Thread regarding General Electric Co. layoffs

GE FieldCore Turbine Service Melt Down

GE fired all their turbine field engineers and told them they could come back with big pay cuts, and no overtime for working 60 and 72 hour weeks.

30% of field engineers quit outright, many went to competition.

Now many are walking off jobs now that outage season is on and other companies are hiring.

GE FieldCore doesn't even have untrained warm bodies to send and is in full meltdown.

Expect this to severely impact Power Service earnings, the same bogus LTSA earnings declarations that the SEC is investigating and responsible for $4.2 Billion restatement lower. This workplace disruption will only make things worse, and cause more Power lay offs to make up for expected earnings drop at Q1 closing soon.

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| 2821 views | | 4 replies (last April 8, 2018) | Reply
Post ID: @OP+SAU841F

4 replies (most recent on top)

https://fieldcore.jobs/usa/jobs/

c'mon, they are only looking for 7'959 people to backfill in the US ...

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Post ID: @gfm+SAU841F

Does it surprise anyone? They are doubling and tripling jobs company wide. Not a career anymore.

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Post ID: @gyr+SAU841F

GE trying desperately to hang on to its pension which has already dropped in value. This latest development is bad news.

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Post ID: @uwh+SAU841F

Wow... GE Taking a Hero and Making it a Zero.

Historically Power Services was one of the most profitable businesses in GE and all of it hinged on high quality experts which appears now to be a rush to the bottom with an “Armies of Idiots” strategy instead of valuing experience and expertise.

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Post ID: @udt+SAU841F

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