Any news on why he is there so early in his tenure? Interviewing VA? Or telling him the place needs to be shut down?

Jack Welch did little to bring GE into fiscal reality but Jeffrey Immelt ran GE into the ground in about 14 known ways including jetting around with two jets...one for himself and his entourage and the other for their baggage. Immelt also walked away... — read more 

Found the link for this article on GE Power’s board here. A little bit long, but otherwise a good reed. Decent analysis of GE’s current state and the Culp’s possible next steps... — read more 

Of all the brands on the Interbrand list, GE lost the most value, down 26% to $33 billion https://247wallst.com/services/2018/10/07/ge-ibm-brand-values-take-big-hits/ Interbrand has released its Best Global Brands 2018, the 19th installment of the... — read more 

In the video that LC (our new CEO) sent last week he said "So the company is fundamentally secure and our liquidity is ample so I do not want anyone to believe rumors to the contrary". In the call where he was presented as CEO he said "The liquidity... — read more 

HIS LAVISH WAYS HAVE RUINED GE. DO I NEED TO SAY MORE?

Unless Culp already knows or figures it out quickly that the cancer that has been destroying GE is not basically business-based but an advanced toxic culture then he will fail as the others have. More than a decade of promoting mostly unqualified... — read more 

Looks like a wrap boys. Watch this and see what striking when there’s no work does for you all you hope to be union officials.

Culp with the command from his stroke of his pen the end. He will then close this factory and turn it into a piece of history. I am glad to be a part of history as he closes many factories for the board. He will take a tour of the factory and realize... — read more 

About forty employees have started this Monday morning, October 1, the entry of the factory of the American GE in Belfort. In particular, they demand hiring. By Sophie Courageot Posted on 01/10/2018 at 08:26 The blocking of the site began around 4am... — read more 

https://www.afp.com/en/news/205/chernobyl-begins-new-life-solar-power-park-doc-19s71n3

New guy Culp gets tens of millions and is unproven. For the rest of us the 'Minimum Wage' is catching up from behind.

This make me sick! https://www1.salary.com/GENERAL-ELECTRIC-CO-Executive-Salaries.html

Any GE recovery will not start until employee morale is restored and the hardworking employees are respected. When will leadership and HR figure this out? Retirement 401K destroyed with GE stock freefall. No raises or minimal compensation over the... — read more 

As you are about to get your pensions and benefits screwed with and many people sent out the door, the fat cats continue to take care of their own. I guess they have to come up with their millions somewhere.... “ The package also includes a base... — read more 

I guess it wouldn't be pretty for them...Any news?

Blame Game / October 4 2019 [[Blame Game - Source Below...]]] THE weight of the past can be heavy indeed. That is a lesson that John Flannery, who only 14 months ago took over as chairman and chief executive of General Electric (GE), an 125-year-old... — read more 

Ah, sorry but all the newly appointed John leadership needs to be shown the door now. Also, KPMG needs to be shown the door. We all are tired of the quarter after quarter of non-predicted write-offs from Power and elsewhere. Culp has some more big... — read more 

Flannery could have kept his job (and may be Stokes and others too) if they listened to this guy who warned about it back in January 2018. The problems with GE can be explained by the sheer lack of accountability if you know the right people, both at... — read more 

GE's issue and the reason it is in this mess is the fact that it's leaders and employees are caught up playing the empire game. The bigger budget and team you have in the company the bigger your status. No real focus is given to solving the problems... — read more 

Then I can sleep at home even better than I do for 7 hours a shift on the night shift

Way too few. They all should have been shown the door by now and none of them should have received a penny including pension

https://www.bloomberg.com/news/articles/2018-10-01/ge-s-john-flannery-may-get-nothing-after-14-month-tenure-as-ceo

He says he’s not changing the plan set by JF...just going to be more aggressive in implementation. I suppose that means we will just fail faster. His 1st message as CEO is less than inspiring.

Emerson Electric to buy GE's intelligent platforms division Emerson Electric agreed to buy General Electric intelligent platforms business. Emerson said the GE business will help it expand in several industries including, metals and mining, packaging... — read more 

We better get our Leadership figured out as this circus all plays nice to shareholders but what about the employees and customers. Maybe if we started putting them first we might see a drastic change. Customers are quickly looking at competitors for... — read more 

Stokes’ email today stated that there will be more reductions in “structural cost” within Power, and that they will be implemented with urgency. We all know this means more heads will roll (and soon). Just hoping the packages aren’t further reduced... — read more 

The restructuring was done! New CEO has different plans. Good bye GE Power it will surly break apart. No good negotiations will come next union contract just higher healthcare and lucky to have a JOB.

What does this 23 billion non cash charge for power mean ? GE will sell it's power business ?

When market changes, businesses have to reinvent themselves. World needs electricity more than ever. That need is not going away anytime in our lifetime. Business model will have to change, for sure as power costs drop and usage goes up (think of all... — read more 

House Cleaning, remove all EB's and SP's that's the beginning of a culture change.

What's Flannery's Golden Parachute? If I remember correctly, this is publicly disclosed, was wandering if someone here has more info about this.

Can ge still back out of selling transportation division.?It is on the upswing as far as orders and it is profitable.

GE's days of making new, innovative machinery and systems is over. The company is infested with rot - management level employees that have found a profitable career in acquiring, sc-apping, and selling what was left behind for them. Including their... — read more 

"We will be working very hard in the coming weeks to drive superior execution, and we will move with urgency,” Mr. Culp said in a news release." We all know what this means...Good Luck.

https://www.bloombergquint.com/business/ge-s-500-000-000-000-market-wipeout-is-like-erasing-facebook

Many of us understand that none of the decisions that have led us to this dismal point in GE's existence were the result of hourly employee input. All we can do is reconcile the fact that our jobs are in limbo along with our pensions. We shrug our... — read more 

General Electric abruptly removed John Flannery as CEO on Monday and installed Lawrence Culp as his successor and chairman. GE also said it will take a $23 billion non-cash charge for its power business, adding that it "will fall short of previously... — read more