There will not be layoffs coming anytime soon. Have faith as I herd from the hall that 90% of the members on the streets will be called back in January. Work is picking up in 2019
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"True" and "Hall", not words you usually see in the same sentence....Stan knows there won't be layoffs because a plant closing doesn't officially qualify. Stock on its way to $5.
I don’t know if it’s true but the hall is saying this. And Stan has stated if you haven’t been laid off it isn’t going to happen any time soon etc the next 5 years and that the company is no longer looking at schenectady as a possible plant closing
Who exactly from the hall told you that and when?
Yeah, you keep drinking the Kool-Aid, everything will be just fine...
Tesla's vision for the Model 3 factories is the path forward to the future. You stick in raw materials at one end and product spits out the other. It'll be as revolutionary as the assembly line, and he's 90% of the way there already. It's the last 10% that's very very expensive, and he might run out of money first, but what is working is unlikely anything the world has ever seen, and is working faster, cheaper, and better than human tolerances. Eventually every other company's going to catch up to that process as well, and there's going to be even less humanity in what is already a highly automated process blowing past what heretofore has been the limitations of human bottlenecks.
The USA graduates less citizens with electrical engineering degrees annually than Mexico, never mind how far behind we are compared to China, South Korea, India, and Japan. That's the sad state of STEM education today. Even inside of our universities, you'll hear just as many people conversing in Hindi and Mandarin than in English at the undergraduate level, and far outnumbered at the graduate level and beyond, and the main reason you hear English is because it's the language they have in common on the subcontinent.
GE is going to have to import a helluva lot more US trained H1-Bs then send their US minded eye for the bottom line to see their cheap labored brethren in the factories back home if GE wants to survive and remain relevant in the 21st century. It's the only way for GE's human labor to compete for what few jobs remain against its peers.
Yea because the hall has been so honest with us up to this point, what a joke.