Is there going to be any reorg or General Electric layoffs? Any chatter, news or rumors?
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GE laid off all renewables mechanics and some renewables techs..
GEHC cut all contractors
Hearing of another 25% in USA onw and that they are pushing for around 30% overall for ren in the eu but need labor Union approval that may push the date to early 2024
Yeah, this would be a case where "vernova" would live up to its name... "See it doesn't go"
Given how management only seems to know how to pull the layoff lever, it wouldn't surprise me one bit.
We've talked about it going to you.
there is always layoffs and reorgs at the General. look for Vernova to be blow up