Going on all across the nation as of the past year or so. It isn't just GE folks, if you doubt that, take some time and read this site's "Latest Posts" where you'll read many, many stories of stressed out workers at companies in every industry.
1)Fear of losing their job
2)Major politics
3)Cliques
4)Nepotism
5)Wrong people let to
6)Hiding layoffs, stealth layoffs
7)Management lying or covering up cutbacks, layoffs
8)Fear, intimidation, stress used to get people to quit so the company doesn't have to pay severance.
Yes, this stuff is happening at far more companies than you dare to imagine or want to believe. Deny if you want, but there's just too many people talking about it to deny any longer.