We all can see and feel it in the building I work at.
So funny that I had to repost here
Just saw this over on the GE Power post and laughed so hard that I had to repost it here. Sounds so true that I nearly made me cry laughing. “ +1 Before I was hired in the Schenectady Bar Shop I was running the fryer at the Erie Blvd. Burger... — read more
What motivated you the most to look for a new job?
I’ve been here a long time and it wasn’t easy to make the decision to start all over again, primarily because of my age and then because I've become very comfortable working here. However, I didn’t want to experience them telling me they didn’t need... — read more
I can't relax here
Every time I think the situation is finally getting stable, the rumors about layoffs start again. How to be not demoralized in such an atmosphere? How to be productive in such uncertain conditions? It is constantly on my mind that no one is safe... — read more
What's left of the old glory?
When I got the job here I was overjoyed. I came in with enthusiasm, ambition, a desire for work and improvement. I was really proud to work in a successful company. It took me a long time to accept that GE is no longer such a company. I can’t say... — read more
Well layoffs are on the way
CEO got short changed on his pay package of only $73 million. I guess he will make it up in bonuses by taking our t rate lower scale jobs out of Schenectady very soon. Look at the place no supplies to make service bars. OT is off the rails who is... — read more
5/12/2021 all hands meeting for 273
It’s not looking good from the sounds of it major cuts among the hourly workforce.
How many are hoping for a layoff in 273 &
The Schenectady Campus?? I am and many I talk to are even the d rates are thinking about leaving.
Culp pay? lower performance goals result of pandemic. Guess no more layoffs? NOT!
The hypocrisy of the 1%ers: During the meeting, the company explained that Culp's contract was extended because GE's transformation would take longer than anticipated due to the coronavirus pandemic. The lowered performance goals in his pay... — read more
GE becoming a company of mediocrity?
Many unskilled laborers thinking they are Edison’s offspring. This is true and it made me laugh. GE is less and less a company for people with experience and expertise. Apart from the fact that I often wonder what's the future of a company whose... — read more
For what it’s worth...
https://ca.movies.yahoo.com/general-electric-shareholders-reject-ceo-151741458.html
Nearly 1B!!!
https://seekingalpha.com/news/3688728 Just imagine if they had actually sold the stock for a profit!!! Its like Jeff never left...
How much has GE disappointed you?
There's no way to handle disappointment except to get out of here. I didn’t get a job here so long ago and I was overjoyed because I thought this was a really good company. However, what I expected and what the company turned out to be is... — read more
5/5/21 layoff announcements for 273 and the 301
Major reduction coming in 3 waves first wave is 5/5/21 for the Schenectady Power Campus. Leaked email confirms labor reduction so LC can free up some cash from the free cash flow issue hindering The company. The reset plan is in the works and will... — read more
You heard it today GE to sell of NALH and Electric Insurance. Plans are in the works
The lucky people at NALH and Electric Insurance will get out from under the task masters at GE
Cut 20,000 and pay CEO & HR $100M
The Board approves paying the Commandant $73M, the head of HR $13.5M, the GC $13.5 M and the CFO $9M all while cutting 20,000 jobs last year and those that are left doing two or more jobs. Congratulations to them on their COMBINED ten years of... — read more
Are you more overwhelmed with work than ever?
I don't know if there will be or will not be layoffs at Schenectady, but I know for sure that if this continues, I will resign. I’m overwhelmed with work so much, I can no longer bear it. The stress is astronomical. I thought it was just a phase, but... — read more
Things are looking great in Schenectady NY
With LC making big positive changes across the GE land. Schenectady has so much work they have to use the flex agreement and move people around. The unions CA agreement has kept us from loosing employment. We have so much work and not enough people... — read more
We are fortunate to have Larry Culp at the helm.
Going on offense
Were there layoffs this week?
There was a mention in a couple of threads of people getting their notices this week, is this true? I was thinking if there were layoffs, we would have all heard about it. Unless we are now doing small, silent rounds with just a few people, which is... — read more
Mentions nothing about helping Schenectady
https://www.bostonglobe.com/2021/04/15/business/union-workers-community-supporters-step-up-efforts-spur-ge-invest-more-lynn/ We are going down in the extricate city!
Don't look for reasons to delay making an EXIT plan
Someone commented on one of the threads below that most people here are questioning where there will be layoffs and how many there will be, just looking for small reasons to delay their exit plans. I absolutely agree: the company's plans are quite... — read more
Too many contradictions and secrets. What Is The Truth?
https://www.iue-cwa.org/images/docs/officer-manual-update/IUEorgchartdec20v2.pdf UPDATED IUE-CWA Organizational Chart showing ex 301 B.A. RM listed as Executive Council At Large and a member of Local 301. If ex B.A. RM is still a member of Local... — read more
CONGRATULATIONS to 301’s ex BA R.M.
https://actionnetwork.org/user_files/user_files/000/057/148/original/2021_First_Calendar_Quarter_Newsletter.pdf Congratulations to 301’s ex Business Agent R.M. Apparently he works for the IUE as a Staff Rep. Wonder why this has been kept a secret?... — read more
How many are loosing their jobs in Upstate NY?
Does anyone have the rough answer on this layoff coming? I want a rough idea on how deep the layoff is going to be? 100 union members? 150 gone in 2 waves? 2 waves of 125 each? I’m hearing all of these numbers.
Flexing again?
Soon the bar shop will be the only thing left in the electric city. Major downsizing coming very fast and soon after bar shop will have 250-300 employees and rest of the building will be empty.
Bucket team working in the bar shop?
What's with the people from the bucket line working in the bar shop? Is this an effort to make more bars or simply to bill more labor?
Reliable Information about Schenectady Campus
Inner office Chatter going around that Power in the states is going to start sending a lot of service work overseas. In addition to the service work there are going to also be less full builds for Schenectady. That is why the salary and non union... — read more
Work load is not what it seems to be.
The Ego’s have passed down from the d rates to the t rates. T rates think they will have a long 20-30 year career in Schenectady. The writing is on the wall no matter what the company gives you for workload numbers. Those T’s have not been around... — read more
Company loyalty
There's a great line from Jack Welch to the effect of "You work for a week, collect your paycheck on Friday, and then you and the company are even." Corporate America has embraced it with a vengeance. I'm too young to remember an America where... — read more
Workload looks good?
The work load for Generator is good this and next year, Steam will continue to be a challenge over all. There is no renewable work thats gonna increase hourly workers. Building 66 SCC operations is where the work load is already pegged for all of 21... — read more
Positive Cases
Did the Health Department close the hall today?
Things are getting better
Say what you want, but things have been improving here lately. I might be biased since an a–hole of a manager I had quit (I have a feeling he was forced out) but even outside of that things have been looking up. We haven't had as many layoffs as... — read more
Local 301 - Consolidation Agreement
A total win for both parties, Union and GE alike. All the time union officers and GE spent together was well worth it. Congrats to RM and others!
$100 Million, you’ve got to be kidding me!
“CEO to receive stock grants worth $100Million according to WSJ”. I thought we learned our lesson from the last greedy ceo. Board should be ashamed, layoffs happening to good people everyday and this type of payday. What long term value has been... — read more
Reverse split??? More games under way
Instead of playing games with a reverse stock split to get the price on par with other comparable industrials they should be concentrating on what it takes to drive market cap to be comparable / exceed other industrials.