Scott Bremner at WSEE TV broke the news this morning that GE will permanently lay off over 1480 hourly workers. Most affected are those who are already on temporary lay off, about 1200 employees, and 230 who are still working. Also eliminated are 50 salaried positions.
I will update the details as the become available. However the company did point to lack of orders, and the inability to sufficiently reduce expenses as reasons for the downsizing.
great…this is all we need.
Did people miss the story about GE finishing the locomotives ordered by India, in India?
The biggest customers in the world for locomotives are India and China! not the US!
Building this factory in India to “Finish” the locomotives in India is the beginning of the complete out sourcing of the manufacturing to India.
GE has been tearing buildings down in Lawrence Park for 20 years. My prediction is in five years you won't be able to even tell they were there.
Then everyone can fight about what they don't want on the site.
The union is killing American manufacturing.
I agree – the time that unions are needed to protect the workers is long gone.
Down here in Florida two years ago some of the space workers went on strike -
Now when I was a kid and you saw a picket line, it was manned 24/7 – rain/shine/snow/sleet…these guys left after a normal work shift –
then they all drove their Corvettes and Harleys to the picket line – HArd to feel sympathetic when the striking guy had better toys than most people – If times are hard, sell the 45k car.
Perhaps if more people were involved in the union in ways that matter, the union would be a better support.
When the union and GE trans are snuffed from Eries existance, there will be $10-$12 per hour jobs to bring our standard of living more in line with the Chinese and Mexican counterparts that have assumed the previously held American jobs.
Maybe the medical field can support “all” the unemployed manufacturing workers…(joke).
Free Trade is not so “Free” any more is it?