Tag Archives: John Flannery

GE: Flannery Out; Culp In

30-year GE man lasts merely one year in precarious top spot Welp, that was quick. John Flannery lasted merely one year at the helm of General Electric Co., replaced yesterday by H. Lawrence Culp, Jr., as the embattled company’s CEO. Culp is a GE board member and the former chief of the Danaher Corporation, a […]

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GE: Trust The Process

Despite headlines, it’s not all bad for General Electric You might have seen that General Electric just laid off over 200 workers from its GE Power branch in Schenectady, NY. Perhaps you noticed July 30, when GE Digital, a promising standalone cousin created in 2015, announced it would be selling off its assets. Possibly you’ve […]

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GE Whiz

Ongoing changes at General Electric may make one’s head spin Like a jet engine emblazoned with the company’s logo being installed on a 747 aircraft, the ideology, approach, and structure of General Electric Co. remain in a constant spinning motion. Don’t be alarmed if it’s making your head do the same. GE has been in […]

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GE Will Cut 12,000 Jobs

Cuts will come from GE Power; at least half will be in Europe General Electric will eliminate approximately 12,000 positions from its power division, GE Power, affecting both professional and production employees, the company announced today. The “headcount reductions,” as GE calls them, are a result of prior miscalculations of the sectors demand for coal […]

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GE Gives Estimations

Staff cuts, divestment, and more: CEO Flannery announces GE’s new game plan General Electric delivered its expected overhaul Monday, a full makeover for a company with an illustrious history despite wave upon wave of recent tumult. New CEO John Flannery, who was named to the position August 1 in succession of Jeff Immelt and who […]

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