Based on the posts here I can see that many folks are wondering about hourly layoffs in 2018. GE will definitely not be having any hourly layoffs this year. Here is why:
Reason #1: Continuing to build product at a full rate pace even though both Steam and Generator are easily 6 to 8 months ahead of schedule requirements makes great business sense. I’m sure that our competitors are doing the same thing....right? Just keep making product for unsigned orders as this is obviously a recipe for success.
Reason #2: The hourly work force is staffed to appropriately support a 40 generator annual build plan. Schenectady might be able to actually secure 24 -26 generator orders by the time the 2018 schedule closes. With this said, I am quite sure that our senior management team will realize the lucrative business opportunity that exists by running the shop over staffed with assembly personnel by 40 to 45 percent throughout 2018 and 2019 (based on long term market forecast). As we all know, paying people to come to work when there is no work to be performed adds significant value to the business.
Reason #3: Six Sigma bucks are expected to overtake bit coin in the next week or two.....well not exactly.
Long story short to all our union brothers in Schenectady.....Don’t worry. It is obvious that everything is fine and there will be no reason for massive layoffs to occur in the next 3-6 months of 2018. I’m sure that any monetary damage that GE would incur from a contract breach would never outway the millions that would be saved by deep, long term employee head count reductions. It’s not like employees represent a massive expense and liability. Mix your favorite c---tail, drink liberally, and place your head back into that nice warm spot in the sand. No problems in Schectady!