Based on information from update today looks like Corporate to take hit of 1400 employees this year and 2400 in 2021. This will leave about 4200 going forward. 8500 last year were assigned to the divisions and up to them to reduce costs (if any) going forward. Check out the presentation on GE investors to do the math.
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I think Healthcare is safe this year in 2020 !
Immune from any reductions.
Will the DOC be impacted?
I can confirm this from IT perspective. Latest people leader call notes. Cincinnati, Atlanta, Detroit, Miami will be bulk of impact. Directors are ranking folks now.