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
Another week, another opportunity for layoffs
Am I the only one who now starts every single new week at work assuming we'll have more layoffs? "Oh, it's another Monday, let's see how many of us are out of a job this week and how many more responsibilities those who stay have to take on." Really... — read more
Major headcount reduction for Greenville and Schenectady
Total will be 300-500 between the 2 facilities Culp has to make up for the major cash flow loss fixing the junk products. That the green engineers and operation leaders forced out the door. The seasoned engineers and managers would of never let junk... — read more
GE to fix the gas turbine problems Worldwide
Although this problem comes in the worst possible time, I think that it’s crucial to tackle it as soon as possible. If this gets out hand it could produce a lot of problems for the power division which is struggling as it is. $480 million is a lot of... — read more
France Protests | Impact on GE / Alstom Assets
What are your thoughts and impact to GE and the Alstom Assets now with the French public’s reaction to the actual impact of environmental accords and resulting taxation along with the free movement of people which allowed MSF, Catholic Charaties and... — read more
Be careful
Be careful. I think bankruptcy may be an option. For all Culps talk about change with urgency all we have so far is a reorganization of power leaving the same failed manager in place but now they report to him. That’s as close to rearranging the deck... — read more
GE Power Drinking Game - A New Holiday Tradition!
Have some fun over the holidays and play a drinking game by perusing the GE Power Org Charts and taking a shot for every executive that has less than 10 direct and extend reports and 2 shots for every executive that has 1 or no reports! Be careful... — read more
Drain The Swamp at GE Power
The lay off of 140 employees at GE Power this week could almost be called laughable if it wasn’t for the fact that it primarily affected mostly the bottom level individual contributors and their lives. Case in point whas the cowardice move to lay off... — read more
GE Stock at $6.99 today.
How much lower will the stock drop as it hit $6.99 today? I sold the stock in the S&SP (401K plan) when it was about $30 a few years ago and just trying to figure out how to time the bottom to get back in like many of us did in 2009. I am hoping it... — read more
Junk because of shortcuts by management
GE said it booked seven HA turbine orders in the first nine months of this year, half as many as in the same period last year. GE’s HA turbines have come under particular pressure and its plant repair business is facing growing competition. The... — read more
Just in
GE Stock is on the move heading towards a chapter 13. So don’t be Waiting for the severance package after the plant closing.
Insider intelligence came from a white collar management
This operation leader stated “ that the layoff will be over right after contract” he also stated that “273 has so much work lined up they will have to hire more workers after the contract is settled”. He then stated” with this hit in the gas portion... — read more
Things are looking up for Power
Power plants are shutting down power plants because 273 sold them junk. Must be from all these clueless bosses and T Rates.
The true picture of GE Power
GE’s Gas Turbine Problem goes global -Reuters More GE Power problems. Utilities are shutting down 18 of GE’s newest gas turbines for repairs at power facilities from Taiwan to France. GE is setting aside nearly $1/2 Billion Dollars of unexpected... — read more
Layoffs today at GE ...... Business as usual........
GE’s constant threat of layoffs is nothing new. We all know it. Layoffs after Layoffs Reorgs after Reorgs New initiative after new initiative Early retirement plan. Legal age discrimination program. Cut programs It is not a matter of if, but when the... — read more
The Union at 273 and the company are on the same page
Scared for their jobs the union approves everything the company wants. To protect the d rates jobs along with their jobs. They know something like more layoffs are coming and do not wish to share with the members. So much for the A,B,C Rate idea.
The Union at 273 and the company are on the same page
Scared for their jobs the union approves everything the company wants. To protect the d rates jobs along with their jobs. They know something like more layoffs are coming and do not wish to share with the members. So much for the A,B,C Rate idea.
Some optimism for a change
Even though this article had some parts that I don’t agree upon, like the statement that company officials are buying GE’s stock is an indicator of growth, I found the general conclusions of this article to be very truthful. GE still has the... — read more
Global Research layoffs?
Have there been any indications of Global Research layoffs sometime in December/January period?
Rustle says Layoffs tomorow
thats rite my cussin went boweling with rustle and he sed that their will be layoffs in engin-earring tomorrow Thersday it will be 5% or so but the big won is comming in March and it will be 15% because Alex partner told us to do that.
Vote the sleeper slate and all the problems will be gone for 273
Vote in the new slate and 273 will be the unions shop again. We will strike until we get what we want. Show this company the membership makes this company money. Show the company what a union is. Equality for all members. Strike until all the members... — read more
When will this finally end?
There has got to be an end to these constant layoffs at some point. How many people can General Electric get rid off before it stops being able to function properly? They can't just keep cutting and cutting without consequences. So we might have job... — read more
The Sleeper Slate Shall Rise Once Again
Before the next elections if GE does not close the place before then. Until then keep living the pipe dream the hall is selling. More layoffs are on the way.
The only people who need GE are goombas who can't get another job where they can sleep all night
T Rate Dynasty!
The good ones and the ones that cared about the workforce are gone
We are working harder and harder now under the bottom of the barrel management because the good ones and the ones that cared about the workforce are gone (some are left) and unfortunately still leaving or in the process of looking for better maybe... — read more
3 Word Statement: Define cause of General Electric's decline
What's your 3 word statement? Here is my: "Insatiable executive greed"
GE Schenectady can I still take voluntary layoff?
Was wondering if I still can I know you could do it in August I am ready to quit but wanna see if I can ride on the company for as long as possible if that's alright.
New Schenectady Policy's
So today we are informed of some policy changes to the hrly workforce. If you have work restrictions because of a injury of any sort, and your dr places you on light duty, you will be moved to work under SFO to do a job that can be done with your... — read more
Local 301 Union Brothers
Let the company be more competitive to make this work. I propose cutting pensions and D-Rates giving up that extra $10 an hour. If that could happen it would bring more work to Schenectady. Please it's a contract year and we have to give back to this... — read more
Hey Buddy, Can You Spare a Dime?
https://www.celebritynetworth.com/articles/how-much-does/the-crash-of-ge-stock-has-cost-trian-fund-management-700-million/?amp=1
Why do t rates have such low iq.
They accept a job and it’s terms and say they are fine with it and then turn around to complain and act like they weren’t told. They also act like they lost something. You can’t lose something you never had. Ge lowered its hiring standards to higher... — read more
GE transportation Erie poor management.
Again we have a perfect example of poor GE management. Middle of year the company new the workload was going to pick up. Employees told company that they better start now and call back people but of course they didn't listen.We also told them we need... — read more
A silent problem for GE - pensions are underfunded
Glad that this article put this question into perspective. I Know this is probably the last of the leadership worries and the last thing on their “to do list”, but when you have an underfunded fund that serves nearly half a million people and have no... — read more
What are T-rates and D-rates?
Can someone please explain what T-rates and D-rates are? I'm guessing it is something union related, based on the context clues, but I'm not sure I understand the differences.
Haeggquist & Eck, LLP Investigates General Electric’s Board for Breach of Fiduciary Duty Following Announcement of Expansion of SEC and DOJ Inve
Really? Nothing like getting money from nothing. This is an obvious play. The real(thorical) question is, will I'Melt and his cronies go to jail and have their possessions taken back?
Unbearable stress
Workload, stress and pressure at GE is always high but its been magnified several times now with the constant turmoil in the company, uncertainty and very high turnover. Executives still pretend like all is well and are not accommodating any... — read more
Regaining the spark
This was an interesting article. Even though all of us are familiar with the fact that the problems that GE is facing started a long time ago and that they were in the making for years, but this article gave a precise view of the development of the... — read more
GE Is a Microcosm, Here's The Big Picture
Is GE the only company going through this? Let's see... That Titan of the Tech industry, Microsoft laid off close to 10% in 2017 https://www.cnbc.com/2017/07/06/microsoft-will-layoff-thousands-of-employees.html Another Titan, IBM trying desperately... — read more
GE will spread holiday cheer again for Power
Who wants to bet GE will layoff more Power employees this holiday season? They will be spreading that good ol GE holiday cheer. While the union and company figure out a way to screw the union workers left. I for one am going to get my layoff notice... — read more
Who wants to bet?
Now that Global Operations have been hit right after Thanksgiving, I'm willing to bet that's just a start and we'll see many more announcement between now and Christmas. I was hoping holidays would deter them for at least a while but apparently... — read more