GE to cut 1,000 jobs in New York, South Carolina

[UpInArms]

http://www.newsday.com/news/local/wire/ny-bc-ny--gelayoffs-upstate1021oct21,0,1362686.story?coll=ny-ap-regional-wire

SCHENECTADY, N.Y. (AP) _ GE Power Systems said Tuesday it will cut 400 jobs over the next six to nine months from its turbine production facility here due to a decline in domestic demand for power generation equipment.

The Atlanta-based company, a primary business unit of the General Electric Co., also will lay off 600 workers from its Greenville, S.C., plant.

"As expected, the ramp-down of our turbine shipments is continuing after several years of unprecedented demand in the U.S.," said Mark Little, vice president of the company's Energy Products division.

<snip>

Last July, GE downsized 2,000 employees from its turbine facilities in Schenectady and Greenville because of a drop-off in orders for electricity producing turbines.

...more...

guess they didn't get the memo from Snow-job

[Must_B_Free]

1. Yep, that tax cut really did the trick

the creation of new workers is double plus good for the nation.

[flamingyouth]

2. Economic Recovery - it's on a roll!

Tell that to the jobless!

[GOPisEvil]

3. Wait a second...a decline in domestic demand for power generation equip?

Didn't we just have a blackout recently? Hmm...maybe that was grid-related and not generator-related, but still...shouldn't we be modernizing the whole system?

:shrug:

[smirkymonkey]

6. Yes, but didn't you hear....

It was the fault of the 2,000 above-mentioned employees..;-)

[wellst0nev0ter]

4. Yippee! 1,000 More Wal-Mart Employees! (eom)

[CO Liberal]

5. GE Brings Good Things To Life......

...if unemployment checkas are good things.

[Bandit]

7. But But But ~ Ah-nold is here to rescue GE

California should be requesting those turbines any day now considering how Cheney said California would need at least one new generating plant a day every day for the next ten years just to meet current demand. He couldn't have been fibbing now could he?

[Yavin4]

8. If GE Fires Chris Matthews,

they could save those 1,000 jobs.

[CO Liberal]

9. They'll Be Saving Millions Next Year....

.... once "Friends" goes out of production.

[hatrack]

10. So, Snow now has to hope for 301,000 new jobs next month . . .

. . . not 300,000.

And the beat goes on.

[ozone_man]

11. I thought +150,000 jobs per month increase

was needed to keep up with population increase.

The monthly jobs report has been averaging around -400,000 per month for the last few years. Supposedly, -300,000 per month or better is the point at which the economy may be improving. I don't understand that, if +150,000 is needed to keep up with population.

Must be "they" think -300,000 represents the point that a recession turns around and starts getting better? In any case, I don't think the payroll number will dip below
-300,000 during Bush's presidency.

[JeebusH]

12. GM CEO Jack "Scum Bucket" Welch probably ....

told those guys to vote for Dumbya in 2000 .... god, I hate saying I own 50 shares of this evil company, but I can't get out until I'm at least break-even with it

[lovedems]

13. They have to cut all of those jobs

to pay for Jack Welch's retirement package.