Found this article to be an interasting insight into all of the factors that could impact the reduction of the worker headcount at GE. We are sure to expect reductions, but this artice can maybe paint a picture of what parts will be impacted the... — read more 

The Union and Company lie and give you the shaft. I hope I am picked in the next layoff. This place is such a joke it is sad that so many want the place to close. I am praying I am laid off and get what I can from this joke of a place before contract... — read more 

Larry has left Danaher 4yrs back. In his tenure in Danaher he made the company big....from $3bn to $50bn. He has admitted he learnt a lot from Jack Welch on buying and selling businesses. So he is kinda Jack Welch for Danaher. GEs problems started... — read more 

Does anyone know what GE's steam turbine offerings going forward will be? I'm assuming there is enough overlap in design space that the product portfolio would also be "simplified".

True or false. Disclaimer: I do not work for GE or Alstom.

During Larry Culp's tenure at Danaher, corporate staff made up less than one-tenth of 1 percent of total headcount. At GE, the percentage has been almost 100 times that! Additionally, his former company maintained a small, humble headquarters in a... — read more 

Amazing..... Corporate more than double its head count. https://seekingalpha.com/article/4213762-ge-employee-headcount A layoff is approaching....

I'm expecting layoffs in one form or another, for whatever reason they come up with, sometime around mid January next year in Schenectady, in my own opinion. I personally don't feel optimistic enough in a positive way to believe it can't happen. I... — read more 

Culp has recognized the need to have experienced leaders for Power and since everyone else has been purged, Vic will be announced new leader of the gas franchise this Friday. No idea what is happening to Russell but word has it he stays in the fold... — read more 

GE signed a deal to supply 26 wind turbines to the Ukrainian energy company DTEK. This is the second contract signed by the companies, following the first one that was signed at the end of 2017. In these tough and uncertain times for GE this comes as... — read more 

Are the union employees in Schenectady and Erie pooling interest in the Powerball to try and use the $1,600,000,000 jackpot to but 2% of GE? Maybe they could take a page from our overlord Nelson Peltz and shut down the French and Europe plants to... — read more 

How embarrassing. Beth goes on cnbc and repeatedly stumbled through her responses. "Amaizing business" "Digiti-digiti-digitisation" and when asked about the strengths of GE repeats the same things JI used to say three years ago... — read more 

The total number of cuts is 50-60% in each factory still operating for GE Power. Flannery said the cuts were done, Culp has more cuts up his sleeves. Happy Holidays from GE Power and your local so called union.

Rumor is Nov 1 is the layoff date so they can get everyone off the books by year end. This sounds plausible, even if I keep hoping it's not true. Any more info on it?

Larry CULP: read this carefully Break GE into pieces. No way around it. Kill GGO, Cretinville, GRC, trash all corporate teams. Completely. Don’t keep any of it. Useless. Huge weight for the company. Then take the remaining pieces. Have engineers make... — read more 

$23B Goodwill must have been backed by some cash flow assumptions. If GE power is taking a writedown fir 23B, they are likely losing $2B-$3B of cash flow. At 15% margins, that is about $10-$15B revenue miss in foreseeable future. This means 40-50... — read more 

I think GE has fallen victim to their own unlogical moves. I don’t see any chance of creating these 1k jobs in France, especially not in such short timeframe. The new leadership is caught up in bigger issues in an effort to keep GE afloat, and I... — read more 

It still puzzles me that these folks, with all the experience they have and the number of good advices they can get...they still do not get it that unless you inspire employees and provide them with a vision, the organization will never follow you... — read more 

So I was curious on the size of this new Iraq deal, so I looked up the Algerian mega deal. Algerian MD = 8 gigawatts New Iraq deal = 11 gigawatts This looks to be a massive deal the country of Iraq is looking to double its electricity production. It... — read more 

The problem is not at the manufacturing facilities. The problem has been created by poor business decisions at the Corporate level. Buying businesses at a premium and then selling at a loss. You can have a perfect manufacturing process and have 100%... — read more 

Anyone watched the all employee yesterday? What do you think? My take: I am unable to recall a single idea, thought, sentence...1 hour of no content many questions (all?) went just unanswered. Some of them were pretty direct (what will you do short... — read more 

So much talk here but very little on actual layoffs. Should I take that as a good thing?

The benefits handbook is vague regarding the cost of pre-65 medical premiums. Have called the Benefits office only to be quoted a rate that is nearly 4 times what I pay now. That's higher than the health exchange. Benefits do not know how it is... — read more 

An excellent article that paints a clear picture of all the challenges that Larry Culp has to face on his path to simplify GE and make it an efficient company again. I know that there is a big debate going on about whether Culp is u to the task, and... — read more 

looks like GE has won the award for IRAQ turbines and you guys will be back to being busy in no time.

Game changer for GE and a reflection of Trumps influence, great news

speaking on gvl behalf it doesnt seem like voluntary resig or layoffs can afford to happen, in 2019 the plant is up 300k hours from this year and new builds are up to 18 from 13. we are already spread then having to bring in cheap contractor work... — read more 

https://www.washingtonpost.com/business/the-expensive-lesson-ge-never-learns/2018/10/12/6fb6aafa-ce30-11e8-a360-85875bac0b1f_story.html?noredirect=on&utm_term=.7c3530b87134

More layoffs in the near future get ready Power.

Culp was suppose to make dramatic changes, instead he pulled a Flannery and issued VRIP's in PS on Friday. Way to go Culp!

Sensed from several recent posts

“Bill Gates became the richest bloke on Earth off the end of the mainframe,” said Neil Eckert, chairman of Aggregated Micro Power Holdings Plc, an energy services company that installs small power plants. “We are seeing the end of the energy... — read more 

How much money was wasted building the LNG facility in Greenville that never liquified natural gas? This is the same GE location that builds Gas turbines that are failing. I am guessing GE invested $70 Million on a facility that never functioned per... — read more 

How much money was wasted building the LNG facility in Greenville that never liquified natural gas? This is the same GE location that builds Gas turbines that are failing. I am guessing GE invested $70 Million on a facility that never functioned per... — read more 

My guess is that Larry is reviewing the numbers to cover himself and also looking for a new CFO

We come to work waiting for the day some big wig to say 273 is shutting down. I do my job and hope the days come soon. As I do my job and watch d rates rat out t rates, brag about the service time they have and bad mouth the t rates. I laugh inside... — read more 

D-RATES playing baby games not wanting to work unless they get early-ins for double time. Thats real competitive. $1500 a week on a 40 hour check. Greedy b--tards. shut 273 down. watch them squirm

is he aware about CAS? as of now no CEO will look or sound serious to me about fixing GE if he doesn't get rid of this,sh--. why we dont have a normal internal auditors instead of having this kids as SPBs and dumb Execs. he should change KPMG and... — read more 

They may list GE power as a separate tracking stock, keeping Aviation and HC in mothership. Or even sell power to BHGE and sell stake in combined company. BHGE is already in energy services and will pay premium for installed base. Shrink power and... — read more 

The crown jewels got swiped. Way to protect your advantage, geniuses... https://www.nbcnews.com/news/crime-courts/chinese-intelligence-officer-charged-stealing-trade-secrets-u-s-company-n918696