Thread regarding General Electric Co. layoffs

Giant conglomerates don't work well today

Why be stuck in past; Think no more GE. It is being broken into its pieces and this is a piece, it is not about raising cash to save GE. Each of the broken off companies will work on its own; everything will still be done. Just by smaller hopefully more efficient companies. Workers at the smaller companies may be better off. Giant conglomerates don't work well today. The return of cash to the guys doing the breaking up is a key factor as to how it goes - they are greedy and it is them first, everyone else 2nd. If they figure out how to get paid a lot of $$ to sell GECAS, they will be very interested in that deal.

There is no good reason for GE to last forever.

I believe that as employees we have as sentimental relationship towards GE, but the reality is that what @X0BfLcM-1jak is true.

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| 1751 views | | 4 replies (last January 8, 2019) | Reply
Post ID: @OP+X1XxkD6

4 replies (most recent on top)

There’s nothing wrong with large conglomerates as long as the people in control know how to make it work. Mergers and acquisitions for growth is one thing but knowing what to do with it is an entirely separate skill. Any decent business school will give you stats on why these often fail.

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Post ID: @oth+X1XxkD6

So when will GE make the move of more layoffs and restructuring? I believe by the 2nd quarter within the whole company.

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Post ID: @iml+X1XxkD6

Massive companies work just fine. Have you been to one of the tiny companies that goes under after a year because the owner is an id--t. Lot more fail safes in large organizations. May not work at max efficiency all of the time, but far less likely to bite the bullet over the long run.

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Post ID: @vtv+X1XxkD6

Another thoughtless fcking repost

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Post ID: @qkd+X1XxkD6

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