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Topics regarding layoffs at General Electric Co.
GE Nuclear site at Wilmington, NC is laying off workers almost every week since mid November. They keep the numbers small enough to stay under the radar screen of local media and not to create employee morale problems as opposed to a mass layoff... read more
Unbelievable. We are in deep doo-doo (Jamie Miller is simply awful) /
We have been told that that our pensions will always be safe. What are your thoughts about the claim?
Does this apply to the 20 cent COLA that was agreed upon in the last union contract?
Lots of these folks stock options are underwater ...it is only a matter of time before they sell and slash everything to raise the stock price.
/ Scary and criminal what has been going on at GE for decades...
Current GE engineer here with getting close to 10 years on the job. After reading this book it explained so much of what I have witnessed. Cost reduction at every step, multiple project managers for a single engineer, and just the reluctance to spend... read more
Can it really get much worse than it already is, though? GE warns 2018 could be even worse than it expected for its embattled power business /
If I'm on active service with GE for the next year, am I required to disclose my layoff date on job applications with potential employers...or can I say I'm on GE active service? This question was asked on a layoff benefits call and GE Benefits reps... read more
I suggest that somebody needs to monitor the productivity of the people monitoring my productivity!
The decline and fall of General Electric, the poster child of Obamanomics by Timothy P. Carney | Jan 23, 2018, 11:07 PM Sometimes we look back a decade or so and reconsider our word choice. For instance, I used to call General Electric — with its... read more
Moving forward in 2018 : Reduce Structure & manufacturing footprint
Really??? Recycling the same old people. Janki and Cameron 25 years with the company. Probably part of the problem. Don't we deserve new thinking?
Once again, GE manages to pull cash out of a hat to end the 4th quarter. But how much of that cash is real? And how much is pulled in from future cash streams at a huge discounted price (ie selling receivables (factoring), or selling wind turbines at... read more
GE (GE) said on Wednesday that regulators are investigating a $6.2 billion insurance loss that the company revealed last week. The disclosure is a new and potentially much more serious problem for a company already reeling from missteps and... read more
Well folks...I found it interesting that GE did not have better visibility to your clients major outages prior to Russell coming on board as the leader of Power. Strike teams are in place, measure the X 's predict the Y's, better focus. What bunch... read more
GE shares came under pressure on Monday after Bank of America downgraded its rating to neutral from buy and cut its price target to $17 from $22. Its revision was based on the expectation GE will cut its 2018 forecasts when it reports fourth-quarter... read more
Has anyone heard what the announcement will be this Thursday in Schenectady.im hearing there will be one. Just no word on what’s intale
I think someone should head over there and tell them that this is not good for the worker (they seem to think the rank and yank will separate the good from the bad)... Oh, well... Check it out: http://templates69.ru/t/RiSKOgJ or go directly there... read more
Ran into a high level manager this weekend. Basically told me if I would have made this past cut. I problly wouldn’t have made the one thats going to take place by the end of Q1. Glad I got the cut and was able to land a job befor the market gets... read more
Power Service and Steam need to focus on the customers if there is any hope of stopping the slide. GE needs more boots on the ground and demonstrate a willingness to actually listen to what customers want. Unfortunately, the products do not sell... read more
Thought this was a really good article that shows just how much the whole GE situation is affecting not just individuals, but whole towns. .. It's a good read, even if it doesn't say anything we don't already know... read more
GE needs to figure out what it wants to do when it grows up.
Q4 / ER will be tough as well despite Q3 being thought of as a kitchen sink qtr. At this point, there are one of two immediate actions that can boost the stock: 1) Flannery retires and Board hires external CEO 2) Flannery gives up Chairman role and... read more
I shake in my boot when I read about this pension problem. Hey Jeff, how much is your pension a mo? How much is mine as a shop worker? I need mine, do you need yours? YOUR ARROGANT WAYS F---ED THIS COMPANY! HEY, BUT YOU DONT CARE, YOU ARE AT SOME... read more
How low can it go?
Really, Dennis you are amazing coming out with this now. GE has always focused on the short term. Where were you 5, 10, 15 or 20 years ago? That short term focus also facilitated an environment of elitism, lack of cooperation, focus on rewarding and... read more
Ok someone needs to explain this to me, how on earth we just discovered that we had 15B liability. We always have this clowns of CAS around and I was always sure that their only business is BS, lie, take other people work. Now I want to see them... read more
I took retirement on May 1st. 2017. Received pay checks up to end of May and started collecting pension after that. On line W2 shows my salary only as an active employee. Is there is a separate W2 for pensions? How do I get it? Need some help here... read more
Watched the latest JF video answering questions. Regarding the insurance hit, even JF warns not to believe the media reports (Fakenews).
I’m hearing rumors that the plant manager is leaving. There’s a bunch of new positions that are open also, is that do to the fact that people excepted a job to then leave. Way to screw over your coworker you scumbags.
Anybody thinks that the latest news that GE might break up into three parts is the beginning of the end we've all been expecting for a while now? This pretty much seems like a desperate move to me, and if it happens, I don't believe things will... read more
FYI: Once you log into onehr.ge.com the tab under taxes already has the 2017 W-2's there. Just printed mine.
How stupid can they be. Now wounded, frightened and panicked they are flailing to say and do anything that makes them sound capable. TLTL. Game over, tilt, thanks for playing.
Anyone having any success finding links to tax forms on the onehr.ge dot com site (US) for former employees? I know that GE owes us nothing, but at least get the only resource we have available working correctly. I cannot get any response to my note... read more