Thread regarding General Electric Co. layoffs

The Interest Payments

Healthcare is going to get used just like the other businesses. This is not an escape but a transition into debt bondage since $18 Billion of debt or more will get added to Healthcare.

The interest payments on $18B of debt will be mind numbing. Big GE is going to add additional TSA (Transition Service Agreement) costs as well to Healthcare to keep the stay behind parts of GE running along with Global Operations/ Shared Services.

All of this is going to cause the entire focus inside of any unit spun off to become how to manage cash flow to be able to make immediate payments with tough choices being forced between paying for salaries and benefits vs. the interest payments on the debt and payments to big GE for ongoing operations.

The problems of the past will soon become a millstone around the neck of Healthcare.

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| 1971 views | | 2 replies (last July 3, 2018) | Reply
Post ID: @OP+TX6J1dS

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Not just HC. Watch them take cash out of BHGE as well. Some other parts of GE Power have to go as well, taking more debt with them. Incoming cash flow is not enough - Aviation is the only healthy business today. Not enough to bail out business twice it's size.

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Post ID: @1ake+TX6J1dS

@TX6J1dS - I think this is exactly what will happen.

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Post ID: @jdy+TX6J1dS

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