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Old 01-24-2016, 06:34 PM
 
5,310 posts, read 6,610,573 times
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I knew this was coming.
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Old 01-25-2016, 04:42 AM
 
Location: Cincinnati (Norwood)
3,378 posts, read 3,694,700 times
Reputation: 1746
Quote:
Originally Posted by ram2 View Post
I knew this was coming.
Please connect the dots...
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Old 01-25-2016, 05:14 AM
 
3,515 posts, read 3,781,531 times
Reputation: 1808
Quote:
Originally Posted by motorman View Post
Please connect the dots...
Agreed. There's no link..... so how exactly do you know this and what exactly do you know, ram2? Rumor mill?
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Old 01-25-2016, 10:50 AM
 
5,310 posts, read 6,610,573 times
Reputation: 2649
A friend who is a manager there told me.
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Old 01-26-2016, 02:20 AM
 
Location: Cincinnati(Silverton)
1,576 posts, read 2,302,691 times
Reputation: 651
What part of GE? Aircraft engines?
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Old 01-26-2016, 03:37 AM
 
5,310 posts, read 6,610,573 times
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Quote:
Originally Posted by unusualfire View Post
What part of GE? Aircraft engines?


Yes. GE's main competitor, Pratt&Whitney, has been in layoff mode for the past year in Connecticut. That is why I originally said I knew GE's layoffs were coming.
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Old 01-26-2016, 11:53 AM
 
Location: Philaburbia
31,165 posts, read 57,288,199 times
Reputation: 52030
The lighting and transportation divisions have had massive layoffs in the past several months. Appliances division has been sold to the Chinese company Haier. The company is pulling up stakes in its Connecticut headquarters and moving to Boston.

I haven't read anything about layoffs in aviation. Given its history and all the current upheaval within the company, nothing it does would surprise me.
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Old 01-26-2016, 12:03 PM
 
5,643 posts, read 8,749,753 times
Reputation: 2352
Apparently GE is going to invest in creating Software and is getting away from its traditional role in manufacturing. This is one of the primary reasons's they are moving to Boston. This is also likely a reason for the layoffs.
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Old 01-26-2016, 04:17 PM
 
Location: Philaburbia
31,165 posts, read 57,288,199 times
Reputation: 52030
GE is moving to Boston also to escape Connecticut taxes, and because Massachusetts gave it the best relocation deal.
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Old 01-27-2016, 08:17 PM
 
1,556 posts, read 1,462,107 times
Reputation: 1626
Worldwide airplane sales are fine. It's anybody selling into the gas & oil business that should be very, very afraid right now.
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