Tuesday, 14 November 2017

Embattled GE plans thousand of layoffs amid corporate re-set

Embattled GE plans thousand of layoffs amid corporate re-setEmbattled industrial giant General Electric on Monday announced a restructuring plan that includes thousands of job cuts and sales of some units to focus on aviation, healthcare and energy. "We have not performed well for our owners," CEO John Flannery told shareholders at a meeting in New York.




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