last November 2, 2018)
Post ID: @OP+VVHVdP7

The downsizing in Ge Digital

China has been downsized already - no more commercial leader, no more engineers/datascientist. Europe has already been reduced a lot (commercial leader wont last, and what's left is a just a small commercial team) and will reduced further as soon as... — read more 

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| 2423 views | | 3 replies (last October 31, 2018)
Post ID: @OP+VUxjytE

Split up of GE Power - what is next?

From RBC's Deane Dray - $15 price target In new-CEO Larry Culp's debut earnings, GE is taking the as-expected step of paring down its annual dividend from 48c to 4c, which would save roughly $3.9 billion of cash annually. We expect this action to be... — read more 

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| 4701 views | | 24 replies (last November 7, 2018)
Post ID: @OP+VTxSM9t

Stock drop

Ha.Ha.Ha. https://www.cnbc.com/2018/10/30/ge-shares-hit-9-year-low-as-wall-street-says-cut-may-not-be-enough.html

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| 2060 views | | 7 replies (last October 31, 2018)
Post ID: @OP+VTCE3jH

Single Digit Stock Price

"Some men aren't looking for anything logical, like money. They can't be bought, bullied, reasoned, or negotiated with. Some men just want to watch the world burn"

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| 1611 views | | 1 reply (October 31, 2018)
Post ID: @OP+VT4J7Q6

Dividends are a penny and Power is going be split

Massive cuts and layoffs in the works for Power. The layoffs are far from over so keep drinking the Union Koolaid that the layoffs are over. Far from over! I should of volunteered for the layoff but I am sure the next layoff will hit my seniority... — read more 

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| 4172 views | | 18 replies (last November 3, 2018)
Post ID: @OP+VTgY1Bk

General Electric’s algorithm remains the same.

Layoff after Layoff + Reorg after Reorg + Split up Divisions + Sell Assets + Blame everybody else + Fake Accounting + Corporate politics + Dumb buzz words = General Electric Same stuff, different day.

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| 2791 views | | 7 replies (last October 30, 2018)
Post ID: @OP+VT4Bbs7

SEC Expanding Investigation & Now DOJ is Involved.

https://www.cnbc.com/2018/10/30/ge-says-sec-expanding-scope-of-ongoing-accounting-investigation-shares-fall.html SEC investigation is not necessarily surprising however the DOJ's involvement should make you sit up and pay attention.

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| 2300 views | | 5 replies (last October 31, 2018)
Post ID: @OP+VTu9jJx

Meanwhile @Salem Plant

Another great day of training my india replacement. Thank you ge for taking my dignity as you close my plant and hold me hostage with my benefits. How people respect and hold this company in such high regard is beyond my comprehension. Good luck and... — read more 

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| 2331 views | | 6 replies (last November 1, 2018)
Post ID: @OP+VTi1k7L

GE 3Q earnings today

New CEO putting his mark. Layoffs? Dividend cut? New strategy? What’s the verdict?

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| 2101 views | | 3 replies (last October 30, 2018)
Post ID: @OP+VT9xsEf

Dividend Reduction

GE cuts dividend from 12 cents/share to 1cent/share. Stock is up in pre-market.

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| 1711 views | | 1 reply (October 30, 2018)
Post ID: @OP+VT2JbbR

End the misery already in Schenectady

Please Schenectady Management End the misery and lay the Tempary Rates off and next contract hire F for (Falure) Rates to save GE at $12 an hour. See the quality go down the toilet the. I’m at the bottom the seniority list and I know more layoffs are... — read more 

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| 2161 views | | 5 replies (last October 30, 2018)
Post ID: @OP+VSC2HBj

When it rains, it pours...

First fatal crash of 737 MAX-8 with LEAP-1B engines... a brand new one just delivered in August, too: https://www.cnbc.com/2018/10/29/indonesia-says-lion-air-flight-from-jakarta-to-sumatra-crashed.html... — read more 

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| 3411 views | | 13 replies (last October 31, 2018)
Post ID: @OP+VSJr4g0

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