This one could be much deeper than previous. Wouldn’t be surprised to see a 15-20% reduction in engineering. There is no money for NTI/NPI for the foreseeable future. Thank Jeff Immelt.
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gtfo GE Capital is why we're in this mess.
reductions are never over at GE. ask people who work at Capital.
@qaz+ It’s going to be all of the businesses, there’s no way around it. GE is burning cash and there is no end in sight. RIF’s are the quickest way to reduce cost, so expect more in the very near future.
GE Leadership is questionable , perhaps we are being run by Jared and Ivanka ?
Some days it feels that way. CLUELESS ARE IN CHARGE
What GE Business are referencing ?
I'm in Healthcare, we are just coming thru a reduction this month.
I sure hope its over for this year.