The restructuring was done! New CEO has different plans. Good bye GE Power it will surly break apart. No good negotiations will come next union contract just higher healthcare and lucky to have a JOB.
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You will all be lucky to still have a job with Generous Electric. If you think GE is struggling, then you must realize how much worse it is at other companies that don't have our strong leadership.
Schenectady employees will be begging for some of the stuff they gave away in August next contract. Good luck you r----ds!
If GE 's get out of the power business they might as well shut the doors completely. The margins are ridiculous on spare parts and repair. More id--ts thinking they know about GE. They could break the company up and the two business's I would buy stock in are GE Aviation and Power. Throw the rest of the business's in the c-apper. They can take all the write-downs they want ..this long cycle power business with a planned down cycle in play for the next year or two. The id--ts plainly bought Alstom at the wrong time.