GE Cuts 12,000 Power Division Jobs

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  • 6 years ago
GE Cuts 12,000 Power Division Jobs GE will cut one in five Power unit positions as its new CEO plans to cut structural costs by $3.5 billion. Russell Stokes, GE Power CEO The company is also grappling with low coal and gas product sales due to a dip in usage and a growth in renewable energy, USA Today said.

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