Everyone I interact with at work is worried about the imminent layoffs that have been announced. It is increasingly difficult to get cooperation from other teams because of the head down, self preservation mentality. And even people on our team are... — read more
Everyone gone!
So I was told the world would end today, and the day previous all of g.e would be laid off. This forum is a joke
Take GE private
Curious if the financial experts would think taking GE private would be a good move? I know there is a ton of shares out there to be bought up. But think of all the savings to be had..the amount of reporting and ridiculous jobs cuts all for share... — read more
More layoffs next week
Layoffs started last week, getting rid of engineering, sourcing, lower level management. All because they have a pension, or make a decent living. They combined white collar jobs and want someone to do 3 Times the work for crap pay. I herd bigger... — read more
GE was a great company
I find it humorous that in the latest blog by Mr. Rice blog he emphasizes how great GE is. He should put that in context... past tense as "was" a great company. How ironic that the Corporate cronies are still trying to protect what they call an... — read more
GE Germany Layoffs
Don't have any info on these rumors, but if Power tries to get out of Germany, that will take a long time. Moves like that go through the EU and German government boards, and both will have issues with it. No saying it is isn't possible, but it will... — read more
Pay close attention - Conglomerate Downsizing
Monitor this move closely. The face of GE as we know it may soon not exist and neither will your job. HTTPS://finance.yahoo.com/news/peltz-apos-trian-may-win--220100251.html
GE Power Gas Turbine Design/Quality Failures
GE continues to use non-answer "talking points" when customers ask about GE's gas turbine combustion failures. Another example of GE's lack of ethics. Customers can see through the BS and should be very wary of General Electric. The internal turmoil... — read more
Big layoff coming in India
A big layoff is going to come in India. Indian Railways is thinking of cancelling it's locomotive contract to GE. This is going to be huge blow to GE Transportation business which is already in tough situation due to slow down of loco business in US... — read more
I would be shocked if GE Healthcare is left alone - commonly known for its incompotent management
After spending many years at GE Healthcare, I would be disappointed if Flannery did not begin by draining the swamp in that back slapping swamp. This will be his first REAL test of unbiased decision making.
wrong direction
anything new on the schenectady plant
VJRP / what is coming next?
Hey Guys, I was eligible for the VJRP and after a week thinking about it I decided to take it and looking behind it seems that it was the right decision. I keep monitoring this site as I still have a lot of friends working there and I hope the GE I... — read more
GE needs to start making the right moves before it's too late
GE has real problems based on the actions of Immelt and the board (I have voted against all of them for the past several years). Digital Industrial is a worthy goal but the business should have shown it could make money at it before announcing to the... — read more
GE stock tough to deal with
So a stock trader says that General Electric is one of the toughest stocks he's ever had to deal with. Cry me a river, buddy. Try working here with the perpetual layoffs hanging over your head to see what's really tough... — read more
GE cuts salaried workers
http://www.timesunion.com/business/article/GE-cuts-salaried-workers-in-Schenectady-12201689.php
Greenville SC Layoffs
Hearing that layoffs are soon from people inside, video with the New CEO implied that layoffs are coming everywhere, especially in Greenville. Does anybody know more about it? Very curious. Thanks guys.
GE Renewables layoffs in Schenectady?
Have there been any confirmed layoffs in building 53 in Schenectady for the Renewables business this week? Any coming soon? Heard through the grapevine that the business is struggling to meet op plan for the year, especially with cash. So maybe end... — read more
GE SUPPORTS CELTICS
How many people did they layoff off to support this? I thought we had no money? https://sports.yahoo.com/celtics-pay-price-transform-themselves-172018303.html
Layoffs in ASEAN
Any news re layoffs in ASEAN yet?
GRC
Not sure if this is accurate but I heard that pretty much all GRC sites will likely be eliminated. I am getting this info from a resource at a manager level, so take it with a grain of salt as it may be off. Also, I am hearing that there will be... — read more
I don't mind that GE is all about the EPS.
They are just not smart enough to not say it out loud. Immelt's got us into a bad situation but we can't do anything about that now. They do need to reduce cost but should start with all the interns and leadership programs. Noble effort but we need... — read more
GE Layoffs white collar in Schenectady Campus
Is blue collar next? The next wave of white collar Layoffs in effect. Lower level management with time and knowledge in the business. Engineering got the ax along with maintenance lower level management. Keeping the management with lower salary and... — read more
A Note to GE Leadership
Get rid of your contractors that do the work. Get rid of solid performing employees in the U.S. or Western Europe - they are too expensive. Save the company money by eliminating all travel. Give up your desk phone. Reduce employee awards and cap them... — read more
GRC Shanghai to fade out end of 2017
Just heard the sad news that the GRC Shanghai will be cut totally end of this year. All scientists will be laid off. It seems the cut is finally coming. What is the situation in other locations at global research?
Completely out of touch and useless leadership
Get rid of your contractors that do the work. Get rid of solid performing employees in the U.S. or Western Europe - they are too expensive. Save the company money by eliminating all travel. Give up your desk phone. Reduce employee awards and cap them... — read more
GE Power less work to do
been forewarned engineering slowing down, running out of work by Christmas HA's selling but design work is closer to the end wish we could continue with older FA's and new FL's maybe we can stretch instrumentation lol coworkers and manager were great... — read more
GE Leadership
GE leadership paid its self 100,000's of shares today. Rewarding failure when will they learn that greed is not good. I wonder who will be the first to sell them off?
ge environment and atomosphere.
it's sad that a once great company such as ge is in such a downward spiral, the environment at the schenectady plant is so gloom that people would rather have a layoff then be here and deal with the nonsense. I've talked to many people here that are... — read more
Greed and ego destroyed GE
GE has always focus on it's internal self image. Constantly patting each other on the back and focusing on self branding. They constantly moved execs , management and regular employees between positions they were not qualified for. These employees... — read more
Another nail
https://www.cnbc.com/2017/09/07/jpmorgan-says-ges-fundamentals-are-worse-than-we-think.html
Thanks Immelt
Well the stage is set for GE to declare bankruptcy. I Melt Your Stock Portfolio. ( inside joke for Immelt). Now has a new name. I Melted Your Company. Hope the new guy has the brains, guts and stamina to correct this train wreck of the once most... — read more
What Locations May Be Impacted?
I see some notes on Greenville - are there any other locations affected?
Announce layoffs, see stock go up
Analysis from SeekingAlpha on the latest rebound of General Electric stock. It's worth a read, in my opinion.
Eliminating non producing overhead
So how do you cut 2 billion in non producing overhead - Right now in my R&D group we are raiding our kids chem sets to get to M0 on a strategic key product that will bring in revineu and cut costs. Oh yes in addition colleagues that need to work... — read more
September layoffs under way in Greenville
Just find out that two colleagues have had their meeting with HR today. The next round of layoffs is happening now.
Flannery's Skillset
Flannery knows how to restructure. That's his core skillset. So, expect an endless wave of organizational tremors, moves and shake ups. That's what he does the best and what he enjoys doing - once all is done there will be a lot of tears and sorrow... — read more
local 301
please tell me there's some people planning on running against the fools we have in office now
A tidal way of RIFs is coming
Corporate Staff to be reduced in a massive purge. Flannery wants to see a meaningful payroll spend reduction with next 12 months - if they really want to cut $2 Billion in spend (as the media reports) this will be so bloody it will resemble Jack... — read more