Thread regarding GE Power layoffs

GE Power was destroyed by bad management

GE Power has the same problem with steam turbine and generator production.

The new facilities they built in India, China and farm out of all parts has devastated Schenectady shop load last three years to very low efficiency and high cost of low utilization factors and high shipping and handling costs. This resulted in layoff after lay off and closure of almost all of the service facilities to make up for costs skyrocketing.

We see bad decision after bad decision by management with little experience who are eager to get promoted by doing this under the fake cost savings of doing things in India and China. The quality there s---s, and low utilization factors and high cost just as bad even before you throw in excessive transportation costs. None of these facilities have paid off and are dragging down GE Power with high cost structure, even before the Alstom disaster. GE Power cash flow tanked because of all of the above

GE Power has really screwed up big time because of bad management that has replaced world class experts who used to run the business

Brought over from , on point.

by | Post ID:
1600 views | 1 reply ()
Comment! It's anonymous! Reply to this post anonymously by submitting the form near the bottom of the page!

1 reply

No where can any GE facility put together and ship a steam turbine on a quicker cycle than Schenectady. We cant beat the financials of Europe and Asia, but quality wise and schedule, we can kick but! Many in positions for this to happen, take pride in what can be done. Many issues that have been had in the last 5yrs have been very clearly managerial issues. If the management team is built from the floor, Schenectady could once again thrive again in the steam turbine business. Plant management that has a clue about managing anything would help, having people beneath him that could tell the truth, would be most helpful. Hourly work force would of course need to be willing to actually do what's needed to get the work done, to get more work. Thursday the 30th Nov., is supposed to bring at least 50 salary being given there pink slips. come Jan 1, the salary staff under Nate is to be near 90. Its very obvious where there is over staff issues and salary waste in many cases. It will be a challenge for Steam to succeed with the heavy work load in Schenectady late 2018, but its believed by some it can happen! There SHOULD be several hundred Temp. lack of Works to the hourly folks for most of the 1st quarter of 2018, this would allow the company to save money, at the same time keep the hourly workers from going insane sitting around doing nothing for 2-3 months!! It will be interesting to see how it all plays out for sure. Good luck to all!!!

by | Post ID:

Post a reply


Related pages

lowes in mooresville indianaconocophillips calgarybasic energy services casper wymi swaco careerseagles rumoursesurance san antoniofortress group llcaltus baytown hospitalkmart penny boardsrockwell and collinscisco news layoffshalliburton jobs comboa tickerjim thompson qualcommboots pharmacy locationsapple store in boisegm vsp loginamerican eagle stock tickerjci financeapple layofffmc edmontonverizonwireless ckmblue shield el dorado hillscredit suisse nyc addresswoodward govenordeutsche bank jacksonville office addressisnetworld dallasviacom office nycjobs at juniper networksatt switch offermylan company profilehess corporation salariesitt tickerapple macarthur mallweatherford jobs san antoniothe layoffs follettgerdau midlothianbank of america buyoutthomas reuters dubaithe layoff targetminute clinic woonsocket ricaribbean hospital fajardo prnational oil varcocci layoffswww lyonshr comfmc technologies canada ltdcalumet specialty products stockconocophillips reviewsenergy xiinoble energy denversiemens industry grand prairie txport huron kmartbank of america locations north carolinaswaco aberdeenibm jobs nynetsol technologysears appliance outletscvs in irvingge greenville sc jobsjourneys orland park malldeloitte nyc officenordstroms in walnut creeksouthwest airlines tickeraffinion franklin tnburlington coat factory cary ncbank pf america.combaker hughes cellelowes hours san antonioexpats saudizep chemicalradisys newscabelas in gonzales la closingnewmont mining corpestee lauder tickerbhp employmentcummins darlington addressverizon district manager salarywyman gordon pccemployee coca cola company