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The largest layoffs came in February 2009, when the company let go of 50,000 people -- almost 20% of its workforce. Those cuts, however, weren't enough to keep the company solvent. GM ended up ...
Tom Roberts was laid off in April 2009, six weeks after he told his supervisor that he needed to have brain surgery. Paying the bills with a now-exhausted balance of vacation and sick days ...
In January 2023, GE completed the spinoff of one of the three businesses, GE HealthCare (Nasdaq: GEHC). [ 11 ] [ 12 ] [ 13 ] In March 2023, there were reports about the favorable market reaction to GE’s execution of its plan to date, with one report citing that GE stock is the best performing industrial stock so far this year, having jumped ...
By Joseph Grenny, co-author of "Crucial Conversations" As the economy continues to take a downturn, more and more American jobs are at risk. But with all the cutbacks, what's the likelihood that ...
John Francis Welch Jr. (November 19, 1935 – March 1, 2020) was an American business executive, chemical engineer, and writer.He was Chairman and CEO of General Electric (GE) between 1981 and 2001.
GE Transportation is a division of Wabtec.It was known as GE Rail and owned by General Electric until sold to Wabtec on February 25, 2019. The organization manufactures equipment for the railroad, marine, mining, drilling and energy generation industries.
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Plenty of job news is in this morning, starting with the Challenger Gray & Christmas layoff data. The firm announced that layoffs from major U.S. corporations increased by 31 percent in July to ...