Thread regarding General Electric Co. layoffs

Disconnected GE Power Management = Cash Flow And Earnings Disaster

GE Power management is completely disconnected to how the business works from the bottom up and what happens in manufacturing and the service business unlike the management that used to run the business who were true experts that grew up from technical ranks. This is why GE Power is a mess that has been unfolding from years of bad decisions.

Now the organization is burdened with duplication after duplication from Atlanta and Alstom instead of just a few vertically integrated product department and service facilities. Huge ineffective cost structure and don't make parts anymore, just try to mark up what they buy and cash flows outward to others that eat our value added lunch.

GE Power is s structural mess now that needs fixing by making it want it used to be and restoring the technical capabilities of the organization.

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| 2013 views | | 3 replies (last December 11, 2017) | Reply
Post ID: @OP+QFN5JXi

3 replies (most recent on top)

Its sad to see GE falling apart and in a downward spiral for the same reason that ruined Westinghouse.

GE used to be a top notch technology, manufacturing, and turbine service company.

Now all that has been gutted out by bad management instead of having experts at the helm who knew what they were doing. Management is so disconnected to the realities and workings of the business and our customers.

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Post ID: @1jde+QFN5JXi

It is becoming apparent that Stokes doesn't know what he is doing.

Last week he stated that FieldCore was good in that it was aligning the GE franchise with customer needs, but "the integration was not going as smoothly as expected". GE Power fired everyone in the field service business and told them they could come back working for FieldCore temp agency with huge pay and benefit cuts, and no overtime anymore. Around 40% of the workforce immediately walked away, and many are getting jobs with customers and ex-GE service companies. GE service has a lousy reputation because they don't have many experts anymore, just a BS answer center PAC in Atlanta. Customers are disgusted with GE these days

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Post ID: @nbk+QFN5JXi

Stokes is the man apparently. Personally I think it will become apparent he is not.

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Post ID: @leg+QFN5JXi

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