Topics regarding layoffs at General Electric Co.

Topics regarding layoffs at General Electric Co.

GE leadership simple does not get it!

https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKCN1HC313 Yeah, KPMG should be tossed. How on earth does the board and GE leadership think they are doing a great job. You are under investigations by SEC. OBTW this is not the first... — read more 

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| 2140 views | | 8 replies (last April 6, 2018)
Post ID: @OP+SyJPheJ

Short time working GE Stafford England

Shop floor workers asked to reduce hours without pay.manager threatens to take away flexible working hours if they don't agree. Hit the lowest paid as usual

GE to restate two years of earnings by April 13

How far will the stock fall now? What does this do for the pension funding? CNBC General Electric said on Wednesday that it planned to provide restated results for 2016 and 2017 to reflect a new accounting standard by April 13. The updated accounting... — read more 

Schenectady Layoffs

So now that the new plant manager is coming on.....how many hourly layoffs and when?

Thought this was interesting

https://www.bloomberg.com/view/articles/2018-04-02/jeff-immelt-isn-t-to-blame-for-ge-s-stock-woes Initially when I worked for both Jack and Jeff in various roles, I thought the same thing Jeff got handed a turd. Sorry, but he had 17 years to... — read more 

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| 2321 views | | 2 replies (last April 3, 2018)
Post ID: @OP+SvD0pZX

OPIndia Article Enlightening.....

Very interesting......Certainly a win/win situation http://www.opindia.com/2018/02/who-are-jeff-immelt-jeff-zucker-and-why-is-prannoy-roy-trying-to-shield-them-from-being-questioned-fraud/... — read more 

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| 1825 views | | no replies yet
Post ID: @OP+Svhberw

Why all the GE Power People are Here

While natural gas and coal continued to lead U.S. electricity generation, both declined in 2017. This marks the first time since 2008 that generation from both of these fossil fuels dropped in the same year. At the same time, renewables – especially... — read more 

Avoid HR People

HR works for the Company, not you - that's the first thing you must understand. Such a pity they are paid just as good as those who actually do real work and are probably one of the last to get laid off. HR at GE is also a disaster, basically another... — read more 

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| 3010 views | | 6 replies (last April 3, 2018)
Post ID: @OP+Ssu9L24

Dear Flannery

You can only cost cut, "value" engineer and offshore for so long. Eventually your competitors will invest in people and technology instead of buybacks and kick your behind.

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| 2310 views | | 3 replies (last April 3, 2018)
Post ID: @OP+SrdjYOE

GE Research layoffthis year?

GE's sharp cut of spending cannot be acheivable with these high-salaried folks working at an org where no revenue is made. I think it is matter of time but dont know when it will be. Any clue?

Stay away from HR!

In case you didn't know this already (like apparently the idiot that I am) do not go to HR with any issues you might have pertaining to your boss. Just don't. They are not there to protect you or help you in any way, no matter what they say. Company... — read more 

No, GE should not be broken up

Right now GE can hide behind opaque accounting and promises of future cash flows. Selling the parts means converting assets to cash. That would remove any doubt as to asset value and eliminate any hope of future cash flows. The worst case scenario is... — read more 

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| 1940 views | | 4 replies (last March 27, 2018)
Post ID: @OP+SoFvPg9

42

What's better?

I was wondering, what's the worst thing that can happen if GE gets broken up in parts? From what I can see, many believe that the whole company is worth significantly more in parts than as a whole, so it seems like that would be a logical next move... — read more 

Man arrested for allegedly setting fire at GE

Looks like they could use a man like him up at Corporate! JF's number one man!! A Batavia man was arrested for allegedly setting a fire inside of General Electric's aviation facility in Evendale. On March 1, smoke filled the halls of one of General... — read more 

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| 2540 views | | 3 replies (last March 28, 2018)
Post ID: @OP+SlzcUl9

Preparing for breakup?

What? Someone forgot a decimal point on the spreadsheet? Could this be planted by someone involved in profiting from the spinoff? GE organization of businesses matched it's competitors like Siemens, Honeywell but often as a reaction. Could they move... — read more 

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| 2680 views | | 6 replies (last March 27, 2018)
Post ID: @OP+SlXrc1p

How GE ended up where it did

This is an older article (from February) so I'm not sure if it was posted here before or not, but it is a must read for those interested in knowing how we ended up at the bottom so easily. How GE Went From American Icon to Astonishing Mess... — read more 

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| 1832 views | | 1 reply (March 24, 2018)
Post ID: @OP+SlCL0pZ

Markets tanking everywhere...

A few weeks ago someone posted that we're in a recession, which is the reason why all these layoffs are happening. Of course, he was laughed into oblivion, probably more out of fear and denial than any solid, logical proof. Now markets are tanking... — read more 

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| 2330 views | | 9 replies (last March 24, 2018)
Post ID: @OP+SkSeyR3

75 GE Legal Counsel To Be Impacted With Outsourcing

UnitedLex, an Overland Park, Kansas-based enterprise legal services company, has expanded its relationship with General Electric in a move that could rattle GE’s outside law firms, its in-house lawyers and its legal technology partners alike. Under a... — read more 

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| 4340 views | | 4 replies (last March 23, 2018)
Post ID: @OP+Skf5Hln

Snookered?

https://www.bloomberg.com/amp/gadfly/articles/2018-03-22/ge-s-nickel-and-diming-included-a-payroll-switch Can I whine just a little?

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| 2360 views | | 7 replies (last March 23, 2018)
Post ID: @OP+SjuvYrO

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