What are your thoughts?

Amazing to see a part of GE older than the creation of the company itself being celebrated by its new owner (ABB) after being disregarded and underinvested in for years by GE leadership who placed their bets on the latest fashion or who needed an... — read more 

GE washer broke https://www.reddit.com/r/pics/comments/8yfvk6/go_ge/

190 this round and more in the winter. Start interviewing for a real career not a job at GE.

The layoffs are definitely imminent. The rumor is that production (those who voucher their time to a job) will be hit heavily. Indirect (inventory control, inspection, etc.) will be hit as well but not as heavily. Because we know the layoffs to be... — read more 

What's the current individual/cumulative GE Schenectady/Nisky headcount? Based on my latest info: @GRC down from 2,000 (2016) to 1,200 (early 2018, now likely less) @Renewables : 200? @Power : 4,000?

Hey what’s even more sad is there are retail jobs that pay more than a T19-Rate. With better healthcare and better retirement. There are lots and lots of jobs that pay more than GE wages and treat the employees better! And that is with no union dues... — read more 

Layoffs coming Friday 301 layoffs for Schenectady NY. I can not wait for my slip. This place is a joke like a T Rates pay scale.

Everyone already knows from Stan Genega’s all hands meeting a couple weeks back, that there are imminent layoffs coming to hourly workers in Schenectady. The final number has not been released but apparently the Union already knows these numbers and... — read more 

(source below) How to Silence Your Inner Critic After a Layoff - Harvard Business Review - PROFESSIONAL TRANSITIONS: by Susan Peppercorn - JULY 06, 2018 PROFESSIONAL TRANSITIONS Being laid off is one of the most difficult experiences that you can... — read more 

I thought Raghu was actually going to provided information. He threw out some very impressive words but in the end stated absolutely nothing. So much for being the Human Resource Leader who advocates for employees

Another stupid thing GE does it rotates these interns that never had any management skills and never built a locomtive and when they start to learn they are moved on.They used to take workers from the floor and offer them bosses jobs.

So let's recap: 1) Under performing GE starts to unload business units in a series of spin offs and partnerships, loading them up with corporate expenses, debt, and pension liabilities. 2) GE continues to insist that its corporate audit staff must... — read more 

https://www.businesslive.co.za/bd/companies/industrials/2018-07-04-ges-latin-america-ceo-arrested-for-fraud-in-sprawling-investigation/

Anybody else really tired of constantly seeing poor performance being rewarded? Of everything being about who you know and not about how well you do your job? Of having to fear for your job every single day despite being really good at what you do?... — read more 

"More than 50 resumes from Baker Hughes employees have landed with one professional recruiter since last summer, according to a headhunter there."... — read more 

Both had interests in a number of industries however the comparison stops there. Financial manipulation, overconfident management (including thinking management and its finance weenies) could properly manage and move from industry to industry... — read more 

https://hbr.org/2018/06/ges-fall-has-been-accelerated-by-two-problems-most-other-big-companies-face-them-too "Sadly, that is the core story of the toxic combination of activist investors and mergers, acquisitions, and divestitures masquerading as... — read more 

The lack of value from these posts are like the lack of value in my Cadillac of healthcare from GE. The lack of value is like the lack of value in my 401k plan from GE. The lack of value is like the 2 tier pay scale they off. The lack of value is... — read more 

Somewhat disheartening that some post mindless dribble, instead of sharing compelling and pertinent information on this site. If IQ points could be awarded for some of these comments they would be in the double digits for sure.

Healthcare is going to get used just like the other businesses. This is not an escape but a transition into debt bondage since $18 Billion of debt or more will get added to Healthcare. The interest payments on $18B of debt will be mind numbing. Big... — read more 

Advent International is laying off 236 people from GE Distributed Power Facility in Waukesha starting in August, and the remaining folks when the plant closes in April next year. This might be a stupid question, but why would you buy a plant just to... — read more 

After Ge Healthcare goes in 12-18 months, next will likely be Power. Then, Aviation after that. Each takes a little of GE Capital with them along with debt and pension obligation and you call it a day.

GE Healthcare employees should be safe. A few that worked on projects that interfaced to company apps may be let go. Once the new company is created it will business as usually. Some execs might get the boot and others may be cut do to their... — read more 

With the Supreme court overturning the 1977 decision to force people to join the union, I wonder if this is it for the union at GE. If I was low on the list I wouldn't be paying any dues, I will tell them to stick there dues up there arse.

Six Sigma was just the means to an end. It helped manufacturing and supply chain get more visibility and standard tools/processes/mgt support to improve. Like anything centralized, Welch/GE could not apply it to some and not to others - requires too... — read more 

I can not wait for the announcement to come on how many are hitting the streets from Schenectady. The rumors are 130-200 and could even be 300. Which one is it? Hopefully I get the summer off and a nice new job after. That’s all GE is now is just a... — read more 

Just in time parts system failed also because the parts were never on time and they never had an inventory of extra parts if the parts were bad.

Years ago they would offer people off the floor jobs as bosses and these bosses off the floor new the product because they actually worked on the floor.Now they hire College students with know shop smarts and know people skills.You can't hire a guy... — read more 

Anyone else love watching these arrogant inbred execs eat their own Sh##? Love how they think they know everything about business but cannot grasp the fact that all of their spending is accountable to the investors or that without a customer, there... — read more 

Looking back at previous GE efforts like adopting Six Sigma, a management improvement system made famous by former GE CEO Jack Welch, Mr. Immelt said: “If you put yourself in my shoes additive manufacturing makes a s---load more sense than Six Sigma... — read more 

If you really believe GE is done with its reorg, divestitures .. please, please reach out, I've go a bridge to sell and for others some swamp land in Florida!

After the 7HA0_ program, what else will engineering have to design? How goes the aftermarket business? (or did GE outsource this?)

Acquaintance of the Garlington rd location told me that only two gas turbs were built for the year so far (this was month ago he told) Another told me that only 7 projected turbs to be built this year this true? Really bad market for gas turbs today

Will GE Erie still layoff this year?

Ruh (who should be thrown out) announced the departure of Fowler

Does GE Corp retain the pension liability for spin-off employees ? What constitutes GE Corp ? I left with the Appliance spin-off and am curious what entity has the pension liabilities.

How dare they challenge the CFO math! https://www.bloomberg.com/news/articles/2018-06-27/ge-fails-to-win-over-wall-street-as-plan-falls-well-short Goldman Sachs, Joe Ritchie (Neutral, price target $14) “Deleveraging much needed but tough to see... — read more 

Now that it's been announced that GE Healthcare will be a standalone company, how many people will be laid off as part of the transition? I'm actually holding out hope that it will not be that many, but I've been wrong about stuff like this before... — read more 

Just saying - it tells you a story