Topics regarding layoffs at General Electric Co.

Topics regarding layoffs at General Electric Co.

Greenville related info (but applies to all)

When the Seniority Lists get posted, look at all the Pay #s that are higher than your Pay # (do not look at the lists of Fabricators, Xray, TBC sprayer, Waste Treat, Maintenance). Count how many have less seniority than you, then you basically know... — read more 

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| 2473 views | | 4 replies (last February 23, 2018)
Post ID: @OP+RRoOHI8

Severance Pay Delay

No sign of my severance that my signed agreement said would be paid within 3 weeks of my final day of work (Jan 30th). Payroll center says they don't have my release agreement after sending it 3 times, on my termination day of work, and twice... — read more 

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| 2670 views | | 6 replies (last February 23, 2018)
Post ID: @OP+RRFC6SI

Boy more of the same from GE

Now they are creating a new business unit, see below. Talk about more write-downs. This is how GE is going to meet their numbers for 2018. Here is transcript from Qtr 1 , JF " GE power will take significant write-downs in power division" blah, blah... — read more 

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| 2860 views | | 4 replies (last February 22, 2018)
Post ID: @OP+RQ1jyZJ

Ge screws SC and Greenville County

Ge got the state and Greenville county to build the center for manufacturing technology and put a few classes of Cnc operators through then lay them all off! Good way to get the good ole taxpayers again.

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| 2230 views | | 3 replies (last February 21, 2018)
Post ID: @OP+RQUESN6

Internal Control Measures in GE

Early 2017 it is hunky dory, but just a year later, GE has been declared an absolute mess. There exist a group of people to make sure such sudden shocks do not emerge from within the system. Ofcourse I am talking about the much-hyped CAS folks. What... — read more 

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| 2850 views | | 6 replies (last February 22, 2018)
Post ID: @OP+RQN7im0

GE on Barron's Front Page This Weekend

It was all doom and gloom. It was so bad I could not believe it - Barron's so middle of the road (I am a subscriber for 15+ years) and they do not trash companies easily. Anyhow, they've titled it "General Electric’s Dim Prospects" (link below) -... — read more 

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| 3150 views | | 13 replies (last February 23, 2018)
Post ID: @OP+RQ8gK8r

GE Bankrupt Maybe?

GE is into data analysis these days. Check out this site that gave GE 51% probability of going bankrupt in some form or other. Anyway it has some interesting info even you don't believe it will happen... — read more 

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| 6160 views | | 6 replies (last February 7, 2019)
Post ID: @OP+RPePnzI

How is this possible

So I happen to be chatting with a pretty high up GE resource over the weekend. We obviously voiced our disgust with GE and the current leadership. As a former employee that dumped all of my GE stock I did not have too much nice to say about the... — read more 

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| 4150 views | | 10 replies (last February 22, 2018)
Post ID: @OP+RP4Mv5A

Greenville layoff numbers

Plant meeting was today. There will be a 20% reduction in hourly employees. Right now, they are asking for volunteer resignations in return for 12 weeks severance pay. After that, layoff will start to reach the 20% target, which is about 200... — read more 

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| 3460 views | | 9 replies (last February 21, 2018)
Post ID: @OP+RPoXGMz

How many more are getting laid off this year? Are they closing any plants in NY anytime soon? Is GE going bankrupt?

I got laid off after a year and a half of running around for this company. Being harassed by management to do more to save our jobs. How well did that work out? In a way I’m glad I am out of GE in upstate NY I took all my iea benifit in one lump sum... — read more 

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| 2520 views | | 3 replies (last February 21, 2018)
Post ID: @OP+RPfwRZ5

another bunch laid off in Salem, VA

Of course, no announcement. Saw it in the local paper. I believe the number was 42. I think that leaves about 200 hourly heads in Salem. Just a matter of time before the site shuts down. You would think GE would be responsible enough to announce to... — read more 

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| 2230 views | | 3 replies (last February 20, 2018)
Post ID: @OP+ROajmGW

Safest places to work in GE

For those reading this website as part of deciding whether to hire in to, or remain in, GE. are there parts of GE that are still safe to call home? Here is how I see it? What do you think? GE Aviation: Overall healthy, well-managed. Acceptable GE... — read more 

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| 2690 views | | 3 replies (last February 20, 2018)
Post ID: @OP+RODi3M8

GE burning the furniture to heat the house

With the announcement that GE is selling Jenbacher and Waukesha it seems that the only option JF has is to sell non core business. I work for Aviation but at Unison, so I think it is highly likely that my unit will be sold. Any other Unison person... — read more 

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| 2840 views | | 5 replies (last February 19, 2018)
Post ID: @OP+RONB9CO

GE Greenville job eliminations.

GE gas turbine Greenville is eliminating over 200 hourly positions. Mostly in the upper peer Amachinist scale. Get there is a News blackout, nothing anywhere. How did they do it?

Shareholder lawsuit

Shareholder lawsuit says the GE concealed insurance shortfall, SEC probe Feb. 16, 2018 2:24 PM ET|By: Carl Surran, SA News Editor General Electric (GE +1.2%) is sued by a shareholder who accuses the company of concealing mounting insurance... — read more 

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| 2021 views | | 2 replies (last February 17, 2018)
Post ID: @OP+RMG3zRU

The legacy days of this great company are over

Bigger changes in the mix in the near future! I saw 20-30% reduction in blue collar jobs will be eliminated for Greenville. Along with a 20-25% blue collar reduction in New York blue collar work force in the very near future. The stock holder wants... — read more 

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| 2730 views | | 5 replies (last February 19, 2018)
Post ID: @OP+RLKJymT

Greenville layoff incoming

Who has a number to how many hourly positions will be cut tomorrow at our all hands meeting ?

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| 3780 views | | 16 replies (last February 17, 2018)
Post ID: @OP+RLNkJX0

GE Lighting in Europe Middle-East and Africa is Sold!

http://www.crainscleveland.com/article/20180215/news/152106/general-electric-strikes-deal-sell-portion-ge-lighting General Electric has agreed to sell a portion of GE Lighting to a company led by a former GE Lighting executive. GE has agreed to sell... — read more 

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| 1742 views | | no replies yet
Post ID: @OP+RKYqJmd

Rotating GE executives through rolls like army leadership

https://www.google.com/amp/s/www.yahoo.com/amphtml/finance/news/charlie-munger-part-ges-problem-promotes-executives-010000297.html I have agree the current leadership is not making changes all they do is continue cover the audit red flags. Good ole... — read more 

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| 2600 views | | 6 replies (last February 23, 2018)
Post ID: @OP+RKOS0QC

Hot off the press

Strong speculation from reliable sources say by year end Greenville and NY plants in the power entity will be closed. The profit to revenue margins are subpar like the newly created positions on salary side. The only ones taking these positions are... — read more 

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| 4140 views | | 21 replies (last February 16, 2018)
Post ID: @OP+RKaAfzM

Bonuses - Power Services and Fieldcore

Any word on when or if GEPS and FieldCore will pay bonuses this year? I have a horrible feeling the shaft is around the corner as there have been zero announcements so far. I’m assuming salary increases are out of the question.

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| 3560 views | | 12 replies (last February 17, 2018)
Post ID: @OP+RKsiw9l

Beware the bean-counter’s magical illusion

General Electric has an addiction to putting bean counters into leadership positions: Bean-counters can appear to make money when they're often just sowing the seeds of future destruction. Goes on all the time. Companies get fat and sloppy. The new... — read more 

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| 3290 views | | 13 replies (last February 17, 2018)
Post ID: @OP+RJafer6

Salem GE plant laying off 42 people

I'm not sure if this was posted already, if it was I apologize in advance. GE Power in Salem announced a layoff of 42 hourly workers effective March 2, a union official said Tuesday. The 15 percent cut will reduce the hourly workforce to 235... — read more 

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| 2020 views | | 1 reply (February 14, 2018)
Post ID: @OP+RJYxJWS

Transportation divestature started

Transportation support employees in corp, global ops, digital, etc being consolidated back to the vertical. I seen this for a few employees. Has anybody noticed this on a large scale? This is first step in process to sale. Next will be getting GET's... — read more 

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| 2790 views | | 5 replies (last February 23, 2018)
Post ID: @OP+RJ1eLwz

Good bye yellow brick road

42 people layoff announced today. Also a major arbitration lost. Why the f*ck do we even have a Union? They are as useless as hell.

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| 4220 views | | 25 replies (last February 16, 2018)
Post ID: @OP+RI78wnE

Alrighty then when will GE drop the axe on NY plant?

Why does management in Schenectady NY 273 treat the union workers like garbage? Starts with top dog in the plant down? What Is the reasoning and purpose for these ops leaders and cell leaders to treat us like this? Fear? That upper corporate brass... — read more 

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| 3090 views | | 7 replies (last February 14, 2018)
Post ID: @OP+RI137xY

GE stock not lockstep with Dow

So I kept hearing how GE stock was going down last week because the Dow was going down. But today it went the complete opposite direction (down again when the Dow went up). Analysts downgraded it again. How low will it go? Anyone think $7?

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| 3060 views | | 18 replies (last February 21, 2018)
Post ID: @OP+RIhnPjm

Immelt needs to explain

Would love ❤️ for Jeff to explain why he let OUR Pension Fund get so bad? He minipulated the books.. My opinion. I’m prob right! 31B Jeff.. All I can say is what the f--- were U thinking running GE?

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| 2390 views | | 7 replies (last February 13, 2018)
Post ID: @OP+RHIDuXT

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