The Sleeper Slate will press the proper issues and get results. The Sleeper Slate will announce the new Slate after this next layoff in March for 273.
somebody tell us something please
the suspense is killing me SEB must have something to appease us
Digital in BHGE
BHGE Digital, similar to GE Digital, has been a money-loser since day one, with no viable products except reselling GED software. Discussion on related board: https://www.thelayoff.com/t/X3bToUy
Boo hoo for Ragu
Wonder why he hadn't heard a peep from him in months. Who will be next to be shown the door?
GE Hamble Aerostructures factory (UK site) for sale
Some people have received information that GE Hamble is preparation for sale. Take care of yourself and who will be next from Aviation buisness?
Top GE Stock Analyst... “No reason stock’s comeback!”
1) GE’s recent stock runup has been “a show about nothing,” says J.P. Morgan’s Stephen Tusa. 2) Tusa says reports that GE may sell its key aviation business “do not count” as a positive driver for the stock. 3) He cautions investors to wait until GE... — read more
GE Capital sells Trade Payable Services platform to Mitsubishi
The entire mechanism of offering suppliers discounted payment terms has been divested. GE Capital has sold its Trade Payable Services (TPS) supply chain finance platform to MUFG Union Bank N.A., a subsidiary of MUAH, the U.S. intermediate holding... — read more
Should I stay or should I go? Continue to listen to lies that I will have a job tomorrow!
I would leave! I do not know why am I staying here thinking it will turn around. Believing the words from the company and the union of false hope and dreams. The stress of this place is not worth the t rate weekly payment anymore. The unknown if I... — read more
GE’s world of restructuring far from over
More cuts and job losses are on the way for Greenville and Schenectady. It’s only a matter of time before the gauntlet swings at full tilt for the shores. As the sinking ship will become submerged by a tidal wave. Get those resumes ready.
Poll: Would you leave GE tomorrow (if you could)
Upvote this post if you would leave GE tomorrow (if you could, if you had options, etc.) Downvote this post if you feel that you should stick around and help GE fight for it's survival Do noting if you feel like doing nothing, no arrow up, no arrow... — read more
GE / Crotonville
Crotonville is a cancer that has metastasized to every GE site and needs to be eradicated .
GE could be worth just $2 a share or maybe even zero, analyst says...
After spinoffs, what remains of GE could be worth just $2 a share or maybe even zero, analyst says "Once GE sells off its strong cash generating businesses ... these assets will be gone forever," Gordon Haskett's John Inch said in a note to investors... — read more
WSJ: GE Powered the American Century—Then It Burned Out THOMAS GRYTA AND TED MANN
Continues at: https://outline.com/zyHms4 They came by the dozens in luxury sedans, black Ubers and sleek helicopters. As they did each August, General Electric’s most important executives descended on a hilltop above the Hudson River for their annual... — read more
Layoffs announced
https://www.powermag.com/ge-cutting-another-468-jobs/
Ge plans on calling back the laid off union members
The Power Sector Just Got A Big Contract From Alstom and Thise Greedy Board Members. Greenville and Salami and Schenectidy all are going to get aviation work shipped to those plants stayed. Ask your managers when? One of them will spill the beans.
Once a jewel in the Crown
GE Salem; once an Emerald in the Crown of GE, respected and prized by the company leadership for decades. Now treated like imitation cubic zirconium, to be worn on the toe rings of the Indians to whom our jobs go to. Such a d@#m shame.
GE never learns their lessons
News flash....GE Power needs to cut heads in middle management BIG TIME. You still got way too many chiefs and not many indians. GE never learns their lessons. As for people jumping ship to aviation good luck there ...once GECAS gets sold Aviation... — read more
John Rice's $2M salary
https://www.bloomberg.com/amp/opinion/articles/2019-01-16/for-this-ge-executive-63-million-isn-t-enough
Was Alstom a good deal?
I think it was because it just shows how stupid GE Corporate really is. I for one come to work and sit at my station and watch the circus show unfold daily by the white collar and the blue collar workers daily. Nothing good is happening. Not in my... — read more
In other news.....here we go again.
www.reuters.com/article/us-brazil-power-ge-exclusive/exclusive-brazil-grid-operator-wants-662-ge-transformers-removed-after-explosions-document-idUSKCN1P928V
quiet before storm?
has been no comments for coupled days? as I know, a factory in china will be closed soon.
Schenectady service
I'm a early hire T rate, what are the your thoughts on required service to hold a job the next round of lay offs?
I miss my time at GE but do not regret leaving
As long as you are not running away but rather running toward a new opportunity, you will not regret it. Your GE career will have served you well. Yes, you will have to deal with navigating on-boarding and social norms of a new company (culture... — read more
All the ways that GE could reduce it’s debt
For those that are interested in this matter, this article provides a good insight into the potential ways og how GE could reduce its debt, and analyses the strengths and weaknesses of each approach. Found it to be a good read... — read more
Did anybody regret it?
All this talk in the last several days has made me think. I don't know how many former employees still visit this site, but if there are some, I'd like to ask if any of you regret leaving GE? Especially those who decided to leave on their own, so... — read more
Don't kid yourself
Don't kid yourself, the best job is probably the one that you have now. If you leave on someone else's terms you will be giving up vacation, and retirement benefits, not to mention wages. Most companies are looking for younger employees fresh out of... — read more
Is it hard to find a new job?
Been talking to a friend who was laid off more than a year ago by General Electric, and he is still looking for a new job. He said he had a few offers, but the pay was less than half compared to what he used to earn here, so he passed on it. Now I'm... — read more
The state of GE’s cash flow
We all know that healthy and secure cash flow is one of the biggest factors in a company’s ability to survive. This article provides an excellent and precise insight into GE’s cash flow and underlines where the biggest liabilities are. Definitely... — read more
Immelt at GE...
I just can’t believe this man and a few others did not know the true inner workings at GE when he was in charge. Just look and read what’s happening here with the new CEO... All the issues, etc.......... Did Immelt play the company for a fool???????... — read more
GE Corporate shrinkage
Seems like some whiny entitlement culture is being beat out of the system. If you watched Larry's latest video they skipped the big bang BOCA GLM conference for all the top execs and told them to get to work...
Senior Executives and Officers HR Handlers
I came to find out it was some sort of policy that every-time an exec flies out to a site to talk to the people he must be accompanied and handled by the senior HR. Can anyone comment on this seemingly extraneous policy across all the BUs or is it... — read more
Why do you chose to stay at General Electric?
So many people are unhappy here yet everybody still stays. I personally stay because despite everything, I enjoy my job and my coworkers. I've been working with mostly the same group of people (minus retirements and layoffs) for nearly two decades... — read more
Definition Of A Labor Union
Definition of labor union : an organization of workers formed for the purpose of advancing its members' interests in respect to wages, benefits, and working conditions members of a labor union with job protection under a collective bargaining... — read more
Will he cross the Delaware?
Culp compares himself to Washington. What next?
The Legacy Membership Sold Out The T Rates In 2011
They Sold Us Out, Took Our Voice Before We Ever Stepped Into 273! Why? Fear, Ego and superiority in the good old 273 plant. For a failed attempt at a battery plant and false promises of job security. The one shot to gain anything back was lost to... — read more
Wow, no layoffs in 2019 so far?
Could it be? We have been in the new year for over a week now and there are no layoffs yet? Things are definitely looking up at GE!!! /sarcasm
Giant conglomerates don't work well today
Why be stuck in past; Think no more GE. It is being broken into its pieces and this is a piece, it is not about raising cash to save GE. Each of the broken off companies will work on its own; everything will still be done. Just by smaller hopefully... — read more
We should take the sale of GECAS as good news?
While I’m generally against big asset sales, especially when the only motive is to gather cash, this article and its analysis of every aspect of the sale of GE’s jet-leasing business to Apolo convinced me that we should look at this sale as a... — read more
Selling off the profit makers- GE in discussions to sell the jet-leasing business
As this article reports GE has been in discussions to sell the GE Capital Aviation Services (GECAS), the jet-leasing business to a private equity firm Apollo Global Management. Look like the only thing that is a revenue-maker is going to be sold. I... — read more
GE is on the up and up!!!
We're at 8.11 a share right now!!! We haven't been that high since mid November last year!! We're moving on up!!!