We have no layoff targets and no company-wide numbers. We never announce overall layoffs because we don't plan for them across GE. We leave it up to individual businesses to decide what actions are necessary to meet their objectives. However, it's clear we'll need fewer jobs at GE because of redundancies from the Honeywell acquisition, the Montgomery Ward bankruptcy, modest volume-related reductions and GE's digitization activities.
More Quotes from Gary Sheffer:
This was Jack's contract for his final years of employment rather than just a retirement agreement.Gary Sheffer
We have said all along that we will continue to advocate for our proposal and we are continuing to do that.
Gary Sheffer
We think it's wise to ensure that our employees, retirees and investors are well-represented when there are issues that are discussed that affect them.
Gary Sheffer
We keep our government informed. The next step is for the EC to respond.
Gary Sheffer
The goals we set were long term.
Gary Sheffer
Readers Who Like This Quotation Also Like:
Based on Topics: Actions QuotesBased on Keywords: company-wide, digitization, ges, honeywell, layoff, redundancies
If one day I have a daughter and my daughter wants to be a model, I would never let her!
Adriana Lima
I love acting, but it's all just a bonus.
Tim Vine
No one is any one thing.
Martin Short