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 

Anyone have a rational explanation for Alstom purchase, and if it has been a net plus or minus? All I can see (with admittedly limited vision) was that we gained a small amount of additive expertise, and and a tiny addition to our customer base... — read more 

if layoffs are coming to schenectady they need to get it over with already, management apparently has nothing better to do other than write people up for petty nonsense

Amazing how stock analysts are still pumping the GE stock and continue to be bullish this week about Q3 results on Oct 20th and the state of GE, even with all these awful layoffs and pending doom. In my mind, they haven’t seen anything yet and the... — read more 

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 

Hearing the same rumor (25%-30%) circulating in Greenville. Some of the 25% will (reportedly) be from closing entire facilities. The rest will be sprinkled throughout the various 'Power' locations, primarily Greenville, Houston, Atlanta and SCHY. Put... — read more 

1300 layoffs by the end of the year world wide.

I'd like to see if someone can give us more info about job cuts in Fairfield.

They do no promote employees going to further their education! They are cutting tuition reimbursement!! I have already started my schooling and am locked in to GE. Now I can’t leave for 4 years or I have to pay it all back. Thanks GE I have to go to... — read more 

Anybody else thinks General Electric will implement major layoffs immediately after results for Q3 are announced? We know that it's going to be really bad, and I see them having a knee-jerk reaction to try and appease the shareholders. We know... — read more 

We all know there are many opportunities to reduce staff levels. The only hope for us that survive is that the reductions are done intelligently. With 1,000's of job postings open, college recruiting still active, all leadership programs still... — read more 

An HR rep announced today in an employ meeting of Jatila's org that there will be a "massive" layoff before the end of the year. The target is 25-30% of US Power employees. There was apparently a proposal made to Flannery which was rejected. It's... — read more 

Letting Trian take seat on the BOD is another example of how the incompetence of Leadership and the BOD has allowed this investor to step and dictate only one thing...cut cost and get my money back that I invested without any concern for keeping GE a... — read more 

Although some people seem exhilarated over the Flannery transparency and the fact he is taking some action at the highest levels of the company by cutting jets and cars along with a few top level executives the ax is about to fall on lower level... — read more 

I work in Selmer Tennessee at GE. We will be ABB employees next year. I hear that they do not lay off as many as GE but also, you cannot hide. I hear that they tend to close a lot of places. We'll see what happens - as always, people are anxious and... — read more 

http://i.imgur.com/bALmQzs.jpg

https://www.fool.com/careers/2017/10/12/a-step-by-step-guide-to-handling-a-layoff.aspx Get ready! Update resumes and cover letters! I already have applied to many jobs lately. This once career based business is just a scam for tax breaks! Copy and... — read more 

The rumor mill is over rated.

Found this article today, thought it was a good read. Most of this we already know, but there is some good advice in here. Considering the situation at GE right now, I figured other folks might want to give it a read as well... — read more 

With everything going on with GE right now, anybody else afraid somebody at the top will have a knee-jerk reaction and try to solve the issue with a sudden round of layoffs? I'm not talking about the ongoing cuts we've been having, but something on a... — read more 

Management running scared and arguing behind closed doors! Rumor is they are going to combine upper management rolls and double and triple work loads on management. Cell leaders and production managers use to get along and hang out with their clicks... — read more 

20 to 30 men in suits walked thru building 273 in schenectady today anyone have any ideas who they were? investors customers higher ups. i guess they were being shown what each piece of equipment in the bad shop does

https://www.cnbc.com/2017/10/11/cramer-on-owning-ge-stock-rarely-have-i-felt-this-stupid.html

We used to be a force to be reckoned with, and now we are a joke. How did we manage to get from the top to bottom so quickly? A lot of people blame Immelt exclusively for the current situation at General Electric , but can it really be that simple? I... — read more 

What effects if dividends are cut will happen To the multiple businesses GE holds? Would it only effect the states? Or overseas? Will the White and blue collar work force be effected? Rumor has it that more white collar workers are getting the shaft... — read more 

Keep an eye on John F. and what life insurance policy the company will pay for him. Jeff had a $22 million dollar policy , premium was ~ $341K back in 2015. One of the highest of all CEO's ...total bull. The beauty was the beneficiary was his family... — read more 

Folks, if GE cuts its dividend (Wall Street is predicting it) look for some serious pull back in stock price. If, the stock price tumbles ...you know what is next. I suggest you dust off your resumes and get the hell out before you all get the pick... — read more 

Layoffs should be about deadweight. The problem with GE layoffs is that it’s about who is the manager’s or technical leaders best buddy. Buddies are protected and classified as essential while other dedicated productive workers get the ax. So, it’s... — read more 

Well, I guess not everybody sees an impending doom in General Electric's future. I am still on the fence about the new CEO, but I can say that this guy makes a few good points. In any case, this is an interesting read... — read more 

This confirms he was fired. https://www.bloomberg.com/news/articles/2017-10-10/ge-to-pay-departing-cfo-up-to-a-year-s-salary-in-severance-deal

So it turns out Super Tuesday wasn't the end of the world but just the beginning of the end. Rumors building of Fatal Friday this week. I see lots of talk about Windsor but closure of Schenectady rumors also circling the wagon. I hope its all fake... — read more 

Take this with a grain of salt, I am hearing it as a rumor from a mid level manager in IT - they typically know 'a bit' but they are often not aware about the bigger picture. Anyhow, the rumor is that another IT reorg may be in the works and may hit... — read more 

My dad worked for GE for 38 years . Worked for the same GE and retired . I currently have 41 years with GE , been able to dodge business sale off and lay offs . I worked for GE Plastics , GE Appliances , GE Lighting , GE Industrial Solution , GE... — read more 

Who the hell is responsible for deciding who to let go??? In general???? Some of our best people are gone in the last round of cuts - some utterly useless folks were retained - who does that??? Does GE mgmt have any brains left at all? Wanting to get... — read more 

Post here if you or people you know were elected to get laid off today.

I think there are about 1000 ex-Alstom in Windsor CT. Have been hearing rumors of an eventual Windsor closure for a few months. Perhaps tomorrow will be the announcement? Amazing, I've seen some GE blunders in my limited 12 years here, but buying a... — read more 

Why don't they just move completely out of the country???? I just don't understand how such an old company no longer cares about it's American roots and the American people.

So a few vice chairman exit (Rice,Comstock,Borenstein) which was certainly overdue but while we celebrate the fact some of the top brass are getting their just dues the money that they are walking away with should tick everyone off. Consider... — read more 

What businesses in Schenectady are going to be affected? There's more than just the factory here.

The problem with GE layoffs is that it’s about who is the manager’s or technical leaders best buddy. Buddies are protected and classified as essential while other dedicated productive workers get the ax. So, it’s best to go to everybody’s private... — read more