https://finance.yahoo.com/news/ges-ceo-preparing-job-cuts-110536583.html
GE's NEW CEO PREPARING AGGRESSIVE JOB CUTS IMMEDIATELY.
NEW YORK (Reuters) - GE's new CEO preparing for aggressive job cuts. “The cutting is going to start and it’s going to be aggressive,” said the source, who had direct knowledge of the discussions. It was not known how many jobs would be eliminated... — read more
Reuters Article
https://www.reuters.com/article/us-ecb-policy-idUSKCN1BB15J
The Real GE vs the Marketed GE
GE is closing or moving all of the GRC foreign sites over to the businesses...that means you, Munich Bangalore and Brazil. AND they are cutting the NSK workforce by about 400 more heads. So when the folks on this site see the BS LinkedIn articles... — read more
Power Services at brink of disaster
Thanks to Mr McElhinney and his CFO Tim Donovan our services business the once crown jewel is becoming a business that is quickly becoming a disaster for GE and more importantly for our customers. The intimidation and bullying tactics to magically... — read more
Today We Learn: GE to Dramatically Shrink Outsourcing
[link] General Electric Co. is dramatically shrinking the number of contractors it hires to help handle its information technology, as the company continues to cut costs in an attempt to boost profits... — read more
GE layoffs 350 in Canada
http://www.cbc.ca/beta/news/canada/toronto/peterborough-general-electric-job-cuts-1.4263520
Toxic Environment at GE Greenville
The work environment at GE Greenville is getting more toxic day by day. You can feel the constant tension in the air. The good news is a natural business correction is about to happen. The bad news is a lot of good people will be impacted by the... — read more
We used to put customer first, not anymore
over 30 years in the business 28 of those years at Aldine Westfield ( HSC ). Most comments I have seen on these posts should tell the tale. HSC is a non union facility although most employees ( hourly ) have a union mentality . GE introduced this... — read more
Incoming layoffs at General Electric
So, I dont have any insider news (any HR people on here?) but layoffs are coming for for salaried and hourly and there will be alot of salaried jobs moved to regional centers and repeatable processes outsourced. The steam turbines and generators that... — read more
layoffs in schenectady
what I really want to know is if they are actually coming and if so when and would it be a temporary thing or permenant
GE Stock Price and Layoffs
I'm writing because most people who read these posts are current or former GE employees who probably own GE stock. There were two important support levels for the stock price. The first one was $27, which was breached in June. The second was $25... — read more
They want employees gone ASAP
Hourly people will be offered Temporary Layoff Packages initially. They will try to reduce the workforce as much as possible through attrition. They want you off the payroll as soon as they can. The longer GE waits to chop your head, the more money... — read more
September layoffs at General Electric
Layoffs are coming not in December but more likely in September. They must get employees off the books by end of the year which usually can take 3 months or more. I do not know about hourly people but I know a pretty well positioned guy in management... — read more
GE Power - Greenville, SC - Layoff Rumors Continue
GE Power Layoff rumors continue throughout the campus of Greenville's Gas Turbine manufacturing plant and engineering. Problems with the latest H Fleet in the field are not helping. Cost cutting measures continue to consume everyone's daily... — read more
GE ROCHESTER NY, Outsourcing manufacturing to China
Another GE move offshore, Tuesday the 8th, GE Rochester NY, announced that all manufacturing and support personnel will be moved to a China board supplier. approx 90 people will all lose their jobs by Q2, 2018. Engineering will stay on. Sad day for a... — read more
GRC Saudi Arabia closing
GRC Saudi Arabia will be closing in August (with 2 months notice to employees) just within 2 years of its BIG BANG opening. This is ridiculous as some of the folks have just joined GE within the past 6-8 months leaving their previous jobs. This is... — read more
ge schenectady
was hearing of possible layoffs in December, roughly 250 hourly employees any truth to that
H class issues.
Are the h"s in the field that were having the combustion failures back up and running yet ?
Layoffs are not determined by who does best work
In our group's last round of layoffs, neither our manager nor his manager had any say in deciding who was cut. (Or so he said at an informal gathering at Quaker Steak.) The level at which these decisions were made had no idea who contributed what to... — read more
There are ways to be proactive
To some extent our GRC futures are up to us. Each of us has some choice as to what we deliver back to the businesses, and we need to choose wisely. If everything we touch creates a return for a business, the businesses will fight to keep us, one... — read more
International sites layoffs
Heard that all international GRC sites might be eliminated. And total population in Niskayuna might be reduced to 500. It seems that General Electric is truly on a roll, but only when it comes to layoffs. Anybody know if this is true? The... — read more
Additional facilities to close
GE Global Research has laid off quite a number of folks, plus others are leaving on their own leaving many areas understaffed. Further some labs have been mothballed and there may be plans to close additional facilities in an effort to meet corporate... — read more
GE EC Software Layoffs
About 1/3 to half of software people were laid off in the EC (now power) ATL office today. I learned it by a random meeting that wasn't added to my calendar until the very last minute. Employees were given a three week notice. A Ukrainian company... — read more
GE Power layoffs
The next round of layoffs is underway. All field engineers are being laid off August 27. GE started a new company called Field Core, and they are making crazy low offers to the current field engineers. All to save their asses. No thank you. I am out... — read more
New Anonymous Mobile App 'Blind' now includes GE
New app called 'Blind' just got a GE community. Its anonymous but will only validate your community with work e-mail. Just opened a few days ago it seems
General Electric's catch-22 situation
All the top management are bean counters, for them, everything is resumed to a spreadsheet. They have no vision or clue about the product, all is resumed to reduce costs and increase profits, if taken to infinite proves impossible as your cost would... — read more
Any updates at global research
Seems like a never ending reorganisation post the recent layoffs in late jan. Did anyone hear anything about the next round of layoffs at the research centre?
Look beyond immediate savings
When GE leadership decided to implement the two tier pay structure they predicted the resentment that would occur between the two groups. However, in their mind, they calculated the conflicts would be insignificant in comparison with their long term... — read more
keeping my eyes and ears open
I apologize up front as I also posted this in the Energy Connections blog but I wanted to cover as much territory as possible. With Mr. Stokes assuming command of the combined GE Power and GE Energy Connections units, what is the possibility (or... — read more
Are WCS GE Canada layoffs temporary?
I saw somebody mention as a reply to a thread that these are only temporary. Similar thing happened at General Electric Peterborough plant a few months ago, when forty folks were issued temporary layoff notices, and were back to work in two weeks to... — read more
Use your PTO days while you can!
if you are still an employee that has vacation (LP band and below) they will pay (they are required by law ) your accrued vacation days out. If you are SP and above you are part of the PTO scam and since you no longer have any accrued vacation you... — read more
GE to FieldCore
GE is moving the Field Service and O&M teams to FieldCore, a company with 250+ years combined experience who only have a dozen people employed so far.... The idea is to move Granite, Legacy Alstom Field Services/O&M and GE into this organization. Has... — read more
60/10 packages
GE Power in Greenville, SC has started offering 60/10 packages today. Of course this is a precursor to what is coming soon. If they don't get the numbers down, then they might go lower to 55/25. Lay offs are coming this year. Be prepared.
GE Invented Modern Mega Size Layoffs
This is from "Fresh Air" program that airs daily on NPR. The host (T. Gross) is interviewing Rick Wartzman, the author of "The 'End Of Loyalty' And The Decline Of Good Jobs In America" - there is a segment on layoffs and GE and Jack Welch are... — read more
Layoffs at working capital solution in GE Canada
Nothing more to add here: Working Capital Solution, GE Canada - job cuts...
Time for action
Previous episodes of economic reform only came about as responses to severe dislocations that challenged the existing order, threatened political stability, and compelled business and political leaders to initiate reforms sufficient to establish a... — read more
Laysoff in Renewable Hydro
Announced today for Renewable Hydro France 345 over 1000 Spain 135 over 147 Switzerland 100 over 240
Solve the leadership issue
Immelt ruined a once great company. Since 2001, GE Leadership has exponentially become more and more disconnected with the ground level as well as their customer base. Hence, they undervalue these who employees who are the core of the biz. Pardon the... — read more