Another allegation in the report says that GE should have recorded $9.6 billion of losses from Baker Hughes, an oil-and-gas company it owns, instead of the $2.2 billion it reported.
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specilly that stoneywood
mgrs were poorly educated low performers didnt know what ther doing. thats why the mess
Its obvious they cook the books 6 years ago our office in Aberdeen was 5 times the size , 20 to 30 offshore guys in each department and we could not keep up with work and making about the same profits as what there claiming were making now.
One product line in our office has gone from 28 to now 6. Out of the 6, 3 work offshore and are home on average 60% of the time so we must be losing millions in that department alone but its reported were making hundreds of millions?????
The company will be closed down soon the way its going.
Aberdeen used to have a lot of drilling work now they have none. Why? Because incompetent management that’s why they got fired kicked out the door. Fired with no severance. Buncha clowns.