Topics regarding layoffs at General Electric Co.

Topics regarding layoffs at General Electric Co.

Selling Off Global Operations & Shared Services

Credible rumors this last week that Global Operations is being sold off in pieces with Genpact, PwC, Capgemini, Accenture and others bidding for the various parts. In advance of this, several executives in GGO have been given early retirement... — read more 

Global Ops: pure mismanagement mistake

The idea was from J.R the story on how it happened was shared by himself during a meeting. Basically he got the idea one morning and shared It with J.I. 3 days later he was asked to move to Hong-kong for execution. No research no DD was done. How on... — read more 

New Slate Running Against The Current Union Leader Ship

The Company Presses Us we walk The Company Starts A Paper War We Will Walk The Company Plays Hard Ball We Will Walk! The current leadership has no guts. They are letting the company walk all over us. Vote for the Sleeper Slate

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| 2510 views | | 13 replies (last August 3, 2018)
Post ID: @OP+Unt2nWQ

Good This Company Deserves It!

GE Earnings: Picking Up Speed or Just Rolling Downhill? Analysts parse GE's second-quarter earnings, which sent shares lower at the end of last week, and the industrial giant loses one long-time bull. I hope it keeps going downward!

So Nuclear Power Plants have an unlikely future

Well sounds like Schenectady has an unlikely future with people like first shift bar shop ops leaders running the show. This show isn’t getting an Emmy Award anytime soon. Just pink slips for all.

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| 1280 views | | no replies yet
Post ID: @OP+UmBCY38

Equality at the 301

D Rate has pension, makes $20k more a year base. T Rate couple of the t rates have a pension the rest do not. We make $20k less base and we have to put $60-80 a week in 401k to even come close to 8% for retirement Both pay scales have the Cadillac... — read more 

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| 1990 views | | 9 replies (last August 6, 2018)
Post ID: @OP+UmgXZLC

301 D Rates on the block

I want to propose 301 negotiate with management that layoffs are determined by employee performance and value to GE long term. If the company needs to cut 200 hourly jobs to save cost, cut 120 DRates. You will save 80 jobs for people that will work... — read more 

GE WILL NEVER LEARN FROM IT's MISTAKES

I believe GE's cost cutting initiative is "penny wise pound foolish or dollar". They spent tonnes of money to bring cheap labor from overseas on L1 and once the GC was processed, every one of them kicked GE and left the company for greener pastures... — read more 

WE HAVE BECOME...... COMFORTABLY NUMB..........

General Electric leadership attempts to motivate people via the constant threat of losing their jobs. Instead of providing true leadership, GE leaders try to make GE plants compete with other GE plants for jobs and project funding. Not a good team... — read more 

GE did bring many good things to life

Don't dump on the entire company for the mistakes of the few at the top for not seeing the shifting landscape in power gen. Apparently all the bad leaders are replaced by good leaders. AT&T missed the boat on wireless and internet by staying with... — read more 

What ya say JOHNNY

https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.bloomberg.com/amp/view/articles/2018-07-23/ge-earnings-investors-deserve-more-transparency&ved=0ahUKEwiGse6BsLbcAhVHPN8KHV1YAA8QqUMIRzAC&usg=AOvVaw1gWSlNzAk2zjXxXyYeNqT9&cf=1 — read more 

We're not even close to being done

Layoffs and re-organizations have not really even begun. The layoffs in GGO have not even started to happen in mass as there still is a $500 million cost out/ layoff target there. This. Don't fall for the whole "reorganization is over" propaganda... — read more 

Back to Schenectady tomorrow hopefully my last 2 weeks

Friday the all hands meeting Stan the closer will announce his first of 2 layoffs. The numbers game has pulled your seniority list 230 out the door from the bottom up! So bottoms up the games are just beginning for the next 6-7 financial quarters. No... — read more 

What happens to the Omlp, fmp etc?

Once HC, BHGE are out of GE, what happens to be FMPs, OMLPs etc? All of them will be absorbed in the remaining GE units?? Would that mean more layoffs to the existing people there? HR should clarify things really

NUCLEAR FUTURE

Any one knows what is going on at GE Nuclear division at Wilmington, NC these days? Any thoughts?

WSJ Coverage (July 20th 2018) - Dead Money!

https://www.wsj.com/articles/ge-will-be-dead-money-for-a-while-1532101453 The Wall Street Journal U.S. Edition July 20, 2018 GE Will Be Dead Money for a While Quarterly results left Wall Street disappointed and signs of progress in the power division... — read more 

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| 2210 views | | 1 reply (July 21, 2018)
Post ID: @OP+Uf2SugF

$2.6B in headcount reductions per earnings call

From Earnings report today... Most of these will come from GE Power. 15k - 25k more jobs based on where they are located. They are only done with 4-5k of original 12k announced. If you think cuts so far have been bad, imagine twice or three times as... — read more 

I want out

Can I get laid off while there is still money for severance? The way things have been going, I'm scared that soon we'll start hearing that GE has decided not to offer them anymore. After all, it's not something that is mandated by law (at least I... — read more 

GRC mass exodus

anyone else hearing about some orgs losing people in record numbers?

Schenectady union and company are....

In Negotiations to get a severance package together to try to get anyone who wants to leave on their own out the door. Not true! The company could save millions by just laying off from the bottom up! You hold high standards for this job and union... — read more 

This is getting rediculous

How many people can be laid off in certain locations and still have them function? How many full-time jobs can a single employee do in eight hours of one day? With the latest layoffs and no filling of the positions, it certainly looks like GE is... — read more 

GE CEO to slow to react

Re-structuring is done. The three verticals are in place and the others have been sold off or in process of creating new companies. The internal restructuring is just getting started. That won't be complete to end of 2019 beginning of 2020. When all... — read more 

GE Announces Restructuring is Complete. Really?

Does anyone believe restructuring at GE is complete? Has GE restructuring ever been complete? GE is well known for its endless layoffs and “restructuring”. I cannot count how many reorg after reorg charts I have seen since my tenure at GE. In fact... — read more 

Nothing like playing games

As in the past GE will try to make its commitments. In this case a smaller HQ. Guess what, moving the Research organization to the Aviation business sure fits the bill. Does it reduce overall costs, maybe, maybe not. It sure does reduce the HQ cost... — read more 

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| 2230 views | | 1 reply (July 17, 2018)
Post ID: @OP+UbzeI1H

USA TODAY ARTICLE

https://www.usatoday.com/story/opinion/2018/07/15/ge-ceo-welch-oppose-editorials-debates/36895027/

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| 1452 views | | no replies yet
Post ID: @OP+Ubwsimy

Meanwhile as I wonder if I’m going to have a JOB

I send out resumes and applications, save a prepare for the worse at the Schenectady Campus. I go to work at my tempary job hence the T in T Rate. I here the rumors, I see and work at a depressing JOB day in and day out. I see short cuts on methods... — read more 

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| 1812 views | | 1 reply (July 18, 2018)
Post ID: @OP+UbvIhIg

Comment here if you just love the ridiculous meetings ...

How many of you enjoy those monthly meetings with senior leaders where they inform you absolutely nothing yet feel obligated to hold the meeting and tell you that they are holding them to ensure you know the status of what is going on.

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