The supply chain meeting yesterday was just another display of a totally disconnected leadership. Someone asked about talent retention. What talent? They hired way too many folks that just act as distractions and are Kardashian like socialites. I put... — read more
No planned layoff for greenville
General Electric in Greenville South Carolina has hourly production workers that have human resource meetings every month. The past few weeks they have had a meeting every week. On wednesdays. Human Resources has just let them know that there are no... — read more
Perhaps this isnt a bad thing
Maybe if the right people are gotten rid of, the rest of us can get back to making this company great again. Or worse case, if some should get laid off, and the right people are then gone, a re-entry could occur. It is hard enough in a small company... — read more
What's the next benefit to go?
GE has been on a roll lately, I'm just wondering what else can they take away... There is no pension anymore, no vacation time... Medical is as good as gone, considering how high out of pocket and deductibles are... Raises are a joke, if you are... — read more
Big Elections going on at local 301 Schenectady ny
If the same slates wins the plant manager will keep running the place into the ground and blame that slate! If a new slate wins then Plant manager will blame the old slate that it was their fault! The plant manager of 273 wants them out before next... — read more
Greenville
Guess we will find out on the 7th what it is they have planned with the employee meeting. Salary going first on Monday
Robots
As the VP of New Technology I would just like you all to know as of Dec.1st only SEBs and above will continue to be humans all other bands will be replaced with AI. Embrace the future folks!
Renewable Energy CEO & Staff Corporate Greed
Facts The CEO has 2 chauffeurs reporting directly to him Multiple direct reports are working in France on unconscionably costly expatriate packages that cover their a) housing b) taxes c) children education d) furnishings e) trips to and from home... — read more
Fowler Q4 All hands - Digital Technology layoffs coming in Q4
Fowler acknowledged based on an anonymous question during his Q4 all hands this morning that layoffs are coming across DT. Some areas will get hit harder than others... what are others hearing?
anyone heard this?
https://www.bna.com/ge-hit-lawsuit-n73014470168/
Should the GE Board be Held Accountable
The Board of Directors should have fired the poor performing CEO Jeff Immelt . The board continued to support Jeff's failures and allowed his manipulations. The board gave Jeff extraordinary time to take such large ship into ground for more then a... — read more
Shot-term frecasting obsession
Can we move away from this obsession with short-term forecasting? How exactly does GE expect to make any progress if most of the decisions are based on three-months intervals? It's affecting the entire company, from employees to our customers. This... — read more
301
301 business agent and president walking shop floor tonight, pretty sad there's people that have been here 4 years and didn't even know who they were
Fate of GE Pension
Heard rumors of a pension freeze by year-end for non-union employees. Is GE legally obligated to provide notice or can they just freeze it at will? Anyone have info on this?
Over 50
Does anyone have advice for an over 50 U.S. Salaried employee who may be laid off? Not yet 55 but does have 25+ years of service. Any options?
Onshore Wind Layoffs within 3 Weeks
I learned from my HR manager today that we will be laying off hundreds of people in The US and began preparing us for the conversations. Here is the narrative spun: we need to invest in new products and increase margin Here is what all leaders know:... — read more
Tips for POWER & RENEWABLE ENERGY Layoffs
US Only Massive layoffs in the US will take place in the month of November. Here are some key things you can do to make it more difficult to terminate you and extend your time: File a compliance case - if you are aware of a compliance matter or feel... — read more
Advancement based on meritocracy is a thing of the past at GE
The issue with all the Leadership programs and many promotions in general of the younger generation is we’ve gotten away of advancement based on meritocracy. HR has taken us down the road of promotion based on preferential factors that at the end of... — read more
What can investors do about the existing Board?
The existing board is as responsible if not more than I Melt for the stock price, what can be done to get them out?
Layoffs & Beth Comstock - $1,000 haircuts
Word is spreading that the exiting leader had the company paying for frequent expensive haircuts? Has anyone else heard this?
Renewable Energy Layoff information
I heard Layoffs in the US will likely come in the next couple weeks. Optically just before the holidays... They don't want the bad press. Protect yourself by challenging the layoff rationale. They will want you to sign releases to not sue. If you... — read more
Stay Strong 301
If I was not retired and was currently working at GE in Schenectady 273, personally I would be looking to get out before the layoff that is about to come. I have seen it way to many times! Mangment pushing numbers, treating the union workers with... — read more
Rumor has it that
Schenectady NY campus had 26 pallets of moving boxes delivered to the campus. Any truth to that?
$100 Billion of GE shareholder wealth wiped out in the last 10 months + Financial security of thousands of employees
https://www.bloomberg.com/news/articles/2017-10-27/ge-s-awful-week-pushes-this-year-s-stock-wipeout-to-100-billion All of this happening when the US and global economies - even Japan - starting to grow in synch ! Aweful capital allocation decisions... — read more
GE Capital Headquarters to be phased out
Reliable source stated the Capital HQ staff will be eliminated. More damage by GE for those of us who live in Connecticut.
Immelt should be held accountable
Ignoring pension...under-funded by $31B... $45B spent on stock buybacks...stock down 42% over his tenure...worst Fortune 100 performance in Dow history...$13B spent on worst acquisition in company history. What a transformation to be able to walk... — read more
Um uh and energy ??? this from the CEO of GE????
Wow Flannery is off to a great start. He must be getting paid by the number of um and uh. He seems so enthusiastic when he presents it really drives confidence
Any news about GE Nuclear at Wilmington, NC
They have very little business and going to get worse. Management has no clue.
News for GEIQ Mexico?
Any news for the layoffs for GEIQ Mexico?
A slap on Corporate audit’s face
Jamie miller who was not part of fmp or corporate audit staff is the new cfo. Surely a slap on the face of the much vaunted leadership program, ie CAS. Any comments guys?
GE's turning over a leaf ...it will save the company stock price and hundreds employee layoff's ..sure ..sure
When Pigs fly...the new financial transparent for GE under John F. NOT ! https://www.youtube.com/watch?v=RRB-mxrbUiI
GE POWER GREENVILLE LAYOFFS
Get ready GE Greenville. I just got out of a closed-door HR meeting. Across-the-board layoffs 40% hourly and 55% salary. That's 1042 hourly and 784 salary. layoffs will go back 10 years in service.
Can Microsoft save us?
http://www.investors.com/news/ge-ceo-looks-to-microsoft-to-boost-digital-industrial-efforts/
Senior corporate staff needs more trimming
If transportation and part of medical are being sold or considered to be sold; why do we need a board this large ? Also, the senior Corp staff needs to seriously trimmed.
Is GE severance negotiable?
The amount of severance is negotiable. GE typically offers 1 wk per year as a starting point. I have seen it get as high as three weeks per yr of service. of course there is the urban myth of 4 wks per yr, but I haven't seen it. Read this in another... — read more
Pittsburgh
They closed the Power Conversion site in Pittsburgh and laid off 280 workers -- the letter said that we were being laid off because of a plant closing 'as defined by the WARN act.' They never filed a WARN in PA. PA Dept of Labor said it appeared they... — read more
GE Power USA salary ranges
GE mates could you provide a range of salaries + bonus range for lets say ge powet folks in atlanta for SPB band lets say 15-20 yrs exp and E band 25 yrs experience..
GE lied
I worked for GE Capital from 1968 to 2005 (37 years). Laid off in 1999 when my job was sent to India (applied for an opening that came up and stayed). Took early retirement when offered when I was 55. Was promised insurance coverage for life. GE lied... — read more
plot twist Nov 13th is pointless
November 13th after John's meeting and the several layoffs of about 25 percent of the company on will he: A) sweep it under the rug and say nothing to the employees? B) give the employees a vague statement that is worse than saying nothing? C)... — read more