General Electric to cut 12,000 jobs in power business revamp
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Re: General Electric to cut 12,000 jobs in power business revamp
#2This coming within a week of them being handed a giant tax cut...
Re: General Electric to cut 12,000 jobs in power business revamp
#3[deleted]
Re: General Electric to cut 12,000 jobs in power business revamp
#4Wasn't GE running all kinds of commercials about jobs at the "new" GE, trying to hire millenials?
Re: General Electric to cut 12,000 jobs in power business revamp
#5Why can't GM re-tool and redeploy those in steam and nuclear generation sectors to work on renewables? The coming wave of solar / wind deployments will be the largest power-related chunk of capex in a generation.
Re: General Electric to cut 12,000 jobs in power business revamp
#6Wasn't GE running all kinds of commercials about jobs at the "new" GE, trying to hire millenials?
Well it's a huge, diverse company. That they're trying to recruit and promote areas appealing to young people while they still maintain (and pursue) stalwarts of industry is not in conflict. If anything, moves like that reinforce that notion, shifting business priorities
Re: General Electric to cut 12,000 jobs in power business revamp
#7“Our problem isn’t that we don’t have enough stuff, it’s that we don’t have enough ways for people to work and prove that they deserves the stuff “ Douglas Rushkoff
Re: General Electric to cut 12,000 jobs in power business revamp
#8Why can't GM re-tool and redeploy those in steam and nuclear generation sectors to work on renewables? The coming wave of solar / wind deployments will be the largest power-related chunk of capex in a generation.
/s/GM/GE
Re: General Electric to cut 12,000 jobs in power business revamp
#9This coming within a week of them being handed a giant tax cut...
No tax cuts have been signed in to law yet. I imagine most folks take a look at the Republican Congress and choose to hedge their bets at this point.
Re: General Electric to cut 12,000 jobs in power business revamp
#10This coming within a week of them being handed a giant tax cut...
No tax cuts have been signed in to law yet. I imagine most folks take a look at the Republican Congress and choose to hedge their bets at this point.
Sorry yes, to clarify they have not yet been signed but... passing the senate was the hurdle that I expected them to have the most issue with. At this point the GOP's image would be seriously damaged if negotiation on the particulars of reconciling the bill fell through.