Thread regarding General Electric Co. layoffs

GEHC is burning millions right now

GEHC is burning millions right now in seperation activities: M&A consultants, new roles created and recruited for(more outaide US). And all these activities are lead by same people who have brought down GE to this level. with half og gehc now being sold, i forsee massive layoffs coming. GEHC for sure will have to factor in big capital investments that will cut into profits for few years atleast, not to mention other unforseen operational costs.

Tend to agree with @XrjdOD1-5wsm on this, Good post!

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| 2932 views | | 3 replies (last February 12, 2019) | Reply
Post ID: @OP+Xwv9aII

3 replies (most recent on top)

When you cut a turd into multiple pieces, each piece is still a turd.

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Post ID: @4wsf+Xwv9aII

On top of the Pension, just wait until it is on its own with very little cash, a giant pile of corporate debt to pay and massive operating structure.

The plan is for Healthcare to save the rest of GE by being an overloaded financial pack mule.

Leadership will likely financially loot the deal just like they did with Transportation to get more cash and leave the remaining part with more debt and challenges staying alive.

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Post ID: @1rex+Xwv9aII

just wait until it gets burdened with 18 billion dollars of pension

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Post ID: @1hrv+Xwv9aII

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