General Electric Co. announced on Thursday that it is planning to slash 12,000 jobs in its power business unit. The power business unit is the biggest for the company and had sales of $26.8 billion last year. The company had about 300,000 employees in total across all of its units in 2016. Cutting 12,000 jobs … Continue reading “General Electric Plans to Cut 12,000 Jobs In This Division”
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New GE CEO Plans to Cut Jobs
According to a Reuters report that cited sources familiar with the matter, General Electric Co.'s…
August 31, 2017