Thread regarding General Electric Co. layoffs

GE Power Structural Problem = Huge Layoffs

GE Power has huge structural problem of bloated costs, duplication, and cash flow out instead of inward.

This is because of bad and inexperienced management decisions last decades getting rid of parts manufacturing, dumbing down the service business, and spreading out facilities all over instead of just Greenville and Schenectady with service locations close to customers.

Without vertical integration of the business like it used to be, they just cant make money and have lousy cash flow instead of capturing value added cash flow inward.

Bad and inexperienced six sigma type management has destroyed GP Power cash flow structure

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| 1941 views | | 2 replies (last December 11, 2017) | Reply
Post ID: @OP+QFFAeIh

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It seems the GE is being evasive and vague about the cuts that will happen starting in Q1 other than saying $3.5 Billion and 12,000 employees.

It seems that they will have to, or should close the many duplicate facilities they now have.

Any word about this

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Post ID: @1oaz+QFFAeIh

We are hearing very disturbing news about how bad things are at Alstom with huge underutilization factory structure and European welfare state business structure. Also hear thay were on verge of bankruptcy when GE bought them.

Anyone have more details about this disturbing news.

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Post ID: @tav+QFFAeIh

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