Some say layoffs are underway and others assure me there are still no layoffs. I haven’t been here long and I’m wondering if this company has always been this non-transparent when it comes to layoffs? Is this their usual style of management or... — read more
Layoffs????
So what happened to all the layoffs that were supposed to happen??
Local 301 DOL Audit
Anyone have word on the latest update?
If there is a layoff or isn’t chew on this
I took the layoff and loving life. I am making way more money than I did at GE with a lot less drama. Yes the GE culture is way different in the real world. But the real corporate world is just as greedy as GE they want everything for nothing... — read more
GE Healthcare selling Waukesha campus
https://www.jsonline.com/story/communities/lake-country/news/pewaukee/2021/02/24/ge-healthcares-waukesha-corporate-campus-listed-sale/6804328002/
March 1 Is Coming
March 1 is just a few days away. For all of you who posted that this is the day when pink slips will be delivered, it is now time to see who is accurate and telling the truth. Or do you just like to fabricate false information with no... — read more
GE/Toshiba JV
Toshiba Corp. is in talks with General Electric Co. of the United States to jointly produce equipment used in offshore wind power generation, sources with knowledge of the matter said Monday. Offshore wind power is seen by Toshiba as a promising... — read more
Immelt's Reflections Today
https://www.cnbc.com/video/2021/02/22/jeff-immelt-on-his-time-as-ceo-of-general-electric.html
CAS Nightmare is not over
I am ready to QUIT. Can't work for a cashole anymore. They send emails over weekend to get a report Monday AM. Were they f—ng sleeping all week or are just psycopaths. They have been trained to be sadistic in the CAS program. My advice to anyone... — read more
Hubris, narcissism and tone death!
Amazing a guy who presided over a company that cooked the books could have the gull to write a book! Picture standing on the steps in front of a multi-million home when many blue collared pensioners lost their retirement savings. Maybe he could... — read more
What a joke, I won't be buying Jeff's new book. I lived this nightmare!
https://www.wsj.com/articles/jeff-immelt-on-the-humbling-of-ge-11613743324?st=qagfrt2ihqpem2o&reflink=desktopwebshare_permalink
Immelt The Failure looking for other to blame.
https://uk.advfn.com/stock-market/NYSE/GE/share-news/Jeff-Immelt-on-the-Humbling-of-GE/84386330?xref=newsalert No mention of the failed Internet of Things. No mention of Mortgage mess. No mention of his part in Alstom failure which he oversold... — read more
Scott is cleaning up Gas Power
See LC’s comments from Barclays event.
Negative cash flow
I don’t remember the last time when GE had a positive cash flow... Q1 doesn’t bring good news: https://www.nasdaq.com/articles/general-electric-expects-negative-cash-flow-in-q1-2021-ceo-2021-02-16 I just wonder what will be the result of... — read more
Low morale in 273=Layoffs Soon!
Tell you the truth I can not wait for my layoff slip. 273 has gone down over the years. This is the worst I have seen it here. Morale is at an all time low and no one cares. Even the shop stewards cant preach one ounce of hope anymore to the... — read more
How many are eagerly waiting for their Pink Slips
https://www.marketwatch.com/story/ge-has-nearly-halved-its-u-s-workforce-in-3-years-with-more-job-cuts-likely-11613160793 So much for the onion giving back again, from wages and pensions throughout the years to the CA agreement/ jobs. It did... — read more
More shrinkage in the works the way for power.
GE annual report shows struggles and successes, quantifies shrinkage. Get ready 2021 the year of massive layoffs by many large corporations. GE will be using the Covid line for layoffs to cover up the mid managed company. I can see power taking a... — read more
latest 10-k filing
https://www.marketwatch.com/story/ge-has-nearly-halved-its-u-s-workforce-in-3-years-with-more-job-cuts-likely-11613160793 GE has reduced its total workforce by 139,000, or 44.4%, over the last three years
Anyone Know anything about all these GE SEC filings in the last days?
POSASR, POS AM, 424B5 related to raising Stock Shares on the order of 20MM to 20B?
Layoffs if you don’t take V
Be ready for mandatory vac cines as soon as Kevin’s C—tail can do it. Don’t forget it’s experimental. GE wants you to be a lab rat with the global ist agenda.
GE should spinoff Power.
This thing is going downhill. Anyone who believes there is a "comeback" is delusional. This business can be profitable, but not at the levels GE needs it to be. The future is innovating in Aviation, Healthcare, and Renewables. I am not trying to... — read more
Where is the ACP?
Due to the contract language, GE can pay the ACP whenever they see fit. But do you think Larry and his BOD's wait for their incentives or bonuses?
20% workforce reduction for 273
That seems light considering the market demand is down 40% give or take. That must be a modest number! Well bring on the pink slips LC needs the rest of his bonus!
NY Warn
NY updates warn notice law in Nov. 20 to must have 90 day notice for over 50 employees laid off. No warn notices as of today. GE's new way of doing things is offer severance packages first as that saves them alot versus layoffs. So we should be safe... — read more
Which company Ex- GE Employees screwing next ???
I see lot of Ex-GE employees move to Exterrain, Honeywell, Walmart, etc. It is the buddy system as no person in the right mind will hire GE born bred people. So, which company is next in line to get screwed by these people???
No Layoffs! Schenectady 273 is calling back members
03/01/2021 will be the first day of call back and 04/01/2021 Power will be hiring more employees. A 25% increase in workforce hourly GE will eliminate the poor performers on the salary non exempt side. They will double up the workloads on salary... — read more
You know there is something wrong when the company has a Chief Storyteller
no surprise here with GE's history. it continues to craft a story that needs to be conveyed by the Chief Storyteller. Anyone else think that is wrong based on its history under I Melt. Is this a continuation? the recent earnings discussion did not... — read more
layoffs
Any truth behind 25% reduction in work force? 150 union workers?
LOL GE made $5.2 billion in 2020 ?
Culpable made his $47 million after firing you. Sounds good right? Do you like him ? Find him charming? https://www.freemalaysiatoday.com/category/business/2021/01/27/general-electric-eyes-upbeat-2021-after-profitable-2020/
Free Cash Flow Looking Good
Power is looking like it is making the big turn around. My job is safe!
Power is calling back employees
273 is calling back laid off union members the calls will start next week. This is due to the over Whelming work load and to cut back on OT. It is said that 30 union members will be called back and depending on how many return is the amount of new... — read more
Hooksett, NH Aviation plant is hiring!
Calling back 48 that were still laid off and hiring an additional 100 from the street
"Today's leaders must absorb fear, make decisions, and persevere."
Leaders. Listen to the man! We need you now! https://www.linkedin.com/pulse/my-journey-leading-ge-jeff-immelt/
Earning season
There is little left until the earnings report. What do you expect?
UK, here it comes:
https://newsfilter.io/a/2d1fcb41fc71ee8d671e7b47b160ceb4
Job cuts imminent there is no denying it!
Cuomo: Port of Albany among country's first wind tower manufacturers! I guess so long to many jobs in Schenectady!
Is a total reset in the works for Schenectady?
Schumer urges GE to make wind turbines in Capital Region Albany Times Union Paper How can GE turn down fed tax credit if they make green turbines here. With all the rubles of layoffs that started last year I think it’s about to happen and how deep... — read more
Wishing us the best at 273
Make New York the global leader in green energy From the NY governor. More than expected layoffs on the way in March 1 2021 (3/01).