GE is sending all your work to the Alstom facility. Massive layoffs and e coming to GE Power in the states. GE didn’t purchase Alstom for no reason.
When are the pink slips coming to Greenville and NY?
Does anyone union or non union know when the pink slips are coming? Rumor has it 175-300 for NY and Greenville combined. Any truth to this statement? Does anyone know?
New Plant Manager and staff on conference call about layoffs Thursday till 8pm
HR and new plant manager and staff Held a meetings and conference call Thursday till about 8pm to figure out the layoff plan and to finialize the headcount. It was upon analyzing the job scope for the next 2 plus years that a mass layoff must take... — read more
Local 301 Layoffs
The rumor is May 11th for layoffs in local 301 in Schenectady. The new plant manager, who begins 4/30 needs to review the numbers and then execute it. How many layoffs and in what areas?
Bottom Line-restatement
Taken from the official Document. " The effect on our statement of financial position was principally comprised of changes to our contract assets, inventories, deferred taxes, deferred income and progress collections balances resulting in an $8,317... — read more
GE Erie layoffs
Management keeps claiming GE Erie layoffs will not happen and that media got it wrong. Should we believe them?
I hope he wins
I believe GE is more than capable of this. I hope he wins. A former General Electric Co. worker is suing the company, claiming the company withheld his severance payment when he was laid off from a local locomotive parts repair facility in late 2016... — read more
GE is the best company to work for
I made $230k with some nice bonuses and was at work half the time. GE is the best job ever. They make THEIR GREAT products and treat their employees like GOLD and set them up to succeed in life for the employees families. Great healthcare plan too I... — read more
At GE, the term research is often a misnomer; what we do is fast prototypes.
https://www.livemint.com/Companies/Lh2BIlP0j69L5SzlbRdGuN/GE-puts-technology-at-the-core-of-innovation-CTO-Vic-Abate.html GE puts technology at the core of innovation: CTO Vic Abate General Electric CTO Vic Abate on GE’s tech strategy, Industrial... — read more
Drug tests
Heard GE may squash drug testing. They would save millions. Medical cannabis is sweeping the nation and in legal states iy should be an option to addiction. Thoughts?
GE Explores Hybrid Deals, Spinoffs in Strategic Review
GE Explores Hybrid Deals, Spinoffs in Strategic Review Rather than asset sales, GE weighs merging units with other public companies; an IPO or spinoff for transportation division is near By Thomas Gryta , Dana Mattioli and David Benoit April 12, 2018... — read more
Are you being underpaid? GE comp benchmark
Transparency: http://h1bdata.info/index.php?em=General+Electric+Company&job=&city=&year=All+Years
Greenville is picking up work from NY and France
At The All hands Meeting it was announced that the company is going to keep 400 workers in NY and ship the rest of work to Greenville, and other capable facilities. Was informed that the plastic ware is on its way. Sporks will arrive soon to save... — read more
What was said in Greenville all employee this morning
What was said in Greenville all employee this morning ? Layoffs? Bumping papers given?
Ge is so broke!
The grenville break room cant even afford to give us plastic forks! Sad times !
GE Power $2 Billio0n Cost Problem
This will determine how many employees are laid off.
GE Power Failure - Earnings Way Down Cash Flow Evaporated
GE Power is dragging down the entire company because of decades of bad management Bloated beauracracy increased head count from 32,000 to 65,000 employees where they are now making less than 30% of the steam and gas turbines they made a decade ago... — read more
Upstate NY Layoffs
Things have been quiet. What is the truth? How many are when?
GE Power to Harbin Electric
Any new new set on the postings from a few days ago on this development?
GE Digital 278 Layoffs
General Electric cuts jobs amid long-term San Ramon expansion George Avalos PUBLISHED: April 9, 2018 at 3:27 pm SAN RAMON — General Electric, which has steadily added to its ranks since announcing plans for a big software research center in San... — read more
GE Power is in for a ride
After my layoff from Greenville I realized that GE is going to do some crazy stuff. 1-Purchase the steam Alstom plant 2-started laying off when demand is at the lowest white collar 3-salary harassed blue collar workers across Power division to see... — read more
Major announcement coming for GE Power in June
This June all the naysayers will be silenced when GE Power makes an announcement that will forever change the direction and landscape of the business. In order to dig out of the mess that has been created by years of bad management, drastic actions... — read more
NY GE Power didn’t purchase Alstom for no reason!
By summer of 2019 the Schenectady plant will have 2 shifts working and mostly on first shift. Also the union head count in 273 will be about 500 union workers. They didn’t purchase Alstom to sit around the European Union is stronger than the local... — read more
All hands with all employees after the earnings report?
It seems that they will announce something big in the earnings call. They set up an all hands with all employees after the earnings call and monthly meetings to keep us informed. Any idea what lies ahead?
How safe are older employees at General Electric?
Are older employees safe at General Electric? Asking for my stubborn dad who refuses to face reality and at least update his resume and put out a few feelers. From what I can gather, those with more years and better pay are the first on the list to... — read more
GE market cap Vs. Debt
Right now GE is worth 113 billions dollars, but at the same time GE owes 134 billions in debt. 20 billions must be repaid this year alone. There is no way GE can pay without selling a big chunk of GE Power to the Chinese. Harbin is the most likely... — read more
GE Power Bloated Cost Structure - Expect Huge Layoffs Cash Flow Issues
New Inexperienced Six Sigma Type GE management Really Screwed Up GE brought in all sorts of Six Sigma political hacks, with little or no turbine engineering, manufacturing, or service experience to change things and farm everything out where they... — read more
GE Atlanta Is The Problem
GE Atlanta Is The Problem GE Power used to be an expert Steam Turbine, Gas Turbine, and turbine service industrial engineering and manufacturing powerhouse where the expertise and management resided in the product departments where the experts were... — read more
Q1 Power Systems Earnings - Expected To Drop
GE Power Systems Q1 earnings and cash flow is expected to drop sharply. It is confusing because many numbers have been cited, but GE numbers are almost always overly optimistic, and include bogus LTSA projected book vs actual sales. This is also... — read more
Schenectady security says
500 layoffs coming to Schenectady campus in May. Is your resume ready?
GE FieldCore Turbine Service Melt Down
GE fired all their turbine field engineers and told them they could come back with big pay cuts, and no overtime for working 60 and 72 hour weeks. 30% of field engineers quit outright, many went to competition. Now many are walking off jobs now that... — read more
May Layoffs
How many 301 jobs?
GE Power will be sold to an undisclosed Chinese company in June
GE Power is going to be sold in the next couple of months. flannery believes that unloading GE Power will boost the stock price significantly.
GE Erie going forward with layoffs by end of 2018.
http://www.goerie.com/news/20180407/ge-on-track-to-end-erie-locomotive-production-in-18
May layoffs
Big layoffs in May there will be 350 hourly heads are getting cut at the 301. There is no work globally it is going to be bad. Any more info on this?
Not good for GE Power in Schenectady NY
I work in building 66 I use to work in 273 sources I know in 273 say lots of areas are doing 4th quarter work and sweeping and mopping floors. On top of the harassment from management all because the management staff are living in fear for their... — read more
Heading for single digits
I wonder what happens once we drop below $10 and enter into single digits stock territory? It's far from impossible, some analysts are already predicting that the trade war with China will push us below the line. How long can General Electric survive... — read more
Make GE Great Again????
Flannery put on a hat and therefore supported the tagline to make GE Great Again, thereby potentially offending a vast portion of the workforce who does not in any way support the man who should not be president.
Management staff was told to reduce hours in Greenville and Upstate NY factory’s
Management was told to reduce hours and make the factory employees work less than 40 hours a week. This is a trend they are doing to slow the cash flow problem and no work. The Greenville and Upstate NY will soon be asked to go home without pay... — read more