I'm pretty sure major layoffs are only a matter of a day now. If they cut dividend, they will need something to calm shareholders down. An immediate cut in expenses through major layoffs would do the trick, I reckon.
https://www.cnbc.com/2017/10/23/ge-drops-again-as-wall-street-battles-over-what-to-do-with-the-blue-chip.html
Maybe they can claw back some of Immelt and Bolze compensation! Oh dear lord that would be poetic...
http://www.businesswire.com/news/home/20171024006718/en/GE-INVESTOR-ALERT-Law-Offices-Howard-G.
When it rains it pours:
http://www.businesswire.com/news/home/20171024006718/en/GE-INVESTOR-ALERT-Law-Offices-Howard-G.
It's time for GE leadership to cut cost. Start by slashing salaries at baker Hughes as oilfield pay rates have dropped big time since the decline in oil price. experienced people have all left so junior rates should now apply. They have nowhere else to go so they will accept cuts.
it will drop even further
Very funny about clock (tick tock). I wish everybody that works for a living in the US the best in the transformation.
what leadership, management and some hourly do not know what the word leadership means
Tick Tock goes the GE clock.... or is that the sound of 2 clocks?! One following the other in case of mechanical failure of the first clock? Simplification from the very top... big data would have predixted if the company jet was going to have a mechanical failure, so no need for 2 jets if he believed his own genius
Chop chop chop cut cut cut is the answer. Where is the leadership in this mess?