Topics regarding layoffs at General Electric Co.

Topics regarding layoffs at General Electric Co.

Anxiety & Uncertainty

Those of us with low service need answers, and some reassurance from the union & company that we will have some stability moving into ‘22. We need to know if someone will be pushing for more work? Will there be layoffs & if so why are we delaying it... — read more 

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| 2710 views | | 24 replies (last December 6, 2021)
Post ID: @OP+1dW3xVQm

De-Unionize Schenectady NOW!!!

301 should accept their fate and de-unionize Schenectady now. Make an offer to GE to give all the D-rates a severance package, and then let the T-rates work as non-union workers. This is inevitable, so you might as well get something for the... — read more 

I’m V Rippen Out Of 273 and Schenectady

Layoffs are coming for 273 and 66 in a big way. We have no work here in 273 and people sit around and get their hour breaks and lunches. The candy ride is over the T’s will never ever have what the D’s had. They drive into the campus dreaming about... — read more 

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| 1850 views | | 9 replies (last December 9, 2021)
Post ID: @OP+1dThqMWU

Corporate hog

https://www.marketwatch.com/story/ges-ceo-could-make-a-fortune-when-the-company-splits-into-3-11636638951

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| 1390 views | | 1 reply (November 17, 2021)
Post ID: @OP+1dRCFL9B

301 VRIP

Any info on how many people are taking the offer, seems like it didn't get alot of traction.....

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| 1550 views | | 3 replies (last November 18, 2021)
Post ID: @OP+1dRcCqcj

Tickets are on sale for the big apple circus

Just saw the advertisement on the layoffs. A lot of juicy topics going around on here. Looks like Schenectady is a mess and the union can not hold the members in check. The MR gobble gobble is funny. So when is the layoffs? elEveryone on here wants... — read more 

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| 1154 views | | no replies yet
Post ID: @OP+1dR7yc8G

Corruption is rampant,

https://www.google.com/url?sa=t&source=web&rct=j&url=https://philadelphia.cbslocal.com/2021/11/16/john-dougherty-resigns-ibew-local-98-guilty-philadelphia/%3Famp&ved=2ahUKEwiS0Yayr570AhXhrHIEHcvfCaQQ0PADKAB6BAgUEAE&usg=AOvVaw2ccq5Lpn_dGhXGe1sGFnvG

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| 1500 views | | 7 replies (last November 17, 2021)
Post ID: @OP+1dR2sOxl

More turbulence ahead for GE!!!

Sharks are swirling!!! GE will become babysofts. "Private equity buyers plot to carve up General Electric | Financial Times" https://www.ft.com/content/d2c421bd-0ad2-403b-a585-7b4f52a3abf7

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| 1421 views | | no replies yet
Post ID: @OP+1dQsc38X

GE in Schenectady is not going anywhere

Work is still pouring into the plant we are getting tons of OT and double time. They won’t layoff here these are skilled positions in this plant. Why is everyone thinking that the union jobs are leaving Schenectady. Our union fights hard to ensure... — read more 

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| 1511 views | | 2 replies (last November 19, 2021)
Post ID: @OP+1dQ2ND1u

I pity the pain of

Loosing my job again this time not to be called back. Me along with so many T’s came from making $12hr to GE. Time to get that resume spruced up maybe I can make $15-$17 an hR somewhere. Meantime recreational time for me

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| 1162 views | | no replies yet
Post ID: @OP+1dQPEhIv

Saw this on linkedin....

"After 129 years, after being the largest conglomerate on the planet, after being the last standing original Dow Jones index company to drop, after dozens (maybe hundreds) of spin-offs, sales, divestitures. GE will break up the remaining 3 core... — read more 

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| 1630 views | | 1 reply (November 16, 2021)
Post ID: @OP+1dPW22hv

Split Is Great For Power!

Becoming its own separate entity will be great for GE Power. All the amazing, talented, and dedicated white and blue collar employees that are left at this company can really show what they’ve got and make the company shine for the shareholders... — read more 

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| 2000 views | | 5 replies (last November 16, 2021)
Post ID: @OP+1dPxuZ3V

WSJ says Culpable is a hero???

Do you think he is a hero? https://www.wsj.com/articles/larry-culp-rewired-ge-then-he-unwound-it-11636779606

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| 1520 views | | 3 replies (last November 15, 2021)
Post ID: @OP+1dOfyQIe

Empires will fall

Gobble this market has already turned worse for the power sector. It has for a while now look at the demand over the past 6 years. Yes there will be layoffs for the power sector. Especially for the split to posture up for the sale of power. The... — read more 

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| 1850 views | | 8 replies (last November 16, 2021)
Post ID: @OP+1dOVGgDP

Break up / Shake up

Has anyone heard anything from the 301 Knobs at Hall about this announcement, or is it crickets as usual? In uncertain times it’s vital to have strong leadership, extremely important to get info out to the membership. Critical to have leaders front... — read more 

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| 1550 views | | 5 replies (last November 13, 2021)
Post ID: @OP+1dMrDxmw

Larry Culprit earnings obscene

Just heard Larry Culp or should that be (culprit) earnings with pension rights was $73 million last year. Is this the same Company who gives me $0.01 divided per share that would not buy me a McDonalds burger. I knew he was on for a big bonus if he... — read more 

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| 1760 views | | 6 replies (last November 13, 2021)
Post ID: @OP+1dMeNA6T

The last 10 years were GE's swan song

The company turned bad when they started capital and milked all the cash with big salaries and bonuses for execs. They knew capital would eventually fall apart. Cash flow was good so kept investing more and more and let manufacturing slide. They sold... — read more 

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| 1324 views | | 1 reply (November 12, 2021)
Post ID: @OP+1dLjvWyn

GENERAL ELECTRIC - BLOWN APART!!!

I am glad GE is finally broken up. General Electric should be renamed General Aviation, or Almost Can Fly Engines. GE Health will be spun off as Your Health Is Mine, or I Control Your Tumor. GE Power will be spun off of Strazik Power. Finally... — read more 

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| 1820 views | | 4 replies (last November 13, 2021)
Post ID: @OP+1dLkrM1m

General Electric Layoffs 2022

If the market makes a turn soon, do you think there will be General Electric layoffs? Any chatter, news or rumors?

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| 1930 views | | 6 replies (last November 12, 2021)
Post ID: @OP+1dLqrbBR

Look at all the sad faces in 273

Look at the crushed Ego’s of the ones who came back after 1,2,3 layoffs. I bet your ego and pride feels broken and hurt knowing your out the door again. Continue to make the scrap parts you make with your unskilled egotistical selves. T rates really... — read more 

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| 1300 views | | 2 replies (last November 15, 2021)
Post ID: @OP+1dKfdoqV

Case study company

I’ve been working here for a long time and I wish I didn't know how great this company used to be. I would be less frustrated. So every day I wonder how it is possible, how did they manage to turn such a company to what it is today? It’s amazing... — read more 

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| 1570 views | | 6 replies (last November 11, 2021)
Post ID: @OP+1dKLH3fP

How does the split of GE affect Coretech and IT Risk?

Do we know yet how the split of GE will affect Coretech and IT Risk? Both were tucked inside of GE Digital (moved from GE Corporate) a few years ago mainly as a financial move to bury the costs of operating each inside of a business. But now, with GE... — read more 

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| 2300 views | | 4 replies (last November 28, 2021)
Post ID: @OP+1dKnuVa4

Alright I have questions???

Will the debts be divided 1/3 among the 3 companies? GE Research will go to which company? I think GE will use this opportunity to float Healthcare and sell 19.9% and profit from the share price rise.

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| 1420 views | | 1 reply (November 10, 2021)
Post ID: @OP+1dKM0oZx

Stick a fork in it it’s a well done deal! So long Schenectady jobs 273 does not make any money for GE. We fulfill service contracts

A GE spokesman Tuesday told The Daily Gazette that there are no anticipated job cuts in the Capital Region. Some other responses to questions from The Gazette: There’s no plan to remove the towering GENERAL ELECTRIC sign from Building 37, at the... — read more 

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| 1760 views | | 5 replies (last November 10, 2021)
Post ID: @OP+1dKgbW1k

So long GE Power Jobs

So long pension, so long t rate jobs but the good thing for the T’s they are not loosing much they don’t have a pension.

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| 1630 views | | 7 replies (last November 10, 2021)
Post ID: @OP+1dJcTUnr

It's Over

“It’s over now," said Nick Heymann of William Blair, who has followed GE for years. "In a digital economy, there’s no real room for it.” https://abcnews.go.com/US/wireStory/storied-general-electric-split-public-companies-81051832

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| 1750 views | | 7 replies (last November 9, 2021)
Post ID: @OP+1dJ8kaTk

Supply chain headwinds

It is clear that supply chain challenges are negatively impacting the company, but I fear what the situation will look like in the coming year if supply challenges do not ease up a bit? Any toughts?

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| 1151 views | | 1 reply (November 9, 2021)
Post ID: @OP+1dJwil7F

Things are looking up for Schenectady

New work coming to 273 job security for year from this new order. Let’s see if the union gets something back for the membership? Or we will just prolong the layoff.

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| 1310 views | | 5 replies (last November 9, 2021)
Post ID: @OP+1dHBrSKe

Reasons why employees have no motivation to work

I'm mentally and physically exhausted, I'm constantly overworked, I don’t have a good opinion of my superior’s management style, I don’t like the general atmosphere, I watch mediocrities who are full of themselves and of course I will become... — read more 

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| 1660 views | | 9 replies (last November 9, 2021)
Post ID: @OP+1dFxF7nZ

Gobble Gobble

Gobble, gobble: GE Appliances wants you to trust its smart oven to cook the perfect turkey Is the turkey the union members here in good old Schenectady? Is the turkey the 301 membership? Prove me wrong? Lack of work orders everyone is looking for... — read more 

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| 1280 views | | 4 replies (last November 5, 2021)
Post ID: @OP+1dEW9ESS

Trian Partners?

So Nelson Peltz invested 2 billion dollars in GE about 4 years ago, and has a member of his firm (Ed Garden) on the board. In that time, he has lost more than 50% of his initial investment. What role and input has this investment firm brought to the... — read more 

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| 1330 views | | 2 replies (last November 4, 2021)
Post ID: @OP+1dEoT0f6

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