So many Alstom units already closed, staff dismissed and told to rejoin via Granite. 80% have lost their jobs world wide with this dirty approach.
GE only acquired GE with a promise to the French government to create jobs not destroy them. It's time GE are held for trying to please investers and the ocean clean up for the plastics they developed and made billions from.
They might close Schenchtady but it would cost billions to clean up the asbestos and heavily contaminated land.
All a terrible stab in the back of loyal employees who have worked in terrible places and conditions to now all lose their pensions. It's not saving 2 billion it's to plug the massive hole in their pensions.
Siemens make them look like a second rate company now.
Alstom should with the help of the French government talk their company back, charge GE for establishing themselves back in the market. Forget any merger costs as they were misused by GE.
Such a shame to see the way the company has gone downhill recently but the management have themselves to blame. Warren Buffet dumped his stock everybody else should as well