Expecting change at GE ... fuggedaboutit. The morons that are GE leadership announced the retirement of Maria DePietro, whose supposed claim to fame is providing visibility to the company's receivables ... with a huge % well beyond past due, great... — read more 

These guys need to be delisted or do a reverse split in the stock. They are not industry leaders ! Their cooked books are a joke. It only a mear flesh wound ! What is next to sell! Cut a leg off next!

General Electric Co (GE.N) is exploring divesting its transportation and healthcare information technology businesses, as it seeks to reshape its portfolio under new Chief Executive John Flannery, people familiar with the matter said... — read more 

GE needs to wake the F__k up. Friends that recently got laid off wit 20 years + experience are going to work for the competitors of GE power. These are folks that know the GE strengths of their equipment design. They would never pass that... — read more 

Or should I say good by! Rumor has it that 273 Schenectady NY is being looked at very hard. So those with 5 years or less service might want to think about another job! The Career days are over for GE Power for management and union workers. 30% or... — read more 

General Electric close to being booted from Dow. Talk about destroying an over a century long legacy... GE was one of the first components when the Dow debuted in 1897. Back then, the average included just a dozen companies. GE was removed and added... — read more 

Hearing about how afraid the management staff are at 273! Hearing about them harassing workers to do double and triple the work. Life after GE is way better!! Good luck 273 is going to need it. Big layoffs coming 30% or more on the chopping block!

Cut the entire digital non-sense and out source to Amazon or Microsoft. Cut Marketing, Services, Consulting up to 50% in every division. ( They are wasting time in the field and pretending to be busy ) Remove all Executives and Seniors, let them... — read more 

A summery of layoffs at General Electric so far this year, not counting yesterday. Is it just me, or is 1713 way too small a number for what we have been seeing? At least it's getting some press, I guess... — read more 

AFTER THEY CONSOLIDATE MANAGEMENT JOBS ACROSS THE BOARD THEN THEY WILL LAYOFF THE INCOMPETENT MANAGEMENT TEAM

https://labor.ny.gov/app/warn/ GET READY 500+ LAYOFFS COMING TO THE 301 SHIPPING ALL ORDERS TO OTHER PLANTS

FIRST THE SWISS layoffs, layoffs in other GE Power sectors overseas, then next the layoffs in the states. Then create 1000 jobs in France as part of the merger.

Here is the coverage by Neue Zürcher Zeitung (also see this Swiss Layoffs Thread here @PUSkHuk ): According to internal sources, there will be a further reduction of 1,300 jobs at the US industrial group General Electric in the energy sector. It... — read more 

I was initially impressed when Flannery committed to cutting Corporate and Senior Executives. However not a week went by and he announced he was replacing Rice and Comstock. Too make matters worse Stokes follows up with the longest and most generic... — read more 

With all the talk of layoffs, what is GE's layoff package like for salaried employees?

If you have a subscription to Harvard Business Review you can read a fascinating article how to transform a tired old conglomerate into a fast pace digital company. See the link: https://hbr.org/2017/09/inside-ges-transformation#how-i-remade-ge This... — read more 

Anyone in Schenectady or Niskayuna part of a layoff today? It’s the Tuesday after quarter results. Expecting the layoffs to start today.

Here is a link to the article. It's in German. https://www.google.com/amp/s/www.nzz.ch/amp/wirtschaft/general-electric-plant-offenbar-neuen-stellenabbau-in-der-schweiz-ld.1323712

for those that think ge has to file a warn notice with nys they do not if we're represented by union. all they have to do is notify said union

I'm pretty sure major layoffs are only a matter of a day now. If they cut dividend, they will need something to calm shareholders down. An immediate cut in expenses through major layoffs would do the trick, I reckon... — read more 

Greenville,New York, Atlanta, layoffs on your way November 1st!!!!!

Just curious if anyone has direct experience with Stokes from Transportation or Energy Connections? My initial impression from his organizational announcement is mixed. Org changes did nothing to clarify responsibilities and roles and in some ways... — read more 

GE will never learn it's lessons. Everyone of the GE businesses go through normal up and down business cycles. One business is built to last. That is called GE aviation. Why, because military spending is up. I remember a business GE used to own... — read more 

Makes sense to move to a cheap city?

So much for keeping the digital talent in house... https://www-bizjournals-com.cdn.ampproject.org/c/s/www.bizjournals.com/chicago/news/2017/10/18/chicago-startup-poaches-two-top-executives-from-ge.amp.html

With GE talking cost out on Flannery's CNBC chat, does one see the overall employee count come down?

Reliable sources out of GE Power in Schenectady, NY have received word from the corporate brass that major job cuts are coming to Schenectady. This should come as no surprise to the people who work there who have witnessed the work environment... — read more 

Reliable sources out of GE Power in Schenectady, NY have received word from the corporate brass that major job cuts are coming to Schenectady. This should come as no surprise to the people who work there who have witnessed the work environment... — read more 

How is the stock price holding up after such a poor quarter? Do you think there is some big power investor(s) buying up the market today to keep the price up? Another one of the GE games they play?

JF posted a video this morning from Boston on internal email Foreshadowing of earnings report. Looks like Power is the black sheep by far next to Transportation. Digital and Aviation ok.

Buckle up, everybody, this is going to be a bumpy ride. Most of these will be done by the end of this year, so the next few months will be trying, mildly put. I just wonder if they will let us know right away who stays and who goes, or if we will... — read more 

GE did NOT spend all their cash on the merger with Alstom deal! They had at the time in off shore cash over $200 billion. Also GE had at the time Billions in cash in the states. So GE to claim to be broke is a joke! They might have some issues right... — read more 

Source below. It's f---ing depressing. General Electric: The Fun’s Just Getting Started General Electric is scheduled to report earnings on Friday, and JPMorgan's C. Stephen Tusa is reliably bearish ahead of the print. By Ben Levisohn Updated Oct... — read more 

Starting next month at the corporate level. Good start with some of those in Schenectady 273 plant manager on down to cell leaders and so on. Good luck to my former Co workers in the office. Must not forget the union workers past and present who made... — read more 

I was layed off / lost my GE job after busting my can for GE all while the top SOB traveled in a private jet with another empty jet following him? So glad I’m not at GE anymore. The most unethical disrespected company on the planet!

Thoughts?

Apple love... a Mac Book Pro for every employee... GE and Apple announced a deal on Wednesday that will see iPhones and iPads running the Predix software that GE customers use to control everything from elevators to jet engines to oil refineries... — read more 

It was announced internally today that the Surabaya office will be closing at the end of December. I heard it effects ~120 people.