With severance packages, the first offer is always the best offer. Companies don't sweeten the offer. Involuntary layoffs with reduced severance (unemployment and 1 week of severance for every year of service), is likely the next step in reducing... — read more
Executive Track XLP program Ex-Pats while laying off 20 year GE employees
We were just informed that a legacy Alstom employee on the "XLP" fast track Executive program will be an Ex-Pat in the USA (currently in Baden HQ) and we were then asked for 20% more headcount reduction of long Service GE employees. (All XLP living... — read more
Layoffs in Michigan
About 15 engineers and researchers laid off at GE's Advanced Manufacturing and Software Technology Center in MI.
Simplification equals layoffs
Another buzzword GE has been using lately is simplifying structure. Or Simplification. Definelty expect layoffs if you hear that. Then you will hear the "difficult decisions" buzzword. Managers are given detailed talking points that they religiously... — read more
Signs of Layoffs Coming Soon!
The most obvious sign layoffs are coming: Executives hint at layoffs using other terms, like 'restructuring' "downsizing," "reorganizing," "incremental synergies," organizational efficiency," "offshoring," and "streamlining." "headcount reductions"... — read more
Greenville layoffs
Has any one heard word of when Greenville could see the potential layoffs? How many ? Engineering /manufacturing??
Sales are taking a major hit.
The reason everybody works for GE (Engineers and Manufacturing ME's) is to make a product that makes a profit. If you are negatively impacting GE's bottom line by creating costly science projects for R&D Testing then you need to be looking for... — read more
GE Digital Voluntary Layoffs
Any word in how many folks took the severance package and are leaving GE next Wednesday 6/28?
When are we going to start listening to customers?
Another example of GE losing because of GE's culture of arrogance. Siemens listened to the customer and provided incentives to meet both parties needs. GE tried to charge the customer for Test performed in Greenville. As you know, GE's Greenville... — read more
GA is loosing again
Meanwhile, in GE's backyard, near Gaffney... http://www.bizjournals.com/charlotte/news/2017/06/12/duke-energy-siemens-to-combine-on-first-of-its.html Siemens is working with Duke to develop their next gen gas turbine with on grid validation rather... — read more
Many are leaving, teams are deserted
Well done GE Digital! We hope you meet your layoff target.
Massacre in GETS
White collar engineer layoffs begun in GETS yesterday, 20% of staff is targeted globally.
What happened in Pakistan?
I've heard that a GE employee was detained in Pakistan before he could return to the US. This supposedly had something to do with a major gas turbine malfunction.
Just Remember
Keep sipping the Kool-aid. Customers determine our success, Fastworks and Pivot. Reality check. It's all about the dividend and share price.
Retiree Concerns
Retirees are concerned as well: It is not just it's employees that will suffer it is the retirees as well. We already had a letter sent out to us that makes us wonder if our pensions will disappear. Big money seems to be the trend. I wonder how... — read more
The Road Ahead of Us
Trian Partners, will buy more GE shares and seek directorships on the board. Then, in a move not unlike the deaths of DuPont and Dow, there will be a massive cost cutting effort to bring expenses in-line with the shrunken GE business. R&D will be... — read more
Recently Left GE Power Services (at a Digital Hub)
I just left for much better opportunity, after being with GE Power Services (at a Digital Hub) for a year as our group was preparing to transition to Digital at any moment. Worked on PREDIX the whole time and can backup what you guys are saying. The... — read more
Bolze gone
They fed us a full list of BS and when they did not get the high seat they leave. Top executives are psychological specimen He did not get the job so he left. Does that sound normal after all the bs? And fieldcore is coming . Another way to cut cost... — read more
Word of advice
Word of advice to all the Digital people that are new to GE. Your working on a management's wet dream. Jeff's dream of distracting wall street to sell GE as a digital company and hoping to cash in on tech valuation levels like Google and Apple. Sorry... — read more
Changes
Our room is getting transformed by Lean... 6 people left and 4 are getting transferred to EA for 90 days...
Salaried Employees Are the Primary Target for Layoffs
Salary, as always, will be the primary target. Hourly cuts will be unavoidable as cost increases and design failures impact sales. Adding rooftops only compound the reduced work volume in each plant. So yes, read the writing on the wall. Don't be... — read more
I’ve joined three years ago and I am getting increasingly frustrated
My two cents on GE Digital – we’ll see some major changes, not just regular restructuring and reorg pains that we have to endure every year – depending where you are plugged in you may or may not go through a shift that will end up with jobs being... — read more
Power - MAU Employees
I think the goal is to replace all GE employees with MAU (or equivalent) over time. The Greenville Plant Manager has stated "Zero Labor" as being the GOAL with automation and technology being utilized to meet that goal as close as feasible. Maybe... — read more
The Ultimate "Layoff?"
Just saw on CNN that Immelt is "stepping down." I'm sure his golden parachute will make it far, FAR less challenging for him than it was for the thousands of us.
GE Digital's horizontal organization shell game
This is a prime opportunity for GE to "reorganize staffing" and involuntarily layoff employees due to their "role being eliminated." GE can pick and choose to terminate the older and higher salaried employees and justify it by "role elimination." If... — read more
GE Power is in Major Trouble
It has been confirmed that GE Power is suffering from major design and/or quality flaws in their current H and possibly F Class Gas Turbine fleets. The combustion system is failing at multiple customer sites. Customers do not want the risk so they... — read more
GE Lighting for sale
What business will be sold after Lighting? Will it be Power? Healthcare? Management continues to burn the furniture to keep the engine going, but it is already sputtering. What's on YOUR resume?... — read more
GE and Cutting Dividends
Cutting dividends is the kiss of death. The stock will take even more of a beating. Imagine not only paying out variable incentive comp at a time of extreme cash flow problems, but increasing the target payout for next year. What does that tell you... — read more
Dividents in Question - Buy Backs on Hold - Are We Going After Pensions now?
It's a long list of things that are going wrong. Do we think they (GE mgmt) will magically be able to turn things around? I doubt it, it's all about bonuses for them, they just need an extra year or two (each of them) to fill coffers with millions... — read more
Fieldcore updates
Any news on Power Services and it's transition to FieldCore? What would be a reasonable timeline for North America? Is the integration running within schedule?
Layoffs are in GE's business plan
GE Layoffs should not be a surprise to anyone. It is well known that layoffs are a standard business model for GE. Always has been. Always will be. GE has the next few layoffs scheduled while they are in process of chopping current heads.
Watch the FieldCore Model
Keep an eye on the new FieldCore organization. They are laying off full time field employees and requiring them to reapply as contract hires at a low ball pay wages. This is another cost-out and promotes competition that could assign a younger... — read more
Opinion
Major design flaws with GE's new gas turbine fleet is causing major problems for customers. Power customers are angry as they have purchased expensive crap. Wait until GE's investors find out about this. Customers are concerned causing sales to be in... — read more
ge healtcare end may with layoffs in madison... all hush hush.. anywhere else?
are other ge healthcare sites seeing layoffs?
Layoffs in Switzerland?
Are people being laid off in Baden?
Ousourcing of Executive Functions
It's unfortunate that they can't realize the huge savings of outsourcing the board of directors and chairman roles to India in order to realize a cost savings. They could pay an outsourced CEO and board $1000 USD/wk (enough for a pampered life), and... — read more
General Electric signs 1 billion riyal deal to build gas turbines in Saudi Arabia
GE continues to add rooftops by promising other governments to manufacture gas turbines in their countries. Massive overhead is added while gas turbine manufacturing plants in South Carolina and France are not even close to manufacturing capacity... — read more
The layoff rumors have slowed, but...
The layoff rumors have slowed over the past week but morale has never been lower. Employees do not care anymore thanks to the lack of confidence in leadership. Any continued talk about round 2 layoffs? I have been hearing mostly September but a few... — read more
The legacy IT world of GE is still 90% of what keeps GE running from a revenue standpoint
This gets more messy by the day - Bill Ruh needs substantially more runway to grow Predix and associated services, get partner base installed, and mature operations. The legacy IT world of GE is still 90% of what keeps GE running from a revenue... — read more