All corporations have been on a grotesque debt binge since 2019, using TRILLIONS to buy back stock and enrich CEO's and shareholders at the expense of the corporation, and now that Ponzi is coming to its inevitable end.
GE is the first giant to fall, but it sure won't be the last. So, thinking you'll just go work somewhere else? Think again, this is just the start and wherever you go, all you'll end up doing is experiencing deja-vu as you watch the same scenario unfold again.
https://www.barrons.com/articles/ge-debt-could-be-the-canary-in-the-coal-mine-1542398506