Also, how much has Culpable achieved for his $2 billion cost cut goal? Did he negotiate discount from suppliers?
The union president’s words out of a local article about the spin off/split
“General Electric wants us to believe that the most important thing about its plan to divide itself into three separate companies is what those companies will be called and what their team colors will be,” IUE-CWA President Carl Kennebrew said in a... — read more
2nd quarter results
I hope that the results will be at least a little better than I expected. However, I still think there is not much room for optimism here?
The new company for power
This company is Notorious for closing plants and laying off workers. So long Schenectady jobs and pension.
How will the split impact the pension?
Any idea how the pension is going to maintain its funding after the split? How come I have this bad feeling that all of us GE Power people are going to receive much more than just a name change once GE Vernova goes active? If GE Power is no more... — read more
Will the names get Culp his $240 million payout?
6 months and probably millions of dollars spent and time wasted to get these really creative names. Just hope Larry gets his payout. I'm feel for him
GE and The 3 new spin-offs…
If we have shares now. What are they gonna do, divide them up in 3 diff entities? It starts at the end of 2022. Then by 2024, GE will be 3 diff entities.
Another naming mistake? Ver Nova. Chevy Nova all over again
Ver in Spanish is to see No Va. in Spanish is not go So, let's see it not go. Good luck GE Energy going the way of the Chevy Nova!
6 Months and How Many Millions for those Names???
WTF???? GE Healthcare ... how original? GE Aviation .... anyone could see that one coming. GE Vernova ... are you kidding me? And either of the other two CEOs should have had some guts to stay away from the GE name. $20B brand equity my... — read more
More renewables trouble....
https://www.rechargenews.com/wind/ge-halts-plans-for-uk-wind-turbine-blade-plant-amid-lack-of-volume/2-1-1255459
Q2 earnings
Q2 earnings 7/26 BMO, what are your predictions?
Expect more of this:
https://finance.yahoo.com/news/general-electric-ge-arm-wins-184406047.html No one wants anything made in Schenectady anymore, but they'll send the work there when the plant in Poland scraps it!
More gimmicks by Culpable!
It's what he is good at. Same as the rest at GE. Value creation at its best!
More BS Larry hasn’t delivered on:
https://www.yahoo.com/video/ge-surges-plans-3-billion-092649898.html
Practicing on my vacation for
When the big layoff comes. Restructuring will be here in Schenectady very soon.
After the First and Second Step Levels Don’t Work…
After the drama and manipulation does not work then it moves to the Third Step “Bat Sh-t Crazy” Level. Everybody and everything is all used up.
EHS lead filled
Latest update EHS lead role (hourly) Role will be fill right after shutdown- hearing the position has been given to “JC” . If true , this is a strong sign Union heads are moving in the right direction. A No nonsense guy slides right into this Taylor... — read more
Layoff in Schenectady is in the works
A big round of cuts is in the talks just look around people clean the floor more than they produce.
Not looking good for power
https://www.barrons.com/articles/ge-stock-breakup-larry-culp-51656339371 Power is not even mentioned in this article power is going, going and gone.
The restructuring is among us here
Rumors and prayers for the big layoff in Schenectady. So much drama in this place most of the T Rates want a nice size layoff. Some are afraid of what’s outside GE. Let the pink slips fly.
LC is putting together a strong Aviation team
Bravo!!!! LC-CEO JS-Chief Com Officer RS-Ops Strong new CEO