Anyone know how many Boston employees were impacted today and in what functions?

Manufacturing has been notified, but any word yet on the various engineering groups located primarily in Greenville...all those teams under Lammas (Leary, Schaeffer, etc)? Morale here is in the toilet. Every single engineer that I know personally in... — read more 

People could claim discrimination because they are not laying all salary employees off, just 30%. At the end of the day this is the risk free way of them hand selecting who they want to keep. The good 'o' buddy system. If it were TRULY fair and... — read more 

The Greenville Plant Manager said in March 2017 that there would be no more layoffs this year. He obviously lied as we are going through even bigger layoffs now. Also, he said this week that hourly will be safe from layoffs. That's an obvious lie... — read more 

Does any body actually know what is happening at the Nuclear division at Wilmington, NC. ? They do not have any business other than selling fuel to few older plants. The guy running the place used to work at a water project in Algeria and has no... — read more 

I don’t care who is running GE Power as long as they don’t play grab a$$ and tell the Power Business it’s future. This unknown and uncertainty is very unprofessional and unpleasant to say the least. How are good employees suppose to do their jobs... — read more 

http://www.chinadaily.com.cn/business/2017-11/09/content_34318555.htm

I hope by laying me off that my measly little salary helps right the GE ship. GE and Predix can kiss my a--!

Don’t think that GE is going to stop cutting you guys! flannery is ruthless, he’s got thugs and hundred rounds too

https://dailygazette.com/article/2017/11/08/ex-union-leader-sues-ge-over-401-k-management

So Power gets a new Leader who couldn’t even run Energy Connections successfully (just look at the EC VIC) and now is at the helm of one of the largest business units of GE. With that came a restructuring at the top that no one could make sense of... — read more 

Exelon Gives up 4 of 5 Plants to Lenders in Chapter 11 Filing https://www.rtoinsider.com/exelon-texas-natural-gas-bankruptcy-79513/ "...four plants are the 738-MW Wolf Hollow combined cycle facility in Granbury; the 510-MW Colorado Bend combined... — read more 

The reason GE Greenville Manufacturing is forcing all salaried employees to reapply and interview for their jobs is: 1) GE can demote professional bands. 2) GE can reduce salaries 3) GE can get rid of those they don’t like. 4) GE can cut into the... — read more 

DISCLOSURE APPENDIX AT THE BACK OF THIS REPORT CONTAINS IMPORTANT DISCLOSURES, ANALYST CERTIFICATIONS, LEGAL ENTITY DISCLOSURE AND THE STATUS OF NON-US ANALYSTS. US Disclosure: Credit Suisse does and seeks to do business with companies covered in its... — read more 

GE is replacing the experienced and well compensated Sr. Technical people that are being layed off with new grads. The job posting is on indeed.com. And I thought the company couldn’t sink any lower...

Just watched your video. You alluded to freezing GE's pension plan and that's justifiable because other companies have made similar decisions. We are supposed to be better than other companies. Apparently you think it's acceptable for GE not to keep... — read more 

GE is currently trading at $20/share. With a PE of 25. Our closes competitor Siemens is at $71/share and PE of 17. GE (Earnings Per Share) EPS = (20/25)=$0.80 Siemens EPS = (71/17) = $4.17 In other words, to investors I’m better off buying a stock... — read more 

https://www.bloomberg.com/news/articles/2017-11-07/siemens-is-said-to-ready-job-cuts-amid-slump-in-power-orders

The Investor Update schedule for November 13 says that CEO Flannery, CFO Miller, Aviation CEO Joyce and Power CEO Stokes will present an update. Possible hints at upcoming changes in those businesses in addition to media coverage regarding them?

Hello, as everyone knows IBM has a long history of re-balancing and right sizing accompanied by no raises and destruction of good will and employee well being. In the 90's we were in what to me feels like a similar situation to that of GE today. They... — read more 

Just confirmed some groups such as sourcing are going to take a 40-50% hit based upon 2018, 2019 volume. Folks are going to have to repost for positions. I do not know what manufacturing and engineering will have to cut. People will ask where is this... — read more 

https://www.bloomberg.com/gadfly/articles/2017-11-07/ge-s-plight-starts-a-blame-game

Dont rejoice yet guys. Just earlier this year in March when the company laid off over 300 salary workers the plant manager assured there wouldn't be anymore cuts yet, here we are again with salaried cuts. The Power industry is not solid enough to be... — read more 

No layoffs for hourly employees in Greenville

Announced today that the one remaining Chattanooga facility (Alstom) will close, and some employees are being told to work at home. Also, I heard all manufacturing engineers in Greenville were told to re-apply to 70% the number of job postings, all... — read more 

After the long awaited meeting this morning, we were officially notified that 50% of all employees on the Schenectady campus would be let go by end of 2017 and notified immediately. Also a few weeks back there was a group of people on campus in... — read more 

This is a fact. Salary had their meeting this morning and 30% Of lower management will be let go. Everyone will have to reapply and not guarantee that they will go back to their original positions even if they are retained.

Ge set to have a morning meeting with salary employees to address a 50% employee reduction, Other meeting scheduled for Tuesday for hourly production layoff of 800 employees.

Rumor has it that Flannery will offer a buy out package to every employee in the U.S. The package will be a lump sum to sever ties with the company completely. Any truth or thoughts to that? How many would take it?

You are the employee of a mega-corporation who is unable to reinvent itself. The leadership shifts, pivots and changes direction every 6 months, this is certainly true on the Oil & Gas side. How can we believe what GE says when they're shifted... — read more 

On November 7th, there is supposed to be a meeting within the entire GE department in Greenville. Layoffs may or may not be mentioned, thoughts??? Work is slow here and it’s looking like entire departments may be shut down. That AMW plant was a... — read more 

Anyone know the context to the rumor that keeps popping up regarding GE and HP? Was a question in the DT all hands that didn't get addressed

Update on layoff/RIF affecting software business units in Melbourne, FL, Redmond, WA, and Denver, CO: June 2017: 30 software people left on early retirement plan August: 60 people laid off ("wave 1") October: 30 people laid off ("wave 2") Affected... — read more 

I was a GE spain based employee and spanish national that was transferred to US a few years ago with GE. I am now on the US payroll. The severance payout in Spain is up to two years. if I get laid off in the US do I have any chance to claim i should... — read more 

We've made it through another week at the General without being let go. Maybe layoffs are coming next week?

JF will present his vision for the future of General Electric to investors in ten days. Honestly not sure what to expect with the way things are going. More GE spin-offs? More layoffs? Pretty sure both of those will be on the menu. What do you think... — read more 

Any news about the Oklahoma City Global Research building? My dad works there and I am very worried he will lose his job, hence why I panic found this forum.

GE has been downsizing for a good number of years. Getting rid of the Appliance, Div., Plastics Div., GE capital, salary retirees first, and the hourly retirees second, these were people who had been retired for short tough and ahead of everyone... — read more 

Posts OK, I am obviously visually challenged but here it goes anyway... There is an "ACTIVE" button right above the first thread - you can use it to see what posts had recent replies. That's all from me - I've been sporadically visiting this site... — read more 

Layoffs likely to occur Nov 30. This way they give you 4 weeks' notice and you are off the books as of Dec 31. I've heard something similar from a few folks at the office. However, it looks to be more of a widely accepted guess than something based... — read more