Thread regarding General Electric Co. layoffs

Turning assets into cash got us where we are

GE is too big and diverse and needs cash. Since JW, the goal of leadership has been to turn assets to cash for WS, dividends, buybacks. That got us where we are, along with some bad decisions with the cash. GE decision makers do not want to make things. Smaller firms, focused on one type of product come a long and are more nimble and focused and out perform GE. Each of the divisions are big companies in themselves. It is obvious GE is splitting itself up and you will likely all be working at the different spinoff companies some day.

The Original poster, @WekjRPQ-sih summed up the situation as GE real good. Thought more people should see this post

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| 1693 views | | 2 replies (last November 21, 2018) | Reply
Post ID: @OP+WehlIlL

2 replies (most recent on top)

The bonds are near junk status. It is almost over.

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Post ID: @1bvo+WehlIlL

When the bonds turn to junk it is over.

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Post ID: @hxu+WehlIlL

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