Thread regarding GE Power layoffs

Small cuts now, massive cuts in 2018

What are your thoughts? My leader in engineering said we would have an action similar to March 2017 soon. If orders remain slow into 2018, then additional actions will occur. Long and drawn out process if business continues in down cycle. My thoughts are these numbers will not trigger a warn notice.

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Do the math - unfortunately.

GE Power is in a downward cost and cash flow spiral where $2 Billion will be cut next year.

But, with costs of duplicate organizations spread all over from new facilities GE built and staffed in India, China, Alstom, cost efficiency and utilization factors are so poor that the $2 Billon is overly optimistic. GE Power has a bad management induced structural problem with all this duplication in new facilities that have never paid off, just cash drain under the original fake guise of cost cutting.

GE Power has to fix their structural problem by returning the business to basics.

Get rid of bloated management, move work back into simple legacy single locations and start making what you are trying to sell instead of buying, limited assembly, and trying to just mark up.

GE also needs to fix the service business that is bloated with middle men and managers who don't know our customers or how to service their equipment. Customers are just as alienated as employees, and even more. GE service is horrible these days

Get rid of the fakers and create new experts who know what they are doing like GE used to be

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If things do not pick up I do predict a hourly layoff in Greenville and upstate Ny around June time frame of 35% each plant.

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So I made this post as a comment on the main board, and someone copied it over exactly to this board. However they then added MASSIVE 2018 cuts to the title which was not my intention. Be aware of what you read on here and the source.

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