The goals we set were long term.
The goals we set were long term.
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.
We have said all along that we will continue to advocate for our proposal and we are continuing to do that.
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.
This was Jack's contract for his final years of employment rather than just a retirement agreement.
We keep our government informed. The next step is for the EC to respond.
© 2020 Inspirational Stories
© 2020 Inspirational Stories