GE ( JF ) has publically announced that aggressive cost cutting will continue through 2018. What does this mean? Next will be rooftop consolidation which means plant closures. We all know that plant closures bring, you guessed it, more layoffs. Target plants have already been identified. Key people in those plants (considered essential) will be offered relocation packages. Good news for Greenville is that it will be one of the winning plants. Bad news for Greenville is more people will have to lose their job to make room for the relocated “essential” employees.
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Peterborough large motors plant in Canada closing next year
Some of Greenville's layoff victims from last week were booted out to make room for "essential" employees from other plants. New York, France, and Saudi.
Anyone have news on other plants? Either winning or targeted plants?